Asian Star Co.

8946.T
Real Estate Services
2026/11/13 19:59 Updated
Market Cap: $11.2M (¥1.8B)
Stock Price: $0.42 (¥67)
Exchange Rate: 1 USD = ¥159.74

Notice of Revision to Full-Year Earnings Guidance

Revised consolidated full-year earnings guidance for the fiscal year ending December 2026. Net sales have been lowered from the previous forecast of 6,500 hundred million yen to 5,000 hundred million yen; operating income from 220 hundred million yen to 50 hundred million yen; ordinary income from 200 hundred million yen to 23 hundred million yen; and net income attributable to owners of parent from 120 hundred million yen to 20 hundred million yen — each substantially downwardly revised. The revision reflects changes in demand for real estate sales, inventory pressure, geopolitical risks, and rising costs. Prior fiscal year results were 4,541 hundred million yen, 195 hundred million yen, 184 hundred million yen, 113 hundred million yen, and 4.77 yen per share.

Importance:
Page Updated: November 14, 2026
IR Disclosure Date: November 13, 2026

Key Figures

  • Net Sales: 5,000 hundred million yen
  • Operating Income: 50 hundred million yen
  • Ordinary Income: 23 hundred million yen

AI要約

Summary of Revision to Earnings Guidance

We have revised the consolidated full-year earnings guidance for the fiscal year ending December 2026. Net sales have been significantly revised downward from the previously announced forecast due to changes in transaction terms and timing in our core real estate sales business and a reassessment of the financing environment. Geopolitical risk, restraint on acquiring high-priced properties, delayed inventory turnover, and increased initial costs in the RWA business have also contributed, and overall profit levels are expected to decline.

Background and Future Outlook

Although the property management business progressed as planned, the impact from the real estate sales business was substantial, resulting in postponements and deferrals of transactions. In addition, temporary cost increases due to organizational restructuring and the effects of geopolitical risk have squeezed profitability. Because future results may fluctuate depending on business conditions and performance trends, it is recommended to refer to the supplementary materials detailing additional measures and growth strategies.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Asian Star Co.

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