Seven Bank, Ltd.
Notice Regarding Posting of Special Loss and Revision of Full-Year Consolidated Earnings Forecast
Seven Bank, Ltd. has revised downward its forecast for net income attributable to owners of parent for the fiscal year ending March 2026 from 16,000 million yen to 11,000 million yen, a 31.2% decrease, due to recording an impairment loss of 6,342 million yen by its consolidated subsidiary.
Key Figures
- Special Loss (Impairment Loss): 6,342 million yen (related to credit card business)
- Operating Income: 27,000 million yen (up 10.2% from previous forecast)
- Net Income Attributable to Owners of Parent: 11,000 million yen (down 31.2% from previous forecast)
AI要約
Regarding Posting of Special Loss
At Seven Card Service Co., Ltd., a consolidated subsidiary of Seven Bank, Ltd., impairment indicators were confirmed due to the issuance volume and other factors of the credit card business falling below plans, resulting in the recognition of an impairment loss of 6,342 million yen on fixed assets as a special loss.
Revision of Full-Year Consolidated Earnings Forecast
We have revised the full-year consolidated earnings forecast for the fiscal year ending March 2026. Ordinary income remains unchanged at 216,000 million yen, operating income is revised upward to 27,000 million yen (up 10.2% from previous forecast); however, due to the posting of the special loss, net income attributable to owners of parent has been revised downward to 11,000 million yen (down 31.2% from previous forecast). The forecast for the year-end dividend remains unchanged.
