Seiko Epson Corporation
Notice Regarding Impairment Loss Recording and Differences Between Full-Year Consolidated Earnings Guidance and Actual Results for Fiscal Year Ending March 2026 (IFRS)
Recorded an impairment loss on goodwill of 25.9 billion yen related to Fiery Inc. in the Commercial and Industrial Printing segment. Net income attributable to owners of parent for the fiscal year ending March 2026 decreased by 18.2 billion yen, a 55.6% decline year-over-year.
Key Figures
- Goodwill Impairment Loss: 25.9 billion yen (related to Fiery Inc.)
- Net Income Attributable to Owners of Parent: 18,201 million yen (55.6% decrease vs. previous forecast)
- Revenue: 1,413,251 million yen (1.7% increase vs. previous forecast)
AI要約
Performance Overview
In the consolidated financial results for the fiscal year ending March 2026, an impairment loss on goodwill of 25.9 billion yen was recorded related to Fiery Inc. in the Commercial and Industrial Printing segment. This reflects a cautious revision of business plans due to market deterioration caused by factors such as U.S. tariff policies. Revenue and operating income by segment exceeded the previous forecast due to increased sales in the Printing Solutions segment and positive foreign exchange effects; however, operating income and subsequent profit lines fell below the previous forecast due to the recording of the impairment loss.
Differences Between Earnings Guidance and Actual Results
Revenue increased to 1,413,251 million yen (+1.7% vs. previous forecast), and operating income by segment rose to 83,788 million yen (+11.7%). Conversely, operating income declined to 49,558 million yen (-26.0%), income before income taxes was 50,023 million yen (-26.4%), and net income as well as net income attributable to owners of parent decreased to 18,206 million yen (-55.6%). This significant decline primarily results from the goodwill impairment loss related to Fiery Inc.
Comparison of Revenue and Earnings Guidance and Actuals (Fiscal Year Ending March 2026)
Seiko Epson Corporation
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