Kitoku Shinryo Co., Ltd.
Notice of Revision to Earnings Guidance
Revised the full-year consolidated earnings guidance for the fiscal year ending December 2026. Net sales were downwardly revised from the previous forecast of 200,000 hundred million yen to 177,000 hundred million yen. Operating income, ordinary income and net income attributable to owners of parent were substantially downwardly revised to -4,900 million yen, -5,000 million yen and -5,000 million yen, respectively. Dividends to shareholders will remain as previously forecast at 25 yen interim and 25 yen year-end, total 50 yen.
Key Figures
- Net Sales: 177,000 hundred million yen (revised from previous forecast 200,000 hundred million yen)
- Operating Income: -4,900 million yen (revised from previous forecast 4,000 million yen)
- Net Income Attributable to Owners of Parent: -5,000 million yen (revised from previous forecast 3,000 million yen)
AI要約
Overview of Revision to Earnings Guidance
The Company has revised its full-year consolidated earnings guidance for the fiscal year ending December 2026, lowering net sales to 177,000 hundred million yen, operating income to -4,900 million yen, ordinary income to -5,000 million yen and net income attributable to owners of parent to -5,000 million yen. Accordingly, net income per share is expected to be -611.14 yen. This revision reflects inventory measures and estimated inventory valuation losses related to the rice business amid higher procurement prices, which are expected to result in recorded losses. Dividends are planned to remain at interim 25 yen and year-end 25 yen, totaling 50 yen.
Outlook and Points to Note
The revision is driven by inventory strategy and estimates of inventory valuation losses in the core rice business, and is based on information currently available; actual results may vary depending on future developments. If matters requiring disclosure arise, the Company will promptly announce them.
Kitoku Shinryo Co., Ltd.
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