Tess Holdings Co.,Ltd.
Reassignment of expense recognition categories in the medium-term management plan
Reassign cost recognition category for the biomass fuel business from selling, general and administrative expenses to cost of sales within the medium-term management plan (2025-2030). No changes to planned operating income or ROE/ROIC growth strategy. For the fiscal years ending June 2027 and June 2030, gross profit is expected to differ: from 11.0 billion to 13.2 billion yen, and from 18.7 billion to 21.5 billion yen, respectively.
Key Figures
- Gross profit: 2027 June-term plan 11,000,000,000 yen → 13,200,000,000 yen (diff △2,200,000,000 yen)
- Gross profit: 2030 June-term plan 18,700,000,000 yen → 21,500,000,000 yen (diff △2,800,000,000 yen)
- Operating income: 6,400,000,000 yen (no change)
AI要約
Background and purpose
This release provides notice of the supplementary material published in August 2024 regarding the medium-term management plan, and the adjustment of cost allocation for operations related to the biomass fuel business from SG&A to cost of sales. The reassignment is a change in expense recognition categories, and is described as not affecting overall operating income or ROE/ROIC plans.
Key points of the financial outlook
After the reassignment, the new gross profit plan is expressed as a decrease or increase relative to the mid-term plan's estimate, but there is no change to the long-term plan for operating income or ROE/ROIC, or to the growth strategy. Differences arise between the 2027 June-term plan and the 2030 June-term plan figures, and while gross profit visibility changes, the overall trajectory of profitability indicators is interpreted as having minimal impact.
TES Holdings Co., Ltd.
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