TOMY Company, Ltd.
Notice Regarding Recording of Impairment Loss and Revision of Full-Year Consolidated Earnings Guidance
Following the recording of a goodwill impairment loss of 4,862 million yen, the full-year consolidated earnings guidance for the fiscal year ending March 2026 has been revised downward, with net income attributable to owners of parent decreased by 28.6% from 14,000 million yen to 10,000 million yen.
Key Figures
- Goodwill impairment loss: 4,862 million yen
- Net income attributable to owners of parent forecast: 10,000 million yen (28.6% decrease from previous forecast)
- Operating income forecast: 23,500 million yen (6.8% increase from previous forecast)
AI要約
Overview of Earnings Guidance Revision
In the third quarter of the fiscal year ending March 2026, the US consolidated subsidiary TOMY International, Inc. experienced sluggish sales in its core baby products and agricultural vehicle toys due to tariffs and consumer price sensitivity driven by inflation. As a result of reviewing future recoverability, a goodwill impairment loss of 4,862 million yen was recorded. Meanwhile, strong sales of high-priced toys by Fat Brain Holdings, LLC and robust domestic sales of 'Tomica' and 'Duel Masters' contributed to net sales remaining unchanged from the previous forecast, with both operating income and ordinary income expected to exceed prior projections.
Impact of Earnings Guidance Revision and Dividend Forecast
Due to these factors, the full-year net income attributable to owners of parent has been revised downward by 28.6%, from 14,000 million yen to 10,000 million yen. Net sales remain unchanged at 260,000 million yen, while operating income and ordinary income are projected at 23,500 million yen and 23,300 million yen respectively, exceeding prior forecasts. The dividend forecast remains unchanged at an annual 64 yen (32 yen interim dividend).
