Kintetsu Department Store Co., Ltd.
Notice Regarding Recording of Extraordinary Loss and Revision of Earnings Guidance (Consolidated and Non-Consolidated)
Revised consolidated sales for the fiscal year ending February 2026 to 125.4 billion yen, a 3.6% increase from the previous forecast, and operating income to 6.7 billion yen, a 24.1% increase. Recorded an extraordinary loss of 4.314 billion yen.
Key Figures
- Extraordinary Loss (Consolidated): 4,314 million yen (Impairment Loss on Fixed Assets)
- Consolidated Sales: 125,400 million yen (3.6% increase from previous forecast)
- Consolidated Operating Income: 6,700 million yen (24.1% increase from previous forecast)
AI要約
Regarding Recording of Extraordinary Loss
In accordance with the 'Accounting Standard for Impairment of Fixed Assets,' the Company will record impairment losses of 4,314 million yen consolidated and 4,356 million yen non-consolidated on store assets of Yokkaichi and Nara stores as extraordinary losses. Although this will increase extraordinary losses, the overall impact on business performance is expected to be limited.
Revision of Earnings Guidance
The consolidated earnings forecast for the fiscal year ending February 2026 has been revised upward, with sales increasing by 3.6% from 121 billion yen to 125.4 billion yen, operating income rising by 24.1% from 5.4 billion yen to 6.7 billion yen, and net income attributable to owners of parent expected to increase by 5.7% from 3.5 billion yen to 3.7 billion yen. Non-consolidated results are also expected to exceed previous forecasts in sales, operating income, and ordinary income. The main factors are strong performance of the '2025 Osaka-Kansai Expo Official Store' and increased duty-free sales.
