Eurasia Travel Co., Ltd.
Notice Regarding Variance Between Full-Year Consolidated Earnings Forecast and Actual Results for the Fiscal Year Ended September 2026
Eurasia Travel Co., Ltd. announced variances between the consolidated earnings forecast and actual results for the fiscal year ended September 2026. While revenue exceeded the forecast, operating income, ordinary income, and net income attributable to owners of parent decreased due to exchange rate effects and other factors. The variance was caused by expense increases that outweighed the revenue gain.
Key Figures
- Operating Revenue: 5,733 million yen
- Operating Income: -41 million yen
- Ordinary Income: -49 million yen
- Net Income Attributable to Owners of Parent: -46 million yen
- Net Income per Share: -12.57 yen
AI要約
Variance and Causes of Performance
This notice discloses the variance between the consolidated earnings forecast and actual results announced on August 4, 2026. Although revenue exceeded the forecast, exchange rate fluctuations (weaker yen) led to increased cost of goods sold and other cost pressures that could not be fully offset, causing operating income, ordinary income, and net income attributable to owners of parent to fall short of forecasts. While operating revenue surpassed expectations, the increase in costs negatively impacted profitability.
Outlook and Impact
Since the variance is driven by movements in exchange rates and costs, future exchange rate movements and improvements in cost structure are expected to be key to profit recovery. Compared with the prior fiscal year, revenue has increased, but it may take time for profit measures to recover.
Eurasia Travel Co., Ltd.
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