Altech Co., Ltd.
Progress of Disclosures: Impact of Heavy Rain in Fukui, Recognition of Special Losses and Revision of Full-Year Earnings Forecast
Due to site and building flooding caused by heavy rain in Fukui, a disaster loss provision of 96 million yen was recognized as a special loss. Full-year sales for the November fiscal year remain unchanged from the previous forecast at 18,000 million yen, operating income 700 million yen, and ordinary income 500 million yen. Net income attributable to owners of parent and net income per share are TBD and will be announced later.
Key Figures
- Net Sales 18,000 million yen
- Operating Income 700 million yen
- Ordinary Income 500 million yen
AI要約
Overview of Performance and Impact
Heavy rain in Fukui Prefecture caused flooding damage at a facility of Altech Co., Ltd., resulting in delayed restoration of production equipment and a temporary suspension of operations. Accordingly, a disaster loss provision of 96 million yen was recorded as a special loss. Full-year net sales, operating income, and ordinary income are expected to remain at the previously forecast levels, but net income attributable to owners of parent and net income per share are TBD because the impact amount from the flooding has not been finalized.
Outlook and Future Disclosures
Production is expected to resume after late November 2026, and the company will promptly disclose revised forecasts as soon as reasonable earnings projections can be calculated. Although this revision maintains the full-year forecasts, net profit-related items remain uncertain and further revisions may be made depending on new information.
Altech Co., Ltd.
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