Revised downward the consolidated full-year earnings forecast for the fiscal year ending February 2027. An impairment related to the closure of TST was recorded as an extraordinary loss amid rising rents and decreased Chinese inbound demand; sales revised to 50,832 million yen, operating income to 111 million yen, net income attributable to owners of parent to -696 million yen, and earnings per share to -19.30 yen. Overall decreases from the previous forecast. Although recovery of key brands is expected in the second half, the full-year outlook is downgraded due to these impacts.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3548","jir_company_name":"Baroque Japan Limited","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-15","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/3548-20261015-04.pdf","jir_short_summary":"Revised downward the consolidated full-year earnings forecast for the fiscal year ending February 2027. An impairment related to the closure of TST was recorded as an extraordinary loss amid rising rents and decreased Chinese inbound demand; sales revised to 50,832 million yen, operating income to 111 million yen, net income attributable to owners of parent to -696 million yen, and earnings per share to -19.30 yen. Overall decreases from the previous forecast. Although recovery of key brands is expected in the second half, the full-year outlook is downgraded due to these impacts.","jir_summary":"### Business Performance Overview\nThis document notifies the recording of an extraordinary loss in the second quarter of the fiscal year ending February 2027 and a revision to the consolidated full-year earnings forecast. Net sales are revised downward from the previous forecast, and with the recording of the extraordinary loss, operating income, ordinary income and net income are expected to decline significantly. The main causes are impairment related to the closure of TST, performance fluctuations of brands under restructuring, and delays in e-commerce shipments due to the introduction of a new system. While recovery of key brands is expected in the second half, the full-year outlook has been lowered.\n\n### Outlook and Impact\nThe second half is expected to see stable performance from the FB and SB brands, but the pace of customer recovery for AZUL BY MOUSSY and delays in resolving e-commerce shipment issues will affect the full-year results. The full-year outlook is expected to fall short of the previously announced forecast, with the effects of the extraordinary loss and the write-down of deferred tax assets also contributing. Future recovery will depend on market trends and the recovery status of each brand.","jir_financial_highlights":"Net Sales: 50,832 million yen (vs. previous forecast -2,138 million yen)\nOperating Income: 111 million yen (vs. previous forecast -1,241 million yen)\nOrdinary Income: -39 million yen (vs. previous forecast Unknown)\nNet Income Attributable to Owners of Parent: -696 million yen (vs. previous forecast -1,341 million yen)\nEarnings Per Share: -19.30 yen (vs. previous forecast Unknown)\nExtraordinary Loss: 555 million yen (Newly recorded)","jir_category":"","jir_hashtags":"#BaroqueJapanLimitedBreakdown, #FullYearRevision","jir_key_figures":"Net Sales: 50,832 million yen (vs. previous forecast -2,138 million yen)\nOperating Income: 111 million yen (vs. previous forecast -1,241 million yen)\nNet Income Attributable to Owners of Parent: -696 million yen (vs. previous forecast -1,341 million yen)","jir_meta_title":"Baroque Japan Limited: Recording of Extraordinary Loss and Revision of Full-Year Earnings Forecast | October 2026","jir_meta_description":"Announced recording of an extraordinary loss and revision of consolidated full-year earnings forecast. Sales projected at 50,832 million yen and net income at -696 million yen. Details on second-half recovery prospects and contributing factors.","jir_og_title":"Recording of Extraordinary Loss and Revision of Full-Year Forecast | Baroque Japan Limited","jir_og_description":"The Company has revised downward its full-year forecast for the fiscal year ending February 2027. Key indicators were adjusted due to impairment related to the closure of TST and e-commerce shipment delays; second-half recovery is expected but the full-year outlook is reduced.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57367,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-131439","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n