Revised consolidated full-year earnings guidance for the fiscal year ending December 2026. Net sales have been lowered from the previous forecast of 6,500 hundred million yen to 5,000 hundred million yen; operating income from 220 hundred million yen to 50 hundred million yen; ordinary income from 200 hundred million yen to 23 hundred million yen; and net income attributable to owners of parent from 120 hundred million yen to 20 hundred million yen \u2014 each substantially downwardly revised. The revision reflects changes in demand for real estate sales, inventory pressure, geopolitical risks, and rising costs. Prior fiscal year results were 4,541 hundred million yen, 195 hundred million yen, 184 hundred million yen, 113 hundred million yen, and 4.77 yen per share.<\/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":"8946","jir_company_name":"Asian Star Co.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-13","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/8946-20261113-01.pdf","jir_short_summary":"Revised consolidated full-year earnings guidance for the fiscal year ending December 2026. Net sales have been lowered from the previous forecast of 6,500 hundred million yen to 5,000 hundred million yen; operating income from 220 hundred million yen to 50 hundred million yen; ordinary income from 200 hundred million yen to 23 hundred million yen; and net income attributable to owners of parent from 120 hundred million yen to 20 hundred million yen \u2014 each substantially downwardly revised. The revision reflects changes in demand for real estate sales, inventory pressure, geopolitical risks, and rising costs. Prior fiscal year results were 4,541 hundred million yen, 195 hundred million yen, 184 hundred million yen, 113 hundred million yen, and 4.77 yen per share.","jir_summary":"### Summary of Revision to Earnings Guidance\nWe have revised the consolidated full-year earnings guidance for the fiscal year ending December 2026. Net sales have been significantly revised downward from the previously announced forecast due to changes in transaction terms and timing in our core real estate sales business and a reassessment of the financing environment. Geopolitical risk, restraint on acquiring high-priced properties, delayed inventory turnover, and increased initial costs in the RWA business have also contributed, and overall profit levels are expected to decline.\n\n### Background and Future Outlook\nAlthough the property management business progressed as planned, the impact from the real estate sales business was substantial, resulting in postponements and deferrals of transactions. In addition, temporary cost increases due to organizational restructuring and the effects of geopolitical risk have squeezed profitability. Because future results may fluctuate depending on business conditions and performance trends, it is recommended to refer to the supplementary materials detailing additional measures and growth strategies.","jir_financial_highlights":"Net Sales: 5,000 hundred million yen (versus previous forecast -1,500 hundred million yen)\nOperating Income: 50 hundred million yen (versus previous forecast -170 hundred million yen)\nOrdinary Income: 23 hundred million yen (versus previous forecast -177 hundred million yen)\nNet Income Attributable to Owners of Parent: 20 hundred million yen (versus previous forecast -100 hundred million yen)\nNet Income per Share: 0.80 yen (change amount versus previous forecast unknown)","jir_category":"","jir_hashtags":"#ASIAN_STAR, #EarningsGuidanceRevision","jir_key_figures":"Net Sales: 5,000 hundred million yen\nOperating Income: 50 hundred million yen\nOrdinary Income: 23 hundred million yen","jir_meta_title":"Asian Star Co. - Revision to Full-Year Earnings Guidance | FY2026","jir_meta_description":"Asian Star Co. has revised down its full-year earnings guidance for the fiscal year ending December 2026. Forecasts include net sales of 5,000 hundred million yen, operating income of 50 hundred million yen, and net income of 20 hundred million yen. The revision reflects reduced demand in real estate sales, geopolitical risks, and increased costs.","jir_og_title":"Asian Star Co. | Revision to Full-Year Earnings Guidance","jir_og_description":"Asian Star Co. has lowered its full-year guidance for FY2026 to net sales of 5,000 hundred million yen and outlines factors pressuring profits. The announcement also references future measures.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":61217,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"earnings_guidance","footnotes":""},"sector":[],"importance":[],"class_list":["post-153314","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n