The total extraordinary loss recorded is approximately 7.6 billion yen (4.7 billion yen impairment loss on equity securities of affiliates, 2.0 billion yen goodwill amortization, 0.9 billion yen impairment losses), and the earnings guidance for the fiscal year ending March 2026 has been revised to net sales of 254.0 billion yen (down 4.9% from the previous forecast) and net income attributable to owners of parent of 10.0 billion yen (down 18.0% from the previous 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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":"1934","jir_company_name":"Yurtec Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/1934-20260227-01.pdf","jir_short_summary":"The total extraordinary loss recorded is approximately 7.6 billion yen (4.7 billion yen impairment loss on equity securities of affiliates, 2.0 billion yen goodwill amortization, 0.9 billion yen impairment losses), and the earnings guidance for the fiscal year ending March 2026 has been revised to net sales of 254.0 billion yen (down 4.9% from the previous forecast) and net income attributable to owners of parent of 10.0 billion yen (down 18.0% from the previous forecast).","jir_summary":"### Regarding the Recording of Extraordinary Losses\nThe Company plans to record a total extraordinary loss of 7.6 billion yen in the fourth quarter of the fiscal year ending March 2026, consisting of an impairment loss on equity securities of affiliated company Sigma, its wholly owned subsidiary in Vietnam, of 4.7 billion yen, a one-time goodwill amortization of 2.0 billion yen, and impairment losses of 0.9 billion yen on customer-related assets and business assets. The main causes are deterioration of the business environment, impacts from the COVID-19 pandemic, and stagnation in the wind power generation market.\n\n### Regarding the Revision of Earnings Guidance\nThe consolidated earnings guidance for the fiscal year ending March 2026 has been revised to net sales of 254.0 billion yen (down 4.9% from the previous forecast), operating income of 18.0 billion yen (up 7.8%), ordinary income of 18.5 billion yen (up 5.7%), and net income attributable to owners of parent of 10.0 billion yen (down 18.0%). The decline in net sales is due to delays in progress of large-scale construction projects and postponed orders from overseas subsidiaries, while profitability is expected to improve through thorough cost management. The dividend forecast remains unchanged at 72 yen per share annually.","jir_financial_highlights":"Impairment Loss on Equity Securities of Affiliates: 4.7 billion yen (Newly Recorded)\nGoodwill Amortization Amount: 2.0 billion yen (Newly Recorded)\nImpairment Losses: 0.9 billion yen (Newly Recorded)\nNet Sales (Consolidated): 254.0 billion yen (Down 4.9% from Previous Forecast)\nOperating Income (Consolidated): 18.0 billion yen (Up 7.8% from Previous Forecast)\nOrdinary Income (Consolidated): 18.5 billion yen (Up 5.7% from Previous Forecast)\nNet Income Attributable to Owners of Parent (Consolidated): 10.0 billion yen (Down 18.0% from Previous Forecast)\nDividend Forecast (Annual per Share): 72 yen (No Change)","jir_category":"","jir_hashtags":"#YurtecCorporation, #EarningsGuidanceRevision, #JapaneseStocks","jir_key_figures":"Impairment Loss on Equity Securities of Affiliates: 4.7 billion yen (extraordinary loss recorded)\nGoodwill Amortization Amount: 2.0 billion yen (extraordinary loss recorded)\nConsolidated Net Sales Forecast for Fiscal Year Ending March 2026: 254.0 billion yen (down 4.9% from previous forecast)","jir_meta_title":"Yurtec Corporation Records Extraordinary Loss of 7.6 Billion Yen and Revises Earnings Guidance for Fiscal Year Ending March 2026, Net Sales Decline to 254.0 Billion Yen","jir_meta_description":"Yurtec Corporation records an extraordinary loss of 7.6 billion yen related to its subsidiary Sigma, revising consolidated net sales for fiscal year ending March 2026 to 254.0 billion yen (down 4.9%) and net income to 10.0 billion yen (down 18.0%). Dividend forecast remains at 72 yen per share.","jir_og_title":"Yurtec Announces Recording of Extraordinary Loss and Revision of Earnings Guidance","jir_og_description":"Yurtec records extraordinary loss of 7.6 billion yen and revises earnings guidance for fiscal year ending March 2026, anticipating net sales of 254.0 billion yen and net income attributable to owners of parent of 10.0 billion yen.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"guidance_comparison\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Comparison of Previous and Revised Consolidated Earnings Guidance for Fiscal Year Ending March 2026\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Net Sales\\\",\\\"Operating Income\\\",\\\"Ordinary Income\\\",\\\"Net Income Attributable to Owners of Parent\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Previous Forecast (million yen)\\\",\\\"data\\\":[267000,16700,17500,12200],\\\"backgroundColor\\\":\\\"#4e79a7\\\"},{\\\"label\\\":\\\"Revised Forecast (million yen)\\\",\\\"data\\\":[254000,18000,18500,10000],\\\"backgroundColor\\\":\\\"#f28e2b\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"profit_margin_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Margin Trends: Actual for Fiscal Year Ending March 2025 vs Revised Forecast for Fiscal Year Ending March 2026\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"FY 2025 Actual\\\",\\\"FY 2026 Revised Forecast\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Margin (%)\\\",\\\"data\\\":[6.3,7.1],\\\"borderColor\\\":\\\"#59a14f\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"min\\\":0,\\\"max\\\":10}}}}\"}]","ir_related_company":9010,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"earnings_guidance","footnotes":""},"sector":[],"importance":[],"class_list":["post-31706","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n