Due to retrospective adjustments including an impairment loss of JPY 64.6 billion related to fictitious circular transactions, the consolidated earnings guidance for FY March 2026 was revised to net sales of JPY 6,060 billion, operating income of JPY 1,090 billion, and net income attributable to owners of parent of JPY 698 billion.<\/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,"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":"9433","jir_company_name":"KDDI CORPORATION","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-03-31","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/9433-20260331-15.pdf","jir_short_summary":"Due to retrospective adjustments including an impairment loss of JPY 64.6 billion related to fictitious circular transactions, the consolidated earnings guidance for FY March 2026 was revised to net sales of JPY 6,060 billion, operating income of JPY 1,090 billion, and net income attributable to owners of parent of JPY 698 billion.","jir_summary":"### Investigation Results and Impact on Earnings\nA fictitious circular transaction involving the advertising agency business at a subsidiary within the KDDI Group was confirmed, and the report from the Special Investigation Committee was received. Consequently, the retrospective restatement of past results from fiscal year March 2023 and earlier through fiscal year March 2026 was made, recording an impairment loss of JPY 64.6 billion related to BIGLOBE\u2019s goodwill and others. While the FY March 2026 Q1-3 period showed year-over-year increases in revenue and profit, considering the impact of the fictitious circular transactions, the full-year earnings guidance was revised to net sales of JPY 6,060 billion (down 4.3% from initial forecast), operating income of JPY 1,090 billion (down 7.5%), and net income attributable to owners of parent of JPY 698 billion (down 6.7%).\n\n### Recurrence Prevention Measures and Future Outlook\nTo clarify managerial responsibility, voluntary salary reductions and resignations of key executives were implemented, and employees involved were dismissed. The entire group is promoting recurrence prevention measures including strengthening client management, enforcing separation of duties, enhancing risk management for new businesses, and reviewing internal audit systems. There is no impact on telecommunication services. Civil lawsuits and criminal complaints are being considered to recover externally leaked amounts. The FY March 2026 full-year financial results and next medium-term management strategy announcement will be conducted without delay, aiming to strengthen the management foundation for sustainable growth.","jir_financial_highlights":"Net Sales: JPY 6,060 billion (Down 4.3% from initial forecast)\nOperating Income: JPY 1,090 billion (Down 7.5% from initial forecast)\nNet Income Attributable to Owners of Parent: JPY 698 billion (Down 6.7% from initial forecast)\nFY 26.3 Q1-3 Net Sales: JPY 4,471.8 billion (Up 3.8% Year-over-Year)\nFY 26.3 Q1-3 Operating Income: JPY 856.7 billion (Up 1.1% Year-over-Year)\nFY 26.3 Q1-3 Net Income Attributable to Owners of Parent: JPY 545.5 billion (Up 5.1% Year-over-Year)\nRetrospective Impairment Loss (Goodwill etc.): JPY 64.6 billion (Unknown)","jir_category":"","jir_hashtags":"#KDDICORPORATION, #financial_summary, #IR, #FictitiousCircularTransactions, #EarningsRevision","jir_key_figures":"Retrospective Impairment Loss (Goodwill etc.): JPY 64.6 billion\nFY March 2026 Consolidated Net Sales Guidance: JPY 6,060 billion (Down 4.3% from initial forecast)\nFY March 2026 Consolidated Operating Income Guidance: JPY 1,090 billion (Down 7.5% from initial forecast)","jir_meta_title":"KDDI Records JPY 64.6 Billion Impairment Due to Fictitious Circular Transactions and Revises FY March 2026 Earnings Guidance","jir_meta_description":"KDDI conducts retrospective adjustments following fictitious circular transactions at its subsidiary. Full-year FY March 2026 net sales revised downward to JPY 6,060 billion and operating income to JPY 1,090 billion. Strengthened prevention measures underway to restore trust.","jir_og_title":"KDDI Revises Earnings Guidance Amid Fictitious Circular Transactions Issue","jir_og_description":"Recorded impairment loss of JPY 64.6 billion related to fictitious circular transactions. FY March 2026 earnings guidance revised to net sales of JPY 6,060 billion and operating income of JPY 1,090 billion while promoting prevention measures.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Net Sales Trend (FY March 2023 and Earlier to FY March 2026 Q1-3 Cumulative)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Before FY March 2023\\\",\\\"FY March 2024\\\",\\\"FY March 2025\\\",\\\"FY March 2026 Q1-3 Cumulative\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales (Billion JPY)\\\",\\\"data\\\":[2461,543,824,676],\\\"borderColor\\\":\\\"#007bff\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"display\\\":true}}}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend (FY March 2023 and Earlier to FY March 2026 Q1-3 Cumulative)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Before FY March 2023\\\",\\\"FY March 2024\\\",\\\"FY March 2025\\\",\\\"FY March 2026 Q1-3 Cumulative\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income (Billion JPY)\\\",\\\"data\\\":[1508,496,312,396],\\\"borderColor\\\":\\\"#28a745\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"display\\\":true}}}}\"}, {\"jir_chart_id\": \"net_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Net Income Attributable to Owners of Parent Trend (FY March 2023 and Earlier to FY March 2026 Q1-3 Cumulative)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Before FY March 2023\\\",\\\"FY March 2024\\\",\\\"FY March 2025\\\",\\\"FY March 2026 Q1-3 Cumulative\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Income (Billion JPY)\\\",\\\"data\\\":[1290,376,303,334],\\\"borderColor\\\":\\\"#dc3545\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"display\\\":true}}}}\"}, {\"jir_chart_id\": \"guidance_comparison\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"FY March 2026 Earnings Guidance Revision Comparison\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Net Sales\\\",\\\"Operating Income\\\",\\\"Net Income\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Initial Forecast (Billion JPY)\\\",\\\"data\\\":[63300,11780,7480],\\\"backgroundColor\\\":\\\"#007bff\\\"},{\\\"label\\\":\\\"Revised Forecast (Billion JPY)\\\",\\\"data\\\":[60600,10900,6980],\\\"backgroundColor\\\":\\\"#28a745\\\"}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"position\\\":\\\"top\\\"}}}}\"}, {\"jir_chart_id\": \"quarterly_performance\", \"jir_chart_type\": \"table\", \"jir_chart_title\": \"FY March 2026 Q1-3 Consolidated Performance (Year-over-Year Comparison)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"table\\\",\\\"data\\\":{\\\"headers\\\":[\\\"Metric\\\",\\\"FY March 2025 Q1-3\\\",\\\"FY March 2026 Q1-3\\\",\\\"Change Amount\\\",\\\"Change Rate\\\"],\\\"rows\\\":[[\\\"Net Sales\\\",\\\"JPY 4,308.5 billion\\\",\\\"JPY 4,471.8 billion\\\",\\\"+JPY 163.3 billion\\\",\\\"+3.8%\\\"],[\\\"Operating Income\\\",\\\"JPY 847.7 billion\\\",\\\"JPY 856.7 billion\\\",\\\"+JPY 9 billion\\\",\\\"+1.1%\\\"],[\\\"Net Income\\\",\\\"JPY 519.0 billion\\\",\\\"JPY 545.5 billion\\\",\\\"+JPY 26.5 billion\\\",\\\"+5.1%\\\"]]}}\"}]","ir_related_company":6845,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-38270","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n