Rengo Co., Ltd. recorded an impairment loss of 18,910 million yen related to TriCo and revised downward its full-year consolidated earnings guidance for the fiscal year ending March 2026 to operating income of 37,000 million yen and net income of 21,000 million 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/3941-20260424-01.pdf","jir_short_summary":"Rengo Co., Ltd. recorded an impairment loss of 18,910 million yen related to TriCo and revised downward its full-year consolidated earnings guidance for the fiscal year ending March 2026 to operating income of 37,000 million yen and net income of 21,000 million yen.","jir_summary":"### Regarding the Recognition of Impairment Loss\nRengo Co., Ltd. conducted an impairment test at its subsidiary TriCo Packaging & Logistics Co., Ltd. due to deteriorated profitability in the heavy cardboard business caused by weakness in the European automotive industry, resulting in business performance falling short of plans. As a result, impairment losses totaling 18,910 million yen were recognized as special losses relating to tangible fixed assets, goodwill, and intangible fixed assets. Going forward, efforts will be made to enhance corporate value by expanding supply to other industries such as chemicals, strengthening the sales structure, and reducing fixed costs through consolidation of unprofitable sites.\n\n### Revision of Full-Year Consolidated Earnings Guidance for the Fiscal Year Ending March 2026\nThe consolidated earnings guidance for the fiscal year ending March 2026 has been revised. Net sales remain unchanged at the initial forecast of 1,005,000 million yen. However, operating income and ordinary income are revised downward to 37,000 million yen (7.5% decrease from previous forecast), and net income attributable to owners of parent is revised downward to 21,000 million yen (12.5% decrease). The revisions reflect the recognition of impairment loss and provisioning for factory relocation costs. Dividend forecast remains unchanged.","jir_financial_highlights":"Impairment Loss (Consolidated): 18,910 million yen (Newly Recognized)\nNet Sales: 1,005,000 million yen (0.0%)\nOperating Income: 37,000 million yen (\u25b37.5%)\nOrdinary Income: 37,000 million yen (\u25b37.5%)\nNet Income Attributable to Owners of Parent: 21,000 million yen (\u25b312.5%)\nNet Income per Share: 84.66 yen (Unknown)","jir_category":"","jir_hashtags":"#Rengo, #EarningsGuidanceRevision, #JapaneseStocks","jir_key_figures":"Impairment Loss (Consolidated): 18,910 million yen (recognized as special loss)\nOperating Income Guidance: 37,000 million yen (7.5% decrease from previous forecast)\nNet Income Attributable to Owners of Parent Guidance: 21,000 million yen (12.5% decrease from previous forecast)","jir_meta_title":"[Rengo] Downward Revision of Earnings Guidance for Fiscal Year Ending March 2026\uff5cImpairment Loss of 18.91 Billion Yen Recorded","jir_meta_description":"Rengo Co., Ltd. has revised downward its operating income guidance to 37,000 million yen and net income to 21,000 million yen for the fiscal year ending March 2026, reflecting an impairment loss of 18,910 million yen related to TriCo. Dividend forecast remains unchanged.","jir_og_title":"[Rengo] Downward Revision of Earnings Guidance for Fiscal Year Ending March 2026\uff5cImpairment Loss of 18.91 Billion Yen Recorded","jir_og_description":"Rengo Co., Ltd. has revised downward its earnings guidance for the fiscal year ending March 2026 due to the recognition of impairment loss related to TriCo. 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