An impairment loss of 22,957 million yen was recorded in the fiscal year ending March 2026. Net sales amounted to 64,735 million yen (4.2% decrease from prior forecast), and net income attributable to owners of the parent was a significant loss of \u25b314,317 million yen.<\/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":"2175","jir_company_name":"SMS Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-28","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/2175-20260428-04.pdf","jir_short_summary":"An impairment loss of 22,957 million yen was recorded in the fiscal year ending March 2026. Net sales amounted to 64,735 million yen (4.2% decrease from prior forecast), and net income attributable to owners of the parent was a significant loss of \u25b314,317 million yen.","jir_summary":"### Overview of Impairment Loss Recognition and Earnings Differences\nIn the fiscal year ending March 2026, due to deteriorating order conditions in the overseas medical platform business and the impact of Middle East geopolitical conditions, an impairment test was conducted, resulting in a consolidated impairment loss of 22,957 million yen recorded as a special loss. The breakdown includes trademarks of 13,041 million yen and goodwill of 8,649 million yen, among others. Additionally, an equity-method investment loss of 29,667 million yen was recorded in the individual financial statements. Due to these factors, net sales were 64,735 million yen (4.2% decrease from prior forecast), operating income was 6,787 million yen (6.9% decrease), ordinary income was 8,721 million yen (7.9% decrease), and net income attributable to owners of the parent resulted in a significant deficit.\n\n### Outlook and Dividend Policy\nFollowing the recognition of the impairment loss, amortization expenses on intangible fixed assets are expected to decrease by approximately 1.5 billion yen annually from the fiscal year ending March 2027 onward. The overseas business is under fundamental restructuring, including revisiting growth potential and profitability, as well as considering alliances and external capital utilization. However, since the impairment loss is a non-cash accounting charge, the dividend for the fiscal year ending March 2026 remains unchanged at 29.5 yen per share.","jir_financial_highlights":"Net Sales: 64,735 million yen (4.2% decrease from prior forecast)\nOperating Income: 6,787 million yen (6.9% decrease from prior forecast)\nOrdinary Income: 8,721 million yen (7.9% decrease from prior forecast)\nNet Income Attributable to Owners of Parent: \u25b314,317 million yen (Significant decrease from prior forecast)\nImpairment Loss (Consolidated): 22,957 million yen (Special loss recorded)\nEquity-Method Investment Loss (Individual): 29,667 million yen (Special loss recorded (no impact on consolidated results))\nNet Income per Share: \u25b3173.66 yen (Significant decrease from prior forecast of 82.39 yen)","jir_category":"","jir_hashtags":"#SMSCoLtd, #financial_summary, #JapaneseStocks","jir_key_figures":"Impairment Loss (Consolidated): 22,957 million yen (Special loss recorded)\nEquity-Method Investment Loss (Individual): 29,667 million yen (Special loss recorded, no consolidated impact)\nNet Income Attributable to Owners of Parent: \u25b314,317 million yen (Significant decrease from prior forecast of 7,029 million yen)","jir_meta_title":"SMS Co., Ltd. Fiscal Year Ending March 2026 Financial Results | Recorded 22,957 Million Yen Impairment Loss Resulting in Significant Deficit","jir_meta_description":"SMS Co., Ltd. recorded an impairment loss of 22,957 million yen in the fiscal year ending March 2026. Net sales reached 64,735 million yen, and net income attributable to owners of the parent was a loss of \u25b314,317 million yen. Dividend remains at 29.5 yen per share.","jir_og_title":"SMS Co., Ltd. Fiscal Year Ending March 2026 Financial Results | Recorded 22,957 Million Yen Impairment Loss Resulting in Significant Deficit","jir_og_description":"Fiscal year ending March 2026 financial results for SMS Co., Ltd. Significant net loss due to impairment loss of 22,957 million yen. 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