Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 14 November 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Sales performance at 株式会社かならぼ fell below the previous forecast due to deterioration in market conditions, while orders in the Brand Partner business declined. Adjusted EBITDA deteriorated due to lower sales, higher raw material and logistics costs, foreign exchange fluctuations, and inventory valuation losses. The revision to adjusted net income reflects the recognition of a gain on the sale of shares in an affiliated company, together with an impairment loss on goodwill and a loss related to business withdrawal.
Impairment loss on goodwill: ¥304 million; loss related to business withdrawal: ¥37 million
| Item | Details |
|---|---|
| Net Sales | ¥4,470 million → ¥4,100 million（-8.3%） |
| Operating profit | Not disclosed → ¥-439 million |
| Profit attributable to owners of the parent | ¥218 million → ¥334 million（+53.2%） |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 14 November 2025 |
| Previous-period results | Fiscal year ended March 2025: net sales of ¥2,986 million, operating profit of ¥88 million, adjusted EBITDA of ¥235 million, and adjusted net income of ¥159 million |
| Reason for the revision | Sales performance at 株式会社かならぼ fell below the previous forecast due to deterioration in market conditions, while orders in the Brand Partner business declined. Adjusted EBITDA deteriorated due to lower sales, higher raw material and logistics costs, foreign exchange fluctuations, and inventory valuation losses. The revision to adjusted net income reflects the recognition of a gain on the sale of shares in an affiliated company, together with an impairment loss on goodwill and a loss related to business withdrawal. |
| Details and amount of extraordinary loss | Impairment loss on goodwill: ¥304 million; loss related to business withdrawal: ¥37 million |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (3)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.At 株式会社かならぼ, sales performance fell below expectations due to intensifying competition in the retail market and changes in consumer trends. Orders in the Brand Partner business also declined as advertising and promotional expenses were curtailed and marketing activities were increasingly brought in-house. In addition, higher raw material and logistics costs, foreign exchange fluctuations, and inventory valuation losses weighed on earnings. On the other hand, adjusted net income is expected to exceed the forecast due to the recognition of a gain on the sale of shares in 株式会社ライスカレーLS as extraordinary income, together with the recognition of an impairment loss on goodwill related to RiLi and a loss related to business withdrawal.