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Revision of earnings forecasts2435CEDAR.Co.,LtdInformation and Communications, Services and Others

Notice Regarding the Recording of an Extraordinary Loss and Revisions to Earnings Forecasts

The full-year consolidated earnings forecast for the fiscal year ending March 2024 was revised, with revenue lowered slightly, operating profit and ordinary profit raised, and net income attributable to owners of the parent lowered. The main reason for the reductions was the expected recognition of ¥246 million in impairment losses on fixed assets relating to certain nursing care facilities.

Worth reading
72In focus
Scored from 4 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-33.6
%
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ended March 2024 · Full yearPrevious forecast published 2023年5月12日
Net Sales17,323→17,304million
-0.1%
Operating profit758→767million
+1.2%
Ordinary income508→646million
+27.0%
Profit attributable to owners of the parent306→203million
-33.6%
Net income per share27.27→18.12yen and sen
-33.6%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

売上高は概ね計画通り。経常利益は補助金収入が当初計画を上回り、親会社株主に帰属する当期純利益は固定資産の減損損失を特別損失に計上するため前回予想を下回る見通し。

Details and amount of extraordinary loss

固定資産の減損損失246百万円

Previous-period results2023年3月期:売上高16,442百万円、営業利益136百万円、経常利益24百万円、親会社株主に帰属する当期純利益△276百万円、1株当たり当期純利益△24.66円 銭
Dividend forecast revision修正なし(1株当たり4円)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥17,323 million → ¥17,304 million(-0.1%)
Operating profit¥758 million → ¥767 million(+1.2%)
Ordinary income¥508 million → ¥646 million(+27.0%)
Profit attributable to owners of the parent¥306 million → ¥203 million(-33.6%)
Net income per share27.27 yen and sen → 18.12 yen and sen
Fiscal Period CoveredFiscal year ended March 2024
Period CoveredFull year
Publication date of previous forecast2023年5月12日
Previous-period results2023年3月期:売上高16,442百万円、営業利益136百万円、経常利益24百万円、親会社株主に帰属する当期純利益△276百万円、1株当たり当期純利益△24.66円 銭
Reason for the revision売上高は概ね計画通り。経常利益は補助金収入が当初計画を上回り、親会社株主に帰属する当期純利益は固定資産の減損損失を特別損失に計上するため前回予想を下回る見通し。
Details and amount of extraordinary loss固定資産の減損損失246百万円
Dividend forecast revision修正なし(1株当たり4円)
Consolidated / non-consolidatedConsolidated

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

売上高は概ね計画通りに推移した。経常利益は補助金収入が当初計画を上回ったため増額し、親会社株主に帰属する当期純利益は固定資産の減損損失246百万円を特別損失に計上するため減額した。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Recording of an Extraordinary Loss and Revisions to Earnings Forecasts | CEDAR.Co.,Ltd (2435) timely disclosure | Komori