Komori
Revision of earnings forecasts2440Gurunavi,Inc.Information and Communications, Services and Others

Notice Regarding the Recording of an Extraordinary Loss (Impairment Loss) and the Difference Between the Full-Year Earnings Forecast and Actual Results for the Fiscal Year Ending March 2026

For the fiscal year ending March 2026, consolidated full-year actual results were below forecast for net sales, while operating income, ordinary income and net income attributable to owners of the parent exceeded forecast. The Company also recognized an impairment loss of ¥234 million on fixed assets related to the store development business and other operations.

Worth reading
69In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
75.7
% (variance rate for ordinary income)
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 9 May 2025
Net Sales14,900→14,132million
-5.1%
Operating profit300→400million
+33.6%
Ordinary income210→368million
+75.7%
Profit attributable to owners of the parent234→236million
+0.9%
Net income per share4.15→4.18yen and sen
+0.7%

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

The Company decided not to accept orders for new projects in the store development business in order to improve future profitability, promotional sales for “LIVE JAPAN” fell short of expectations, company-wide expense control was strengthened, and an impairment loss was recognized, among other factors.

Details and amount of extraordinary loss

Impairment loss of ¥234 million on fixed assets related to certain facilities and other assets operated in the store development business and other operations

Previous-period resultsNet sales: ¥13,458 million; operating income: ¥262 million; ordinary income: ¥261 million; net income attributable to owners of the parent: ¥211 million; net income per share: ¥2.00
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥14,900 million → ¥14,132 million(-5.1%)
Operating profit¥300 million → ¥400 million(+33.6%)
Ordinary income¥210 million → ¥368 million(+75.7%)
Profit attributable to owners of the parent¥234 million → ¥236 million(+0.9%)
Net income per share4.15 yen and sen → 4.18 yen and sen
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast9 May 2025
Previous-period resultsNet sales: ¥13,458 million; operating income: ¥262 million; ordinary income: ¥261 million; net income attributable to owners of the parent: ¥211 million; net income per share: ¥2.00
Reason for the revisionThe Company decided not to accept orders for new projects in the store development business in order to improve future profitability, promotional sales for “LIVE JAPAN” fell short of expectations, company-wide expense control was strengthened, and an impairment loss was recognized, among other factors.
Details and amount of extraordinary lossImpairment loss of ¥234 million on fixed assets related to certain facilities and other assets operated in the store development business and other operations
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Dividend forecast revision

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.

Net sales were below forecast because the Company decided not to accept orders for new projects in the store development business in order to improve future profitability, and because promotional sales for “LIVE JAPAN” fell short of expectations. Operating income and ordinary income exceeded forecast due to thorough company-wide expense control, while net income exceeded forecast despite the recognition of an impairment loss.

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 (Impairment Loss) and the Difference Between the Full-Year Earnings Forecast and Actual Results for the Fiscal Year Ending March 2026 | Gurunavi,Inc. (2440) timely disclosure | Komori