Komori
Revision of earnings forecasts2666AUTOWAVE Co.,Ltd.Retail

Notice Regarding the Recognition of Deferred Tax Assets and Differences Between Full-Year Earnings Forecasts and Actual Results

Actual results for the fiscal year ending March 2026 were disclosed in comparison with the full-year forecast announced on 9 May 2025. Revenue exceeded the forecast, while operating profit fell short, but net income significantly exceeded the forecast due to the recognition of deferred tax assets.

Worth reading
63In focus
Scored from 4 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
164
Millions of yen (income tax adjustment (benefit))
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 9 May 2025
Net Sales9,571→9,835million
+2.8%
Operating profit342→318million
-7.0%
Ordinary income458→458million
0.0%
Profit attributable to owners of the parent285→441million
+54.7%
Net income per share19.76→30.56yen and sen
+54.7%

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

Revenue, operating profit and ordinary profit were generally in line with the plan. Net income significantly exceeded the earnings forecast due to the increased recoverability of deferred tax assets and the recognition of an income tax adjustment (benefit) of ¥164 million, among other factors.

Previous-period resultsNet Sales 8,871 million yen / Operating profit 274 million yen / Ordinary income 411 million yen / Net income for the current fiscal year 268 million yen / Net income per share 18.60 yen and sen / Fiscal Period Covered Fiscal year ended March 2025
Revised forecast
ItemDetails
Net Sales¥9,571 million → ¥9,835 million(+2.8%)
Operating profit¥342 million → ¥318 million(-7.0%)
Ordinary income¥458 million → ¥458 million(0.0%)
Profit attributable to owners of the parent¥285 million → ¥441 million(+54.7%)
Net income per share19.76 yen and sen → 30.56 yen and sen
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast9 May 2025
Previous-period resultsNet Sales 8,871 million yen / Operating profit 274 million yen / Ordinary income 411 million yen / Net income for the current fiscal year 268 million yen / Net income per share 18.60 yen and sen / Fiscal Period Covered Fiscal year ended March 2025
Reason for the revisionRevenue, operating profit and ordinary profit were generally in line with the plan. Net income significantly exceeded the earnings forecast due to the increased recoverability of deferred tax assets and the recognition of an income tax adjustment (benefit) of ¥164 million, among other factors.
Items this document does not state (3)
Details and amount of extraordinary lossDividend forecast revisionConsolidated / non-consolidated

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.

Revenue, operating profit and ordinary profit were generally in line with the plan. Net income significantly exceeded the forecast due to the increased recoverability of deferred tax assets and the recognition of an income tax adjustment (benefit) of ¥164 million, among other factors.

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 Recognition of Deferred Tax Assets and Differences Between Full-Year Earnings Forecasts and Actual Results | AUTOWAVE Co.,Ltd. (2666) timely disclosure | Komori