Revision to Full-Year Earnings Forecast and Year-End Dividend Forecast and Recognition of an Extraordinary Loss
TAKACHIHO KOHEKI CO.,LTD.
Investment securities held by the Company (name of investee not disclosed)
The actual value declined significantly compared with the acquisition cost due to deterioration in the performance of the investee.
The Company expects to record a ¥337 million valuation loss on investment securities as an extraordinary loss.
Fiscal year ending March 2026 (1 April 2025 to 31 March 2026)
The forecasts have been revised to net sales of ¥30,000 million, operating profit of ¥2,200 million, ordinary profit of ¥2,400 million, net income attributable to owners of the parent of ¥1,400 million, and earnings per share of ¥75.05. The year-end dividend forecast has been revised to ¥40.5 per share and the full-year dividend forecast to ¥75.0 per share.
Company response
The Company will continue investigating the causes and details of the investee's deteriorating performance and circumstances, in consultation with external experts.
The Company will continue investigating the causes and details of the investee's deteriorating performance and circumstances and will take appropriate action in consultation with external experts. At the earnings announcement scheduled for 12 May 2026, the Company plans to recalculate the dividend based on finalized net income using a 100% payout ratio and determine the final dividend amount. The earnings forecast may be affected by foreign exchange movements.
At the earnings announcement scheduled for 12 May 2026, the Company plans to determine the final dividend amount based on finalized net income.
| Item | Details |
|---|---|
| Event name | Revision to Full-Year Earnings Forecast and Year-End Dividend Forecast and Recognition of an Extraordinary Loss |
| Date of occurrence | 19 March 2026 (date of board resolution) |
| Subject Entity | TAKACHIHO KOHEKI CO.,LTD. |
| Target Locations / Products | Investment securities held by the Company (name of investee not disclosed) |
| Cause | The actual value declined significantly compared with the acquisition cost due to deterioration in the performance of the investee. |
| Amount of Impact on Business Performance | The Company expects to record a ¥337 million valuation loss on investment securities as an extraordinary loss. |
| Accounting period in which recognized | Fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Impact on Earnings Forecast | The forecasts have been revised to net sales of ¥30,000 million, operating profit of ¥2,200 million, ordinary profit of ¥2,400 million, net income attributable to owners of the parent of ¥1,400 million, and earnings per share of ¥75.05. The year-end dividend forecast has been revised to ¥40.5 per share and the full-year dividend forecast to ¥75.0 per share. |
| Investigation structure | The Company will continue investigating the causes and details of the investee's deteriorating performance and circumstances, in consultation with external experts. |
| Outlook | The Company will continue investigating the causes and details of the investee's deteriorating performance and circumstances and will take appropriate action in consultation with external experts. At the earnings announcement scheduled for 12 May 2026, the Company plans to recalculate the dividend based on finalized net income using a 100% payout ratio and determine the final dividend amount. The earnings forecast may be affected by foreign exchange movements. |
| Planned follow-up disclosure | At the earnings announcement scheduled for 12 May 2026, the Company plans to determine the final dividend amount based on finalized net income. |
Items this document does not state (14)
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.Ordinary profit is expected to increase due to anticipated foreign exchange gains amid the weaker yen and gains on the sale of investments following the exit of an investee of a venture capital fund in which the Company has invested. However, as the actual value of investment securities declined significantly due to deterioration in the performance of investees, the Company expects to record a ¥337 million valuation loss as an extraordinary loss. As a result, net income attributable to owners of the parent is expected to fall below the previous forecast, and the dividend forecast has been revised.