Komori
Revision of earnings forecasts2693YKT CORPORATIONTrading & Wholesale

Notice Regarding the Recording of an Extraordinary Loss (Provision for Doubtful Accounts) and Revisions to Earnings Forecasts

The consolidated earnings forecasts for the interim period and full fiscal year ending December 2026 have been revised. Revenue, operating income and ordinary income have been revised upward due mainly to increased export sales, while the forecast for full-year net income has been reduced because of an extraordinary loss of ¥124 million from the provision for allowance for doubtful accounts.

Worth reading
79Important
Scored from 4 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
124
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending December 2026 · Second quarter (interim period) and full yearPrevious forecast published 13 February 2026
Net SalesSecond quarter (interim period)6,400→8,900million
+39.1%
Net SalesFull year13,500→16,000million
+18.5%
Operating profitSecond quarter (interim period)20→130million
+550.0%
Operating profitFull year190→200million
+5.3%
Ordinary incomeSecond quarter (interim period)60→270million
+350.0%
Ordinary incomeFull year280→300million
+7.1%
Profit attributable to owners of the parentSecond quarter (interim period)25→35million
+40.0%
Profit attributable to owners of the parentFull year170→50million
-70.6%
Net income per shareSecond quarter (interim period)2.15→3.02yen and sen
+40.5%
Net income per shareFull year14.6→4.31yen and sen
-70.5%

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

Export sales of electronic equipment are expected to exceed the previous forecast for the interim period. For the full fiscal year, revenue is expected to increase based on the order status at this time, while a decline in the gross profit margin due to the higher proportion of export sales and increases in exhibition-related expenses and other costs are expected. In addition, because the prospects for collecting advances paid have become unclear, an extraordinary loss of ¥124 million from the provision for allowance for doubtful accounts will be additionally recognized.

Details and amount of extraordinary loss

Additional recognition of an extraordinary loss of ¥124 million (provision for allowance for doubtful accounts)

Previous-period resultsInterim period Net Sales 4,300 / Operating profit -299 / Ordinary income -238 / Interim net income attributable to owners of the parent -228 / Interim net income per share -19.72 / Full year Net Sales 13,386 / Operating profit -199 / Ordinary income -45 / Profit attributable to owners of the parent 55 / Net income per share 4.80
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesSecond quarter (interim period) 6,400 / Full year 13,500 → Second quarter (interim period) 8,900 / Full year 16,000(Second quarter (interim period) 39.1 / Full year 18.5)
Operating profitSecond quarter (interim period) 20 / Full year 190 → Second quarter (interim period) 130 / Full year 200(Second quarter (interim period) 550 / Full year 5.3)
Ordinary incomeSecond quarter (interim period) 60 / Full year 280 → Second quarter (interim period) 270 / Full year 300(Second quarter (interim period) 350 / Full year 7.1)
Profit attributable to owners of the parentSecond quarter (interim period) 25 / Full year 170 → Second quarter (interim period) 35 / Full year 50(Second quarter (interim period) 40 / Full year -70.6)
Net income per shareSecond quarter (interim period) 2.15 / Full year 14.60 → Second quarter (interim period) 3.02 / Full year 4.31
Fiscal Period CoveredFiscal year ending December 2026
Period CoveredSecond quarter (interim period) and full year
Publication date of previous forecast13 February 2026
Previous-period resultsInterim period Net Sales 4,300 / Operating profit -299 / Ordinary income -238 / Interim net income attributable to owners of the parent -228 / Interim net income per share -19.72 / Full year Net Sales 13,386 / Operating profit -199 / Ordinary income -45 / Profit attributable to owners of the parent 55 / Net income per share 4.80
Reason for the revisionExport sales of electronic equipment are expected to exceed the previous forecast for the interim period. For the full fiscal year, revenue is expected to increase based on the order status at this time, while a decline in the gross profit margin due to the higher proportion of export sales and increases in exhibition-related expenses and other costs are expected. In addition, because the prospects for collecting advances paid have become unclear, an extraordinary loss of ¥124 million from the provision for allowance for doubtful accounts will be additionally recognized.
Details and amount of extraordinary lossAdditional recognition of an extraordinary loss of ¥124 million (provision for allowance for doubtful accounts)
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.

For the interim period, revenue, operating income and ordinary income are expected to increase as export sales of electronic equipment are expected to exceed the previous forecast. For the full fiscal year, revenue is expected to increase based on the order status at this time, while increases in operating income and ordinary income are expected to be limited due to a decline in the gross profit margin resulting from the higher proportion of export sales and increases in exhibition-related expenses and other costs. Net income is expected to decline because of an extraordinary loss of ¥124 million from the provision for allowance for doubtful accounts.

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 (Provision for Doubtful Accounts) and Revisions to Earnings Forecasts | YKT CORPORATION (2693) timely disclosure | Komori