Revised forecast
Fiscal year ending May 2026 · Full yearPrevious forecast published 13 January 2026The 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.
A decline in the sales mix of the higher-margin direct marketing business, an increase in the sales mix of the lower-margin sales marketing business, and a higher cost ratio in the third quarter, with the increase expected to continue in the fourth quarter, resulted in a decrease in gross profit. In addition, the Company recorded a ¥24 million loss on valuation of shares of affiliated companies and a ¥14 million impairment loss on fixed assets, as well as a ¥230 million gain in the adjustment to income taxes related to deferred tax assets following completion of the group reorganization.
¥24 million loss on valuation of shares of affiliated companies; ¥14 million impairment loss on fixed assets
| Item | Details |
|---|---|
| Net Sales | 14,700 Millions of yen → 14,700 Millions of yen |
| Operating profit | 350 Millions of yen → 260 Millions of yen（-25.7%） |
| Ordinary income | 330 Millions of yen → 230 Millions of yen（-30.3%） |
| Profit attributable to owners of the parent | 200 Millions of yen → 280 Millions of yen（+40.0%） |
| Net income per share | 26.48 yen and sen → 37.07 yen and sen |
| Fiscal Period Covered | Fiscal year ending May 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 13 January 2026 |
| Previous-period results | Revenue: ¥15,211 million; operating income: ¥425 million; ordinary income: ¥416 million; net income attributable to owners of the parent: ¥321 million; net income per share: ¥42.35 |
| Reason for the revision | A decline in the sales mix of the higher-margin direct marketing business, an increase in the sales mix of the lower-margin sales marketing business, and a higher cost ratio in the third quarter, with the increase expected to continue in the fourth quarter, resulted in a decrease in gross profit. In addition, the Company recorded a ¥24 million loss on valuation of shares of affiliated companies and a ¥14 million impairment loss on fixed assets, as well as a ¥230 million gain in the adjustment to income taxes related to deferred tax assets following completion of the group reorganization. |
| Details and amount of extraordinary loss | ¥24 million loss on valuation of shares of affiliated companies; ¥14 million impairment loss on fixed assets |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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.The sales mix shifted away from the higher-margin direct marketing business toward the lower-margin sales marketing business, causing the cost ratio, particularly in the third quarter, to rise by approximately 2 percentage points above plan. In addition, the Company recorded a ¥24 million loss on valuation of shares of affiliated companies and a ¥14 million impairment loss on fixed assets, while recording a ¥230 million gain in the adjustment to income taxes related to deferred tax assets following completion of the group reorganization.