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Revision to earnings forecasts3179Syuppin Co.,Ltd.Retail

Notice Regarding the Recognition of an Extraordinary Loss and Revision of Full-Year Earnings Forecasts

Full-year forecasts for the fiscal year ending March 2027 have been revised downward for both revenue and profit. A special loss of ¥359.228 million will be recorded in the cumulative second quarter for costs related to the new core system outage, while the dividend forecast remains unchanged at ¥40 per share.

Worth reading
79Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-67.7
%
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 12 May 2026
Net Sales55,098→49,486millions
-10.2%
Operating profit2,754→1,767millions
-35.8%
Ordinary income2,703→1,613millions
-40.3%
Profit attributable to owners of the parent1,851→598millions
-67.7%
Net income per share87.28→28.38yen/sen
-67.5%

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

Revenue was affected by restrictions on e-commerce site and store operations associated with the replacement of the core system, the closure of domestic online marketplaces, constraints on sales initiatives, and reduced sales opportunities in the camera business due to major manufacturers postponing the launch of new products. On the profit side, the decline in revenue from the camera business, costs for point-based promotions, fees for external specialists engaged in strengthening governance and responding to investigations related to harassment incidents, and higher personnel expenses associated with the new core system were among the factors affecting results.

Details and amount of extraordinary loss

System outage response costs (special loss): ¥359.228 million for the cumulative second quarter. ¥226.257 million was recorded in the first-quarter results.

Previous-period resultsRevenue: ¥51,924 million; operating profit: ¥2,537 million; ordinary profit: ¥2,491 million; net income: ¥1,685 million; basic earnings per share: ¥78.57 (fiscal year ended March 2026)
Dividend forecast revisionNo revision. The dividend remains unchanged at the originally forecast ¥40 per share.
Revised forecast
ItemDetails
Net Sales¥55,098 millions → ¥49,486 millions(-10.2%)
Operating profit¥2,754 millions → ¥1,767 millions(-35.8%)
Ordinary income¥2,703 millions → ¥1,613 millions(-40.3%)
Profit attributable to owners of the parent¥1,851 millions → ¥598 millions(-67.7%)
Net income per share87.28 yen/sen → 28.38 yen/sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast12 May 2026
Previous-period resultsRevenue: ¥51,924 million; operating profit: ¥2,537 million; ordinary profit: ¥2,491 million; net income: ¥1,685 million; basic earnings per share: ¥78.57 (fiscal year ended March 2026)
Reason for the revisionRevenue was affected by restrictions on e-commerce site and store operations associated with the replacement of the core system, the closure of domestic online marketplaces, constraints on sales initiatives, and reduced sales opportunities in the camera business due to major manufacturers postponing the launch of new products. On the profit side, the decline in revenue from the camera business, costs for point-based promotions, fees for external specialists engaged in strengthening governance and responding to investigations related to harassment incidents, and higher personnel expenses associated with the new core system were among the factors affecting results.
Details and amount of extraordinary lossSystem outage response costs (special loss): ¥359.228 million for the cumulative second quarter. ¥226.257 million was recorded in the first-quarter results.
Dividend forecast revisionNo revision. The dividend remains unchanged at the originally forecast ¥40 per share.
Items this document does not state (1)
Consolidated / 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 was pushed down by the temporary operating restrictions on the e-commerce site and stores associated with the replacement of the new core system, the closure of domestic online marketplaces, constraints on sales initiatives, and reduced sales opportunities in the camera business due to major manufacturers postponing the launch of new products. On the profit side, factors included the decline in revenue from the camera business, costs for point-based promotions to support sales of used products, fees for external specialists engaged in strengthening corporate governance and responding to investigations related to harassment incidents involving the previous management team, and higher personnel expenses in the information systems department to ensure stable operation of the new core system. A special loss was also recorded for system outage response costs, and additional costs are expected to arise going forward.

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Notice Regarding the Recognition of an Extraordinary Loss and Revision of Full-Year Earnings Forecasts | Syuppin Co.,Ltd. (3179) timely disclosure | Komori