Variance Between Full-Year Consolidated Earnings Forecast and Actual Results and Impairment Loss
The consolidated group of TORIDOLL Holdings Corporation, including subsidiary Fulham Shore
Store assets in the UK, Asia and Japan, particularly loss-making stores and goodwill in the UK
Inflation driven by rising prices for energy, food and other items remained high in the UK, while higher minimum wages increased personnel expenses, delaying the recovery in profitability compared with the initial assumptions.
Impairment loss: ¥11,408 million. Operating profit: ¥10,578 million. Profit for the year attributable to owners of the parent: ¥2,311 million.
Full fiscal year ending March 2026 (1 April 2025 to 31 March 2026)
The variance between the earnings forecast announced on 15 May 2025 and actual results is disclosed. No revision to a new earnings forecast is stated.
The Company will identify low-profitability assets at an early stage and promote the reallocation of resources to growth areas through portfolio optimization. It will also continue to assess the recoverability of investments in other areas and brands.
| Item | Details |
|---|---|
| Event name | Variance Between Full-Year Consolidated Earnings Forecast and Actual Results and Impairment Loss |
| Subject Entity | The consolidated group of TORIDOLL Holdings Corporation, including subsidiary Fulham Shore |
| Target Locations / Products | Store assets in the UK, Asia and Japan, particularly loss-making stores and goodwill in the UK |
| Cause | Inflation driven by rising prices for energy, food and other items remained high in the UK, while higher minimum wages increased personnel expenses, delaying the recovery in profitability compared with the initial assumptions. |
| Amount of Impact on Business Performance | Impairment loss: ¥11,408 million. Operating profit: ¥10,578 million. Profit for the year attributable to owners of the parent: ¥2,311 million. |
| Accounting period in which recognized | Full fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Impact on Earnings Forecast | The variance between the earnings forecast announced on 15 May 2025 and actual results is disclosed. No revision to a new earnings forecast is stated. |
| Outlook | The Company will identify low-profitability assets at an early stage and promote the reallocation of resources to growth areas through portfolio optimization. It will also continue to assess the recoverability of investments in other areas and brands. |
Items this document does not state (17)
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 UK eating-out environment was more challenging than expected against a backdrop of rising energy and food prices and increases in the minimum wage, delaying the recovery in profitability compared with the initial assumptions. Following a review of the future profitability of loss-making stores and goodwill, an impairment loss was recognized.