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Revision of earnings forecasts3498Kasumigaseki Capital Co.,Ltd.Real Estate

Notice Regarding Upward Revision to Earnings Forecasts

The full-year revenue forecast for the fiscal year ending August 2021 has been increased by ¥1,700 million (13.6%). Forecasts for operating profit, ordinary profit, profit attributable to owners of the parent, and earnings per share remain unchanged.

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Improvement
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Scale
1700
¥ million
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending August 2021 · Full yearPrevious forecast published 2 July 2021
Net Sales12,500→14,200million
+13.6%
Operating profit1,250→1,250million
0.0%
Ordinary income1,100→1,100million
0.0%
Profit attributable to owners of the parent770→770million
0.0%
Net income per share235.84→235.84yen and sen
0.0%

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 is expected to exceed the previous forecast due to the favorable progress in the sale of land for logistics facility development, among other factors. In the real estate consulting business, projects shifted from development consulting projects to projects involving the sale of land for development. Although the change in sales mix will affect profit margins, operating profit, ordinary profit, and profit attributable to owners of the parent remain unchanged.

Previous-period resultsFiscal year ended August 2020: revenue of ¥8,008 million, operating profit of ¥326 million, ordinary profit of ¥180 million, profit attributable to owners of the parent of ¥134 million, and earnings per share of ¥43.48
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥12,500 million → ¥14,200 million(+13.6%)
Operating profit¥1,250 million → ¥1,250 million(0.0%)
Ordinary income¥1,100 million → ¥1,100 million(0.0%)
Profit attributable to owners of the parent¥770 million → ¥770 million(0.0%)
Net income per share235.84 yen and sen → 235.84 yen and sen
Fiscal Period CoveredFiscal year ending August 2021
Period CoveredFull year
Publication date of previous forecast2 July 2021
Previous-period resultsFiscal year ended August 2020: revenue of ¥8,008 million, operating profit of ¥326 million, ordinary profit of ¥180 million, profit attributable to owners of the parent of ¥134 million, and earnings per share of ¥43.48
Reason for the revisionRevenue is expected to exceed the previous forecast due to the favorable progress in the sale of land for logistics facility development, among other factors. In the real estate consulting business, projects shifted from development consulting projects to projects involving the sale of land for development. Although the change in sales mix will affect profit margins, operating profit, ordinary profit, and profit attributable to owners of the parent remain unchanged.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend 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.

In addition to the favorable progress in the sale of land for logistics facility development, the real estate consulting business saw projects shift from development consulting projects to projects involving the sale of land for development. Although the change in sales mix will affect profit margins, the profit forecasts remain unchanged.

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 Upward Revision to Earnings Forecasts | Kasumigaseki Capital Co.,Ltd. (3498) timely disclosure | Komori