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Revisions to earnings forecasts3521THERMAE-YU HOLDINGS CO.,LTD.Information and Communications, Services and Others

Notice Regarding Recognition of an Extraordinary Loss (Impairment Loss on Goodwill), Revision of Full-Year Consolidated Earnings Forecast, and Recognition of an Extraordinary Loss from Impairment of Shares in an Affiliated Company (Non-Consolidated Financial Results)

For the fiscal year ending March 2027 consolidated earnings forecast, net sales, operating income and ordinary income remain unchanged, while net income attributable to owners of the parent has been revised from a profit of ¥180 million to a loss of ¥50 million. The consolidated financial statements will recognize impairment losses on goodwill and other assets, while the separate financial statements will recognize a valuation loss on shares of affiliated companies as an extraordinary loss.

Worth reading
67In focus
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Direction
Deterioration
Direction inferred from the company’s description.
Scale
-230
¥ million
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 2 June 2026
Net Sales3,060→3,060million
0.0%
Operating profit320→320million
0.0%
Ordinary income320→320million
0.0%
Profit attributable to owners of the parent180→-50million
-127.8%
Net income per share6.81→-1.89yen and sen
-127.8%

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

A ¥173 million impairment loss on goodwill, a ¥12 million impairment loss on operating assets related to manufacturing equipment newly installed in Nagano Prefecture, and a ¥45 million increase due to the reassessment of corporate income taxes.

Details and amount of extraordinary loss

Consolidated: ¥173 million impairment loss on goodwill and ¥12 million impairment loss on operating assets related to manufacturing equipment newly installed in Nagano Prefecture. Separate: ¥207 million valuation loss on shares of affiliated companies.

Previous-period resultsFiscal year ending March 2026: net sales ¥2,694 million, operating income ¥306 million, ordinary income ¥307 million, net income attributable to owners of the parent ¥160 million, earnings per share ¥6.06
Consolidated / non-consolidatedConsolidated / non-consolidated (standalone)
Revised forecast
ItemDetails
Net Sales¥3,060 million → ¥3,060 million
Operating profit¥320 million → ¥320 million
Ordinary income¥320 million → ¥320 million
Profit attributable to owners of the parent¥180 million → ¥-50 million
Net income per share6.81 yen and sen → -1.89 yen and sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast2 June 2026
Previous-period resultsFiscal year ending March 2026: net sales ¥2,694 million, operating income ¥306 million, ordinary income ¥307 million, net income attributable to owners of the parent ¥160 million, earnings per share ¥6.06
Reason for the revisionA ¥173 million impairment loss on goodwill, a ¥12 million impairment loss on operating assets related to manufacturing equipment newly installed in Nagano Prefecture, and a ¥45 million increase due to the reassessment of corporate income taxes.
Details and amount of extraordinary lossConsolidated: ¥173 million impairment loss on goodwill and ¥12 million impairment loss on operating assets related to manufacturing equipment newly installed in Nagano Prefecture. Separate: ¥207 million valuation loss on shares of affiliated companies.
Consolidated / non-consolidatedConsolidated / non-consolidated (standalone)
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.

The reasons are a ¥173 million impairment loss on goodwill, a ¥12 million impairment loss on operating assets related to manufacturing equipment newly installed in Nagano Prefecture, and a ¥45 million increase due to the reassessment of corporate income taxes. In the separate financial statements, a ¥207 million valuation loss on shares of affiliated companies will be recognized due to a decline in the net asset value of 青柳食品販売株式会社.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Recognition of an Extraordinary Loss (Impairment Loss on Goodwill), Revision of Full-Year Consolidated Earnings Forecast, and Recognition of an Extraordinary Loss from Impairment of Shares in an Affiliated Company (Non-Consolidated Financial Results) | THERMAE-YU HOLDINGS CO.,LTD. (3521) timely disclosure | Komori