Recognition of Extraordinary Income (Gain on Sale of Investment Securities), Extraordinary Loss (Business Structure Improvement Costs), and Revision of Earnings Forecasts
Tokai Senko K.K. (the filing company) and its overseas subsidiaries
1 listed security held by the company and sample processing equipment
Reduction of policy-held shares and more efficient asset management. Costs related to the transfer of sample processing equipment. The revision of the earnings forecasts reflects the recognition of foreign exchange gains at an overseas subsidiary.
Gain on sale of investment securities: ¥110 million (extraordinary income); business structure improvement costs: ¥72 million (extraordinary loss)
First quarter of the fiscal year ending March 2027
The consolidated earnings forecasts for the second quarter (interim period) and the full fiscal year ending March 2027 have been revised. For the interim period, ordinary profit has been revised upward from ¥120 million to ¥180 million, and interim net income attributable to owners of the parent has been revised upward from a loss of ¥80 million to income of ¥50 million. For the full fiscal year, ordinary profit has been revised upward from ¥600 million to ¥650 million, and net income attributable to owners of the parent has been revised upward from ¥150 million to ¥250 million.
The sale of the security has been completed in full, and a gain on sale of investment securities of ¥110 million and business structure improvement costs of ¥72 million will be recognized in the first quarter of the fiscal year ending March 2027.
| Item | Details |
|---|---|
| Event name | Recognition of Extraordinary Income (Gain on Sale of Investment Securities), Extraordinary Loss (Business Structure Improvement Costs), and Revision of Earnings Forecasts |
| Subject Entity | Tokai Senko K.K. (the filing company) and its overseas subsidiaries |
| Target Locations / Products | 1 listed security held by the company and sample processing equipment |
| Cause | Reduction of policy-held shares and more efficient asset management. Costs related to the transfer of sample processing equipment. The revision of the earnings forecasts reflects the recognition of foreign exchange gains at an overseas subsidiary. |
| Amount of Impact on Business Performance | Gain on sale of investment securities: ¥110 million (extraordinary income); business structure improvement costs: ¥72 million (extraordinary loss) |
| Accounting period in which recognized | First quarter of the fiscal year ending March 2027 |
| Impact on Earnings Forecast | The consolidated earnings forecasts for the second quarter (interim period) and the full fiscal year ending March 2027 have been revised. For the interim period, ordinary profit has been revised upward from ¥120 million to ¥180 million, and interim net income attributable to owners of the parent has been revised upward from a loss of ¥80 million to income of ¥50 million. For the full fiscal year, ordinary profit has been revised upward from ¥600 million to ¥650 million, and net income attributable to owners of the parent has been revised upward from ¥150 million to ¥250 million. |
| Outlook | The sale of the security has been completed in full, and a gain on sale of investment securities of ¥110 million and business structure improvement costs of ¥72 million will be recognized in the first quarter of the fiscal year ending March 2027. |
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 company sold the shares it held to reduce its policy-held shares and manage its assets more efficiently. The upward revision to the earnings forecasts reflects the recognition of foreign exchange gains at an overseas subsidiary, the gain on sale of investment securities, and business structure improvement costs.