Komori
Revision to earnings forecasts3641PAPYLESS CO.,LTD.Information and Communications, Services and Others

Notice Regarding Differences Between the First-Half Consolidated Earnings Forecast and Actual Results and Revisions to the Full-Year Consolidated Earnings Forecast

In the first half of the fiscal year ending March 2027, both revenue and profit were below the previous forecast, and the company posted losses from operating profit downward. The full-year revenue and profit forecasts were also substantially revised downward to reflect, among other factors, the suspension of the Renta! service following unauthorized access.

Worth reading
58In focus
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
-18.8
%
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 15 May 2026
Net SalesInterim period7,647→7,349million
-3.9%
Net SalesFull year15,328→12,446million
-18.8%
Operating profitInterim period114→-147million
-228.9%
Operating profitFull year334→-500million
-249.7%
Ordinary incomeInterim period142→-114million
-180.3%
Ordinary incomeFull year391→-437million
-211.8%
Profit attributable to owners of the parentInterim period1→-209million
-21,000.0%
Profit attributable to owners of the parentFull year127→-480million
-478.0%
Net income per shareInterim period0.17→-24.76yen/sen
-14,664.7%
Net income per shareFull year14.72→-61.71yen/sen
-519.2%

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

The revisions reflect more cautious consumer spending resulting from consumers' stronger preference for saving against a backdrop of rising prices and other factors, the failure of advertising measures to reach the expected level, the suspension of the Renta! service following unauthorized access from outside the company, and the period until the service is fully restored, the impact on existing users, and the decline in consumer spending.

Previous-period resultsResults for the same interim period of the previous fiscal year: revenue ¥7,457 million, operating profit ¥154 million, ordinary profit ¥200 million, interim net income attributable to owners of the parent ¥63 million, and interim earnings per share ¥7.39. Results for the previous fiscal year: revenue ¥14,740 million, operating profit ¥127 million, ordinary profit ¥481 million, net loss attributable to owners of the parent ¥4 million, and earnings per share -¥0.48.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesInterim period 7,647 / Full year 15,328 → Interim period 7,349 / Full year 12,446(Interim period -3.9 / Full year -18.8)
Operating profitInterim period 114 / Full year 334 → Interim period -147 / Full year -500
Ordinary incomeInterim period 142 / Full year 391 → Interim period -114 / Full year -437
Profit attributable to owners of the parentInterim period 1 / Full year 127 → Interim period -209 / Full year -480
Net income per shareInterim period 0.17 / Full year 14.72 → Interim period -24.76 / Full year -61.71
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredSecond quarter (interim period) and full year
Publication date of previous forecast15 May 2026
Previous-period resultsResults for the same interim period of the previous fiscal year: revenue ¥7,457 million, operating profit ¥154 million, ordinary profit ¥200 million, interim net income attributable to owners of the parent ¥63 million, and interim earnings per share ¥7.39. Results for the previous fiscal year: revenue ¥14,740 million, operating profit ¥127 million, ordinary profit ¥481 million, net loss attributable to owners of the parent ¥4 million, and earnings per share -¥0.48.
Reason for the revisionThe revisions reflect more cautious consumer spending resulting from consumers' stronger preference for saving against a backdrop of rising prices and other factors, the failure of advertising measures to reach the expected level, the suspension of the Renta! service following unauthorized access from outside the company, and the period until the service is fully restored, the impact on existing users, and the decline in consumer spending.
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.

Rising prices and other factors strengthened consumers' preference for saving, making them more cautious in their spending and causing revenue to fall below plan. The impact of advertising measures also fell short of expectations. In addition, Renta! was suspended in response to unauthorized access from outside the company in October 2026. The company expects revenue to be nil during the suspension and to be adversely affected during the period until the service is fully restored, as well as by the impact on existing users and the decline in consumer spending.

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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 Differences Between the First-Half Consolidated Earnings Forecast and Actual Results and Revisions to the Full-Year Consolidated Earnings Forecast | PAPYLESS CO.,LTD. (3641) timely disclosure | Komori