Komori
Revision of earnings forecasts365AIZAWA TOWEL CO.,LTD.Materials and Chemicals

Notice Regarding the Publication of Consolidated Earnings Forecasts in Connection with the Transition to Consolidated Financial Statements

From the second quarter of the fiscal year ending February 2027, the US and Hong Kong subsidiaries that had previously been unconsolidated will be included in the scope of consolidation. Accordingly, the basis for the earnings forecast for the fiscal year ending February 2027 has been changed from a standalone basis to a consolidated basis.

Worth reading
76Important
Scored from 3 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
—
Displayed only when the document provides numerical figures.
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending February 2027 · Full year
Reason for the revision

The US and Hong Kong subsidiaries, which had previously been excluded from consolidation because they were not quantitatively or qualitatively material, will be included in the scope of consolidation from the second quarter of the fiscal year ending February 2027. This review of the scope of consolidation also forms part of efforts to establish an accounting infrastructure across the group in preparation for voluntary adoption of IFRS from the fiscal year ending February 2029.

Consolidated / non-consolidatedConsolidated / non-consolidated (standalone)
Revised forecast
ItemDetails
Fiscal Period CoveredFiscal year ending February 2027
Period CoveredFull year
Reason for the revisionThe US and Hong Kong subsidiaries, which had previously been excluded from consolidation because they were not quantitatively or qualitatively material, will be included in the scope of consolidation from the second quarter of the fiscal year ending February 2027. This review of the scope of consolidation also forms part of efforts to establish an accounting infrastructure across the group in preparation for voluntary adoption of IFRS from the fiscal year ending February 2029.
Consolidated / non-consolidatedConsolidated / non-consolidated (standalone)
Items this document does not state (9)
Net SalesOperating profitOrdinary incomeProfit attributable to owners of the parentNet income per sharePublication date of previous forecastPrevious-period resultsDetails 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.

The subsidiaries concerned had previously been excluded from consolidation because they were not quantitatively or qualitatively material, but they will now be included in the scope of consolidation. The company also explained that this forms part of efforts to establish an accounting infrastructure across the group in preparation for voluntary adoption of IFRS from the fiscal year ending February 2029.

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 the Publication of Consolidated Earnings Forecasts in Connection with the Transition to Consolidated Financial Statements | IZAWA TOWEL CO.,LTD. (365A) timely disclosure | Komori