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Revisions to earnings forecasts3928Mynet Inc.Information and Communications, Services and Others

Notice of Revision to Full-Year Consolidated Earnings Forecasts and Recognition of an Extraordinary Loss, with Supplementary Materials

The full-year consolidated earnings forecast for the fiscal year ending December 2026 was revised downward. Net sales were changed from ¥9,000 million to ¥8,010 million, while operating income, ordinary income and net income were changed from forecasts of profit to forecasts of loss. In addition, an impairment loss of ¥67 million was recognized for a product whose development had been discontinued.

Worth reading
69In 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
-11
% (change in net sales)
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending December 2026 · Full yearPrevious forecast published 13 February 2026
Net Sales9,000→8,010Millions of yen
-11.0%
Operating profit390→-220Millions of yen
-156.4%
Ordinary income345→-260Millions of yen
-175.4%
Profit attributable to owners of the parent285→-330Millions of yen
-215.8%
Net income per share31.54→-36.52/ sen
-215.8%

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

The new product in the sports content business failed to achieve the expected results from its promotional and sales initiatives, resulting in performance falling below plan. Because the shortfall in net sales was substantial, it could not be fully offset by higher revenue in other business areas. Following the discontinuation of development, an impairment loss of ¥67 million was recognized for software assets and other assets.

Details and amount of extraordinary loss

Impairment loss of ¥67 million (cumulative consolidated period through the third quarter of the fiscal year ending December 2026)

Previous-period resultsFiscal year ended December 2024: net sales of ¥7,478 million, operating income of ¥374 million, ordinary income of ¥308 million, net income attributable to owners of the parent of ¥228 million, and earnings per share of ¥26.80
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales9,000 Millions of yen → 8,010 Millions of yen(-11.0%)
Operating profit390 Millions of yen → -220 Millions of yen
Ordinary income345 Millions of yen → -260 Millions of yen
Profit attributable to owners of the parent285 Millions of yen → -330 Millions of yen
Net income per share¥31.54 / sen → ¥-36.52 / sen
Fiscal Period CoveredFiscal year ending December 2026
Period CoveredFull year
Publication date of previous forecast13 February 2026
Previous-period resultsFiscal year ended December 2024: net sales of ¥7,478 million, operating income of ¥374 million, ordinary income of ¥308 million, net income attributable to owners of the parent of ¥228 million, and earnings per share of ¥26.80
Reason for the revisionThe new product in the sports content business failed to achieve the expected results from its promotional and sales initiatives, resulting in performance falling below plan. Because the shortfall in net sales was substantial, it could not be fully offset by higher revenue in other business areas. Following the discontinuation of development, an impairment loss of ¥67 million was recognized for software assets and other assets.
Details and amount of extraordinary lossImpairment loss of ¥67 million (cumulative consolidated period through the third quarter of the fiscal year ending December 2026)
Consolidated / non-consolidatedConsolidated
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 new product in the sports content business failed to achieve the expected results from its promotional and sales initiatives, resulting in user acquisition and sales falling below plan. This could not be offset by higher revenue in other business areas, and an impairment loss of ¥67 million was also recognized for software assets and other assets following the discontinuation of development.

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 of Revision to Full-Year Consolidated Earnings Forecasts and Recognition of an Extraordinary Loss, with Supplementary Materials | Mynet Inc. (3928) timely disclosure | Komori