Difference between the full-year earnings forecast and actual results for the fiscal year ended July 2026, recognition of an accrual for shareholder benefits and a special loss, and reversal of deferred tax assets
Hatena Co.,Ltd. (the filing company)
GigaViewer manga viewer for publishers and the commemorative shareholder benefit marking the 10th anniversary of the listing
The accrual based on estimated usage of the commemorative shareholder benefit exceeded the initial estimate; investigation costs of the special investigation committee and other expenses were added to the amount of losses from the fund outflow; and the recoverability of deferred tax assets was assessed based on the results for the current fiscal year and the outlook for the following fiscal year and beyond.
¥74 million accrual for shareholder benefits (non-operating expense), ¥1,221 million loss related to the fund outflow incident (special loss), and ¥241 million reversal of deferred tax assets (increase in tax expense). Net income decreased by ¥228 million versus the forecast.
Fiscal year ended July 2026. The increase in tax expense due to the reversal of deferred tax assets was recognized in the fourth-quarter accounting period.
A difference arose between the full-year earnings forecast for the fiscal year ended July 2026 announced on 12 June 2026 and actual results. Operating profit was ¥60 million above forecast, ordinary profit was ¥13 million above forecast, and net income was ¥228 million below forecast.
Company response
Investigation by the Special Investigation Committee. The committee chair's name and establishment date are Not disclosed.
| Item | Details |
|---|---|
| Event name | Difference between the full-year earnings forecast and actual results for the fiscal year ended July 2026, recognition of an accrual for shareholder benefits and a special loss, and reversal of deferred tax assets |
| Date of occurrence | End of the fiscal year ended July 2026 (period covered: 1 August 2025 to 31 July 2026) |
| Subject Entity | Hatena Co.,Ltd. (the filing company) |
| Target Locations / Products | GigaViewer manga viewer for publishers and the commemorative shareholder benefit marking the 10th anniversary of the listing |
| Cause | The accrual based on estimated usage of the commemorative shareholder benefit exceeded the initial estimate; investigation costs of the special investigation committee and other expenses were added to the amount of losses from the fund outflow; and the recoverability of deferred tax assets was assessed based on the results for the current fiscal year and the outlook for the following fiscal year and beyond. |
| Amount of Impact on Business Performance | ¥74 million accrual for shareholder benefits (non-operating expense), ¥1,221 million loss related to the fund outflow incident (special loss), and ¥241 million reversal of deferred tax assets (increase in tax expense). Net income decreased by ¥228 million versus the forecast. |
| Accounting period in which recognized | Fiscal year ended July 2026. The increase in tax expense due to the reversal of deferred tax assets was recognized in the fourth-quarter accounting period. |
| Impact on Earnings Forecast | A difference arose between the full-year earnings forecast for the fiscal year ended July 2026 announced on 12 June 2026 and actual results. Operating profit was ¥60 million above forecast, ordinary profit was ¥13 million above forecast, and net income was ¥228 million below forecast. |
| Investigation structure | Investigation by the Special Investigation Committee. The committee chair's name and establishment date are Not disclosed. |
Items this document does not state (16)
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 upside in operating profit and ordinary profit was due to data center usage fees and overall expenses coming in below forecast as a result of cost optimization, as well as taxes and dues related to the size-based business tax coming in significantly below expectations. The downside in net income was due to the accrual for commemorative shareholder benefits, the special loss related to the fund outflow incident, and the reversal of deferred tax assets based on an assessment of their recoverability.