Notice concerning the variance between the full-year earnings forecast and actual results for the fiscal year ended August 2026 (consolidated and non-consolidated), recognition of extraordinary loss, and recognition of deferred income tax adjustment (loss)
Ecomott Inc.; consolidated subsidiary 株式会社藤山水産加工
IoT Business Innovation; Construction Solutions; Other businesses (株式会社藤山水産加工)
Delivery delays due to delays in grid interconnection for the EPC business, lost major projects and specification changes in IoT Business Innovation; capital expenditures preceding revenue generation in Construction Solutions; delays in establishing sales and production structures at 株式会社藤山水産加工 following the suspension of operations; and higher material costs across the businesses. In addition, the Company conducted a cautious review of impairment losses on investment securities and the recoverability of deferred tax assets.
Consolidated: revenue forecast variance of -¥211 million, operating profit forecast variance of -¥288 million, ordinary profit forecast variance of -¥288 million, and net income attributable to owners of the parent forecast variance of -¥215 million. Extraordinary loss of ¥14 million due to impairment losses on investment securities and deferred income tax adjustment (loss) of ¥24.825 million. Non-consolidated: revenue forecast variance of -¥253 million, ordinary profit forecast variance of -¥161 million, net income forecast variance of -¥129 million, extraordinary loss of ¥14 million, and deferred income tax adjustment (loss) of ¥17.538 million.
Fiscal year ending August 2026 (1 September 2025 to 31 August 2026); the deferred income tax adjustment was recognized in the fourth quarter accounting period.
A variance arose between the full-year earnings forecast for the fiscal year ending August 2026 announced on 14 October 2025 and the actual results announced this time. No revised figures for the earnings forecast are provided.
Company response
The business of 株式会社藤山水産加工. Operations were suspended on 31 December 2025 and resumed after the acquisition of the shares on 2 March 2026.
2 March 2026
株式会社藤山水産加工 has taken time to establish its sales and production structures. Although monthly revenue is improving, it has not yet reached the point of covering fixed costs.
| Item | Details |
|---|---|
| Event name | Notice concerning the variance between the full-year earnings forecast and actual results for the fiscal year ended August 2026 (consolidated and non-consolidated), recognition of extraordinary loss, and recognition of deferred income tax adjustment (loss) |
| Date of occurrence | 31 December 2025 (suspension of operations by 株式会社藤山水産加工); 2 March 2026 (resumption of operations after the acquisition of the shares) |
| Subject Entity | Ecomott Inc.; consolidated subsidiary 株式会社藤山水産加工 |
| Target Locations / Products | IoT Business Innovation; Construction Solutions; Other businesses (株式会社藤山水産加工) |
| Cause | Delivery delays due to delays in grid interconnection for the EPC business, lost major projects and specification changes in IoT Business Innovation; capital expenditures preceding revenue generation in Construction Solutions; delays in establishing sales and production structures at 株式会社藤山水産加工 following the suspension of operations; and higher material costs across the businesses. In addition, the Company conducted a cautious review of impairment losses on investment securities and the recoverability of deferred tax assets. |
| Amount of Impact on Business Performance | Consolidated: revenue forecast variance of -¥211 million, operating profit forecast variance of -¥288 million, ordinary profit forecast variance of -¥288 million, and net income attributable to owners of the parent forecast variance of -¥215 million. Extraordinary loss of ¥14 million due to impairment losses on investment securities and deferred income tax adjustment (loss) of ¥24.825 million. Non-consolidated: revenue forecast variance of -¥253 million, ordinary profit forecast variance of -¥161 million, net income forecast variance of -¥129 million, extraordinary loss of ¥14 million, and deferred income tax adjustment (loss) of ¥17.538 million. |
| Accounting period in which recognized | Fiscal year ending August 2026 (1 September 2025 to 31 August 2026); the deferred income tax adjustment was recognized in the fourth quarter accounting period. |
| Impact on Earnings Forecast | A variance arose between the full-year earnings forecast for the fiscal year ending August 2026 announced on 14 October 2025 and the actual results announced this time. No revised figures for the earnings forecast are provided. |
| Suspended operations | The business of 株式会社藤山水産加工. Operations were suspended on 31 December 2025 and resumed after the acquisition of the shares on 2 March 2026. |
| Scheduled resumption date | 2 March 2026 |
| Outlook | 株式会社藤山水産加工 has taken time to establish its sales and production structures. Although monthly revenue is improving, it has not yet reached the point of covering fixed costs. |
Items this document does not state (14)
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.In the IoT Business Innovation segment, delivery delays due to delays in grid interconnection for the EPC business, lost major projects and specification changes occurred, while capital expenditures preceded revenue generation in the Construction Solutions segment. Other reasons included the time required to establish sales and production structures following the suspension of operations by 株式会社藤山水産加工, the impact of higher material costs, impairment losses on investment securities, and a cautious review of the recoverability of deferred tax assets.