Consolidated results for the fiscal year ended 31 March 2026, reductions in stated capital and capital reserve, and disposition of surplus
BPLATS,Inc. and its group
Software (intangible fixed assets), shared assets (property, plant and equipment), and the core product Bplats® Platform Edition
The recognition of impairment losses on software (intangible fixed assets) and shared assets (property, plant and equipment) was the primary cause of the net loss for the fiscal year and negative net assets.
Impairment loss of ¥772.505 million (extraordinary loss); net loss attributable to owners of the parent of ¥925.575 million
Fiscal year ending March 2026 (1 April 2025 to 31 March 2026)
For the fiscal year ending March 2027, the Company forecasts consolidated revenue of ¥698 million, operating profit of ¥62 million, ordinary profit of ¥43 million, and profit attributable to owners of the parent of ¥42 million. Whether these forecasts have been revised from the previous forecasts: Not disclosed.
Related procedures
Submission of proposals to the shareholders' meeting and creditor objection procedures (reductions in stated capital and capital reserve and disposition of surplus)
Company response
(a) Improving earnings power (strengthening the competitiveness of existing businesses and carrying out M&A); (b) strengthening and implementing various cost-reduction measures; (c) strengthening the financial base through capital and business alliances with strategic business partners, among other measures
The Company will strengthen its “AI×Monetization” offering for AI service providers, increase new orders, improve quality, development efficiency and operational efficiency through the use of AI, reduce costs, pursue strategic business expansion including M&A and capital and business alliances, raise funds, and eliminate its negative net assets. For the fiscal year ending March 2027, the Company expects lower revenue and higher profit.
A shareholders' meeting resolution is scheduled for 22 June 2026, the final date for creditors to state objections is scheduled for 31 July 2026, and the effective date is scheduled for 1 August 2026.
| Item | Details |
|---|---|
| Event name | Consolidated results for the fiscal year ended 31 March 2026, reductions in stated capital and capital reserve, and disposition of surplus |
| Date of occurrence | 31 March 2026 (results for the fiscal year ended March 2026 and recognition of impairment losses); 14 May 2026 (Board of Directors' resolution to submit proposals concerning reductions in stated capital and capital reserve, etc., to the shareholders' meeting) |
| Date recognized / date notice received | 14 May 2026 (date of the Board of Directors' resolution and disclosure) |
| Subject Entity | BPLATS,Inc. and its group |
| Target Locations / Products | Software (intangible fixed assets), shared assets (property, plant and equipment), and the core product Bplats® Platform Edition |
| Cause | The recognition of impairment losses on software (intangible fixed assets) and shared assets (property, plant and equipment) was the primary cause of the net loss for the fiscal year and negative net assets. |
| Amount of Impact on Business Performance | Impairment loss of ¥772.505 million (extraordinary loss); net loss attributable to owners of the parent of ¥925.575 million |
| Accounting period in which recognized | Fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Impact on Earnings Forecast | For the fiscal year ending March 2027, the Company forecasts consolidated revenue of ¥698 million, operating profit of ¥62 million, ordinary profit of ¥43 million, and profit attributable to owners of the parent of ¥42 million. Whether these forecasts have been revised from the previous forecasts: Not disclosed. |
| Type of litigation or proceeding | Submission of proposals to the shareholders' meeting and creditor objection procedures (reductions in stated capital and capital reserve and disposition of surplus) |
| Measures to prevent recurrence | (a) Improving earnings power (strengthening the competitiveness of existing businesses and carrying out M&A); (b) strengthening and implementing various cost-reduction measures; (c) strengthening the financial base through capital and business alliances with strategic business partners, among other measures |
| Outlook | The Company will strengthen its “AI×Monetization” offering for AI service providers, increase new orders, improve quality, development efficiency and operational efficiency through the use of AI, reduce costs, pursue strategic business expansion including M&A and capital and business alliances, raise funds, and eliminate its negative net assets. For the fiscal year ending March 2027, the Company expects lower revenue and higher profit. |
| Planned follow-up disclosure | A shareholders' meeting resolution is scheduled for 22 June 2026, the final date for creditors to state objections is scheduled for 31 July 2026, and the effective date is scheduled for 1 August 2026. |
Items this document does not state (12)
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 operating loss and ordinary loss narrowed due to a significant reduction in telecommunications infrastructure costs. However, the net loss for the fiscal year widened due in part to the recognition of impairment losses on software (intangible fixed assets) and shared assets (property, plant and equipment). The reductions in stated capital and capital reserve and the disposition of surplus are intended to reduce the tax burden, strengthen the financial position by offsetting accumulated deficits, and ensure flexibility in future capital policy.