Revision of Full-Year Earnings Forecasts for the Fiscal Year Ending February 2026 and Recognition of an Extraordinary Loss
The KYOSHIN Group (filing company: KYOSHIN CO.,LTD.)
Certain sites (specific site names: Not disclosed)
The consolidation, closure, relocation and refurbishment of certain sites in connection with optimization of the site network, together with a review of the recoverability of property and equipment based on their future profitability
An impairment loss of ¥229 million is expected to be recognized as an extraordinary loss. The revisions to the earnings forecasts are: net sales, +¥228 million; operating profit, +¥87 million; ordinary profit, +¥162 million; and net income attributable to owners of the parent, -¥2 million.
Fiscal year ending February 2026 (1 June 2025–28 February 2026)
The full-year consolidated earnings forecasts have been revised. The revised forecasts are net sales of ¥20,286 million, operating profit of ¥481 million, ordinary profit of ¥470 million, and net income attributable to owners of the parent of ¥69 million.
Company response
The consolidation, closure, relocation and refurbishment of certain sites (specific details of the discontinued operations: Not disclosed)
The Company will promote optimization of its site network. An impairment loss of ¥229 million is expected to be recognized as an extraordinary loss in the consolidated financial results for the fiscal year ending February 2026. The dividend forecast remains unchanged, and the Company will maintain its policy of targeting a consolidated dividend payout ratio of 30%, with a dividend of ¥5 per share as the minimum.
| Item | Details |
|---|---|
| Event name | Revision of Full-Year Earnings Forecasts for the Fiscal Year Ending February 2026 and Recognition of an Extraordinary Loss |
| Subject Entity | The KYOSHIN Group (filing company: KYOSHIN CO.,LTD.) |
| Target Locations / Products | Certain sites (specific site names: Not disclosed) |
| Cause | The consolidation, closure, relocation and refurbishment of certain sites in connection with optimization of the site network, together with a review of the recoverability of property and equipment based on their future profitability |
| Amount of Impact on Business Performance | An impairment loss of ¥229 million is expected to be recognized as an extraordinary loss. The revisions to the earnings forecasts are: net sales, +¥228 million; operating profit, +¥87 million; ordinary profit, +¥162 million; and net income attributable to owners of the parent, -¥2 million. |
| Accounting period in which recognized | Fiscal year ending February 2026 (1 June 2025–28 February 2026) |
| Impact on Earnings Forecast | The full-year consolidated earnings forecasts have been revised. The revised forecasts are net sales of ¥20,286 million, operating profit of ¥481 million, ordinary profit of ¥470 million, and net income attributable to owners of the parent of ¥69 million. |
| Suspended operations | The consolidation, closure, relocation and refurbishment of certain sites (specific details of the discontinued operations: Not disclosed) |
| Outlook | The Company will promote optimization of its site network. An impairment loss of ¥229 million is expected to be recognized as an extraordinary loss in the consolidated financial results for the fiscal year ending February 2026. The dividend forecast remains unchanged, and the Company will maintain its policy of targeting a consolidated dividend payout ratio of 30%, with a dividend of ¥5 per share as the minimum. |
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.Net sales, operating profit and ordinary profit are expected to exceed the previous forecasts because new student enrollment by new customers in the Japanese-language education business has progressed smoothly, the acquisition of Linkheart Co., Ltd. has contributed to the nursing care business, selling, general and administrative expenses have been contained through optimization of the cost structure, and foreign exchange gains have been recognized. Meanwhile, an impairment loss is expected to be recognized as a result of consolidating, closing, relocating and refurbishing certain sites in connection with optimization of the site network, and reviewing the future recoverability of property and equipment.