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Revision of earnings forecasts4918IVY COSMETICS CORPORATIONMaterials and Chemicals

Notice Regarding Revisions to Earnings Forecasts

The full-year revenue forecast for the fiscal year ending March 2026 was revised down from ¥2,850 million to ¥2,641 million, and the forecasts for operating income, ordinary income and net income were also revised downward. The downward revisions to profit were particularly large, with operating income down 48.7% and ordinary income down 49.5%.

Worth reading
62In 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
-49.5
%
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 10 February 2026
Net Sales2,850→2,641million
-7.3%
Operating profit380→195million
-48.7%
Ordinary income380→192million
-49.5%
Profit attributable to owners of the parent315→164million
-47.9%
Net income per share47.52→22.45yen
-52.8%

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

Revenue declined because there were no major new products, expansion of sales offices and BM locations was sluggish, and some enhanced products and regular products performed weakly. The cost of sales ratio increased because of higher material and raw material prices, while selling, general and administrative expenses also increased because of higher prices overall.

Previous-period resultsPrevious fiscal year actual results: revenue of ¥2,929 million, operating income of ¥422 million, ordinary income of ¥420 million, net income of ¥43 million, and earnings per share of ¥2.44 (full year of the fiscal year ended March 2025)
Revised forecast
ItemDetails
Net Sales¥2,850 million → ¥2,641 million(-7.3%)
Operating profit¥380 million → ¥195 million(-48.7%)
Ordinary income¥380 million → ¥192 million(-49.5%)
Profit attributable to owners of the parent¥315 million → ¥164 million(-47.9%)
Net income per share47.52 yen → 22.45 yen
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast10 February 2026
Previous-period resultsPrevious fiscal year actual results: revenue of ¥2,929 million, operating income of ¥422 million, ordinary income of ¥420 million, net income of ¥43 million, and earnings per share of ¥2.44 (full year of the fiscal year ended March 2025)
Reason for the revisionRevenue declined because there were no major new products, expansion of sales offices and BM locations was sluggish, and some enhanced products and regular products performed weakly. The cost of sales ratio increased because of higher material and raw material prices, while selling, general and administrative expenses also increased because of higher prices overall.
Items this document does not state (3)
Details and amount of extraordinary lossDividend forecast revisionConsolidated / non-consolidated

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.

Revenue declined because there were no major new products, expansion of sales offices and BM locations was sluggish, and the White Power Serum and regular products performed weakly. In addition, the cost of sales ratio and selling, general and administrative expenses increased because of higher material and raw material prices and overall inflation.

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 Regarding Revisions to Earnings Forecasts | IVY COSMETICS CORPORATION (4918) timely disclosure | Komori