Revision of the full-year earnings forecast and expected recognition of an extraordinary loss
PORTERS CORPORATION (filing company), 株式会社KIKAN flex (subsidiary)
Software assets, including software developed by 株式会社KIKAN flex and software assets capitalized through the company's development investments. The atB Group's job media business in Bangladesh is also subject to the revision of the revenue forecast.
The result of a review of the recoverability of 株式会社KIKAN flex's software assets. The factors behind the downward revision to the revenue forecast are stated as the postponement of the software release, difficulties in securing paid job listings in Bangladesh, the loss of the PORTERS CORPORATION implementation, and deliveries being pushed back to the following fiscal year.
An impairment loss of ¥304 million is expected to be recognized as an extraordinary loss in the third-quarter consolidated accounting period. Consolidated revenue is expected to decrease by ¥169 million from the previous forecast, consolidated operating profit and consolidated ordinary profit by ¥130 million each, and net income attributable to owners of the parent by ¥325 million.
The third-quarter consolidated accounting period of the fiscal year ending December 2026
The earnings forecast for the fiscal year ending December 2026 has been revised. The revised forecast is consolidated revenue of ¥2,300 million, consolidated operating profit of ¥201 million, consolidated ordinary profit of ¥201 million, and a ¥113 million loss in net income attributable to owners of the parent.
An extraordinary loss is expected to be recognized in the third-quarter consolidated accounting period. Actual results may differ from the figures stated due to various uncertainties going forward.
| Item | Details |
|---|---|
| Event name | Revision of the full-year earnings forecast and expected recognition of an extraordinary loss |
| Date of occurrence | 30 September 2026 (date of the Board of Directors' resolution; the extraordinary loss is expected to be recognized in the third-quarter consolidated accounting period) |
| Date recognized / date notice received | 30 September 2026 (Board of Directors resolution date) |
| Subject Entity | PORTERS CORPORATION (filing company), 株式会社KIKAN flex (subsidiary) |
| Target Locations / Products | Software assets, including software developed by 株式会社KIKAN flex and software assets capitalized through the company's development investments. The atB Group's job media business in Bangladesh is also subject to the revision of the revenue forecast. |
| Cause | The result of a review of the recoverability of 株式会社KIKAN flex's software assets. The factors behind the downward revision to the revenue forecast are stated as the postponement of the software release, difficulties in securing paid job listings in Bangladesh, the loss of the PORTERS CORPORATION implementation, and deliveries being pushed back to the following fiscal year. |
| Amount of Impact on Business Performance | An impairment loss of ¥304 million is expected to be recognized as an extraordinary loss in the third-quarter consolidated accounting period. Consolidated revenue is expected to decrease by ¥169 million from the previous forecast, consolidated operating profit and consolidated ordinary profit by ¥130 million each, and net income attributable to owners of the parent by ¥325 million. |
| Accounting period in which recognized | The third-quarter consolidated accounting period of the fiscal year ending December 2026 |
| Impact on Earnings Forecast | The earnings forecast for the fiscal year ending December 2026 has been revised. The revised forecast is consolidated revenue of ¥2,300 million, consolidated operating profit of ¥201 million, consolidated ordinary profit of ¥201 million, and a ¥113 million loss in net income attributable to owners of the parent. |
| Outlook | An extraordinary loss is expected to be recognized in the third-quarter consolidated accounting period. Actual results may differ from the figures stated due to various uncertainties going forward. |
Items this document does not state (15)
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 and operating profit are expected to fall below forecast due to delays in the release of software developed by 株式会社KIKAN flex, difficulties faced by the atB Group in securing paid job listings in Bangladesh, the loss of the PORTERS CORPORATION implementation associated with the release delay, and deliveries being pushed back to the following fiscal year. In addition, following a review of the recoverability of 株式会社KIKAN flex's software assets, an impairment loss is expected to be recognized.