Komori
Revision of earnings forecasts5998Advanex Inc.Construction and Materials

Notice Regarding Differences Between Forecast and Actual Full-Year Consolidated Results, Differences Between Previous Fiscal Year and Actual Non-Consolidated Results, and Recognition of an Extraordinary Loss (Non-Consolidated)

Consolidated results for the fiscal year ending March 2026 exceeded the full-year forecast announced on 13 February 2026 for net sales and all profit lines. On a non-consolidated basis, net sales and operating income increased year on year, while ordinary income and net income decreased. The Company recorded ¥211 million as an extraordinary loss, representing a provision for doubtful accounts on loans to a subsidiary.

Worth reading
72In focus
Scored from 3 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
58
% (change in net income attributable to owners of the parent)
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 13 February 2026
Net Sales29,000→29,679million
+2.3%
Operating profit1,200→1,322million
+10.2%
Ordinary income1,000→1,343million
+34.3%
Profit attributable to owners of the parent650→1,027million
+58.0%
Net income per share158.32→250.4yen and sen
+58.2%

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

Demand for medical applications in the Americas and aircraft applications in Europe remained strong, causing net sales and operating income to exceed the forecast. Ordinary income and net income attributable to owners of the parent also benefited from foreign exchange gains arising from fluctuations in foreign exchange rates and other factors. On a non-consolidated basis, ordinary income and net income decreased due to the rebound from having recorded a special dividend from a consolidated subsidiary in the previous fiscal year.

Details and amount of extraordinary loss

For loans to the consolidated subsidiary Advanex de Mexico S.de R.L. de C.V., the Company recorded ¥211 million as an extraordinary loss, representing a provision for doubtful accounts corresponding to the amount of negative net worth. There is no impact on consolidated results.

Previous-period resultsConsolidated Net Sales ¥28,532 million (net income per share: yen and sen) / Operating profit ¥1,109 million (net income per share: yen and sen) / Ordinary income ¥170 million (net income per share: yen and sen) / Profit attributable to owners of the parent ¥-628 million (net income per share: yen and sen) / Net income per share ¥-153.13 million (net income per share: yen and sen) / Individual Net Sales ¥10,245 million (net income per share: yen and sen) / Operating profit ¥220 million (net income per share: yen and sen) / Ordinary income ¥1,346 million (net income per share: yen and sen) / Net income for the current fiscal year ¥586 million (net income per share: yen and sen) / Net income per share ¥142.87 million (net income per share: yen and sen)
Consolidated / non-consolidatedConsolidated / non-consolidated (standalone)
Revised forecast
ItemDetails
Net Sales¥29,000 million → ¥29,679 million(+2.3%)
Operating profit¥1,200 million → ¥1,322 million(+10.2%)
Ordinary income¥1,000 million → ¥1,343 million(+34.3%)
Profit attributable to owners of the parent¥650 million → ¥1,027 million(+58.0%)
Net income per share158.32 yen and sen → 250.4 yen and sen
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast13 February 2026
Previous-period resultsConsolidated Net Sales ¥28,532 million (net income per share: yen and sen) / Operating profit ¥1,109 million (net income per share: yen and sen) / Ordinary income ¥170 million (net income per share: yen and sen) / Profit attributable to owners of the parent ¥-628 million (net income per share: yen and sen) / Net income per share ¥-153.13 million (net income per share: yen and sen) / Individual Net Sales ¥10,245 million (net income per share: yen and sen) / Operating profit ¥220 million (net income per share: yen and sen) / Ordinary income ¥1,346 million (net income per share: yen and sen) / Net income for the current fiscal year ¥586 million (net income per share: yen and sen) / Net income per share ¥142.87 million (net income per share: yen and sen)
Reason for the revisionDemand for medical applications in the Americas and aircraft applications in Europe remained strong, causing net sales and operating income to exceed the forecast. Ordinary income and net income attributable to owners of the parent also benefited from foreign exchange gains arising from fluctuations in foreign exchange rates and other factors. On a non-consolidated basis, ordinary income and net income decreased due to the rebound from having recorded a special dividend from a consolidated subsidiary in the previous fiscal year.
Details and amount of extraordinary lossFor loans to the consolidated subsidiary Advanex de Mexico S.de R.L. de C.V., the Company recorded ¥211 million as an extraordinary loss, representing a provision for doubtful accounts corresponding to the amount of negative net worth. There is no impact on consolidated results.
Consolidated / non-consolidatedConsolidated / non-consolidated (standalone)
Items this document does not state (1)
Dividend forecast revision

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.

On a consolidated basis, demand for medical applications in the Americas and aircraft applications in Europe remained strong, causing net sales and operating income to exceed the forecast. In addition, ordinary income and net income attributable to owners of the parent benefited from foreign exchange gains arising from fluctuations in foreign exchange rates and other factors. On a non-consolidated basis, ordinary income and net income decreased due to the反動 of having recorded a special dividend from a consolidated subsidiary in the previous fiscal year.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Differences Between Forecast and Actual Full-Year Consolidated Results, Differences Between Previous Fiscal Year and Actual Non-Consolidated Results, and Recognition of an Extraordinary Loss (Non-Consolidated) | Advanex Inc. (5998) timely disclosure | Komori