Occurrence of a variance between the full-year consolidated earnings forecast and actual results for the fiscal year ending March 2026 (increase in ordinary profit), and recognition of non-operating income and an extraordinary loss
SUIDO KIKO KAISHA,LTD. and its consolidated group, and Suido Kiko Middle East (SKME; consolidated as a subsidiary in the fiscal year ending March 2026)
Plant Construction segment, O&M segment, SKME shares, and goodwill related to SKME
Construction progress and project completions increased in the Plant Construction and O&M businesses, and profitability improved. At SKME, collections from customers progressed, and goodwill arose based on the valuation following the additional acquisition of shares.
Equity-method investment gain of ¥238 million (non-operating income), goodwill impairment loss of ¥929 million (consolidated extraordinary loss), and loss on valuation of investment securities of ¥1,184 million (non-consolidated extraordinary loss)
Fiscal year ending March 2026 (1 April 2025 to 31 March 2026)
The variance between the previously announced forecast and actual results was disclosed. Actual results were net sales of ¥31,209 million, operating profit of ¥2,044 million, ordinary profit of ¥2,488 million, and net income attributable to owners of the parent of ¥1,228 million. Whether there will be any additional revision to the earnings forecast: Not disclosed
| Item | Details |
|---|---|
| Event name | Occurrence of a variance between the full-year consolidated earnings forecast and actual results for the fiscal year ending March 2026 (increase in ordinary profit), and recognition of non-operating income and an extraordinary loss |
| Date recognized / date notice received | 7 May 2026 (date actual results were announced) |
| Subject Entity | SUIDO KIKO KAISHA,LTD. and its consolidated group, and Suido Kiko Middle East (SKME; consolidated as a subsidiary in the fiscal year ending March 2026) |
| Target Locations / Products | Plant Construction segment, O&M segment, SKME shares, and goodwill related to SKME |
| Cause | Construction progress and project completions increased in the Plant Construction and O&M businesses, and profitability improved. At SKME, collections from customers progressed, and goodwill arose based on the valuation following the additional acquisition of shares. |
| Amount of Impact on Business Performance | Equity-method investment gain of ¥238 million (non-operating income), goodwill impairment loss of ¥929 million (consolidated extraordinary loss), and loss on valuation of investment securities of ¥1,184 million (non-consolidated extraordinary loss) |
| Accounting period in which recognized | Fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Impact on Earnings Forecast | The variance between the previously announced forecast and actual results was disclosed. Actual results were net sales of ¥31,209 million, operating profit of ¥2,044 million, ordinary profit of ¥2,488 million, and net income attributable to owners of the parent of ¥1,228 million. Whether there will be any additional revision to the earnings forecast: Not disclosed |
Items this document does not state (17)
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.Construction progress and project completions increased in both the Plant Construction and O&M segments, and profitability improved, resulting in higher net sales and operating profit. Ordinary profit increased due to the rise in operating profit and the recognition of an equity-method investment gain for SKME as collections from customers progressed. Net income attributable to owners of the parent was affected by a ¥929 million impairment loss on goodwill arising from the consolidation of SKME as a subsidiary and higher tax expenses resulting from increased taxable income.