Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 13 May 2026The 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.
Orders in the direct-mail business have remained strong, resulting in an upward revision to net sales. On the other hand, each profit figure has been revised downward due to upfront investments and one-time costs related to the launch of the IP business support service, expansion of logistics and sales locations, and the relocation of the head office, as well as lower-than-expected earnings in the Internet business and other operations due to the spread of AI.
| Item | Details |
|---|---|
| Net Sales | ¥27,500 million → ¥29,000 million（+5.5%） |
| Operating profit | ¥1,100 million → ¥200 million（-81.8%） |
| Ordinary income | ¥1,085 million → ¥200 million（-81.6%） |
| Profit attributable to owners of the parent | ¥680 million → ¥80 million（-88.2%） |
| Net income per share | 118.88 yen → 13.99 yen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 13 May 2026 |
| Previous-period results | Net sales: ¥25,560 million; operating income: ¥938 million; ordinary income: ¥967 million; net income attributable to owners of the parent: ¥640 million; net income per share: ¥115.99 (fiscal year ended March 2026) |
| Reason for the revision | Orders in the direct-mail business have remained strong, resulting in an upward revision to net sales. On the other hand, each profit figure has been revised downward due to upfront investments and one-time costs related to the launch of the IP business support service, expansion of logistics and sales locations, and the relocation of the head office, as well as lower-than-expected earnings in the Internet business and other operations due to the spread of AI. |
| Dividend forecast revision | No change (year-end dividend forecast: ¥10.5; annual dividend: ¥21) |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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 are expected to exceed the previous forecast due to strong orders in the direct-mail business and improved processing capacity for fulfillment services. On the other hand, profits are expected to be pressured by upfront investments and one-time costs related to the launch of the anime and character IP business, expansion of logistics and sales locations, and the relocation of the head office, as well as lower-than-expected earnings in the Internet business and other operations due to the spread of AI.