Komori
Revision of earnings forecasts6724SEIKO EPSON CORPORATIONElectrical Equipment and Precision Instruments

Notice Regarding the Recognition of an Impairment Loss and the Difference Between the Full-Year Consolidated Earnings Forecast and Actual Results for the Fiscal Year Ending March 2026 (IFRS)

An impairment loss of ¥25.9 billion was recognized on part of Fiery's goodwill. As a result, full-year actual results for the fiscal year ending March 2026 exceeded the previous forecast for revenue and business profit, while profit items from operating profit downward fell below the forecast.

Worth reading
77Important
Scored from 3 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
259
Hundreds of millions of yen
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 3 February 2026
Net Sales1,390,000→1,413,251million
+1.7%
Operating profit67,000→49,558million
-26.0%
Profit attributable to owners of the parent41,000→18,201million
-55.6%
Net income per share127.95→56.81
-55.6%

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 and business profit exceeded the forecast due to higher revenue in the Printing Solutions business segment and the positive impact of foreign exchange, while operating profit and profit items below it fell short of the forecast due in part to recognition of an impairment loss on Fiery's goodwill.

Details and amount of extraordinary loss

An impairment loss of ¥25.9 billion was recognized on part of the goodwill relating to Fiery, which is included in the Commercial and Industrial Printing business area.

Previous-period resultsRevenue of ¥1,362,944 million, business profit of ¥89,589 million, operating profit of ¥75,108 million, profit before tax of ¥78,395 million, profit for the year of ¥55,181 million, profit for the year attributable to owners of the parent of ¥55,177 million, and basic earnings per share of ¥168.75 (fiscal year ended March 2025)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥1,390,000 million → ¥1,413,251 million(1.7%)
Operating profit¥67,000 million → ¥49,558 million(△26.0%)
Profit attributable to owners of the parent¥41,000 million → ¥18,201 million(△55.6%)
Net income per share¥127.95 → ¥56.81
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast3 February 2026
Previous-period resultsRevenue of ¥1,362,944 million, business profit of ¥89,589 million, operating profit of ¥75,108 million, profit before tax of ¥78,395 million, profit for the year of ¥55,181 million, profit for the year attributable to owners of the parent of ¥55,177 million, and basic earnings per share of ¥168.75 (fiscal year ended March 2025)
Reason for the revisionRevenue and business profit exceeded the forecast due to higher revenue in the Printing Solutions business segment and the positive impact of foreign exchange, while operating profit and profit items below it fell short of the forecast due in part to recognition of an impairment loss on Fiery's goodwill.
Details and amount of extraordinary lossAn impairment loss of ¥25.9 billion was recognized on part of the goodwill relating to Fiery, which is included in the Commercial and Industrial Printing business area.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Ordinary incomeDividend 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.

As capital investment restraint progressed in the commercial and industrial printing markets against the backdrop of U.S. tariff policies and other factors, market conditions deteriorated more than expected. Accordingly, the business plan was carefully reviewed, and an impairment loss was recognized on part of the goodwill. Revenue and business profit exceeded the forecast due to higher revenue in the Printing Solutions business segment and the positive impact of foreign exchange, while operating profit and profit items below it fell short of the forecast due in part to recognition of the impairment loss.

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 the Recognition of an Impairment Loss and the Difference Between the Full-Year Consolidated Earnings Forecast and Actual Results for the Fiscal Year Ending March 2026 (IFRS) | SEIKO EPSON CORPORATION (6724) timely disclosure | Komori