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Revision of earnings forecasts7523ART VIVANT CO.,LTD.Retail

Summary of Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

The fiscal year ended March 2026 saw increases in both revenue and profit. For the fiscal year ending March 2027, the company presented a consolidated earnings forecast calling for lower revenue and profit, based on the assumption that sales of high-value works of art will not reach the level of the previous fiscal year and that costs and selling, general and administrative expenses will increase.

Worth reading
74In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
17
% (year-on-year decrease in profit attributable to owners of the parent for the fiscal year ending March 2027)
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full year
Net Sales—→12,000Millions of yen
—
Operating profit—→2,400Millions of yen
—
Ordinary income—→2,300Millions of yen
—
Profit attributable to owners of the parent—→1,400Millions of yen
—

The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

The company recorded sales of high-value works of art totaling ¥1,364 million in the previous fiscal year, but does not currently anticipate such sales in the current fiscal year, and revenue is therefore expected to decline. Although event-related and other expenses were controlled in the previous fiscal year, profit is expected to decline because the cost of sales and selling, general and administrative expenses are expected to increase in the current fiscal year.

Details and amount of extraordinary loss

Loss on store closures: ¥21.574 million; loss on sale of investment securities: ¥214.883 million; total extraordinary losses: ¥236.458 million

Previous-period resultsRevenue: ¥12,674 million; operating profit: ¥2,698 million; ordinary profit: ¥2,682 million; net income attributable to owners of the parent: ¥1,687 million; net income per share: ¥185.00
Dividend forecast revisionThe company plans to maintain an annual dividend of ¥60 for the next fiscal year, including an interim dividend of ¥30. The total dividend of ¥60 comprises a regular dividend of ¥30 per share plus a special dividend of ¥30.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesNot disclosed → 12,000 Millions of yen(Down 5.3% year on year)
Operating profitNot disclosed → 2,400 Millions of yen(Down 11.1% year on year)
Ordinary incomeNot disclosed → 2,300 Millions of yen(Down 14.2% year on year)
Profit attributable to owners of the parentNot disclosed → 1,400 Millions of yen(Down 17.0% year on year)
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Previous-period resultsRevenue: ¥12,674 million; operating profit: ¥2,698 million; ordinary profit: ¥2,682 million; net income attributable to owners of the parent: ¥1,687 million; net income per share: ¥185.00
Reason for the revisionThe company recorded sales of high-value works of art totaling ¥1,364 million in the previous fiscal year, but does not currently anticipate such sales in the current fiscal year, and revenue is therefore expected to decline. Although event-related and other expenses were controlled in the previous fiscal year, profit is expected to decline because the cost of sales and selling, general and administrative expenses are expected to increase in the current fiscal year.
Details and amount of extraordinary lossLoss on store closures: ¥21.574 million; loss on sale of investment securities: ¥214.883 million; total extraordinary losses: ¥236.458 million
Dividend forecast revisionThe company plans to maintain an annual dividend of ¥60 for the next fiscal year, including an interim dividend of ¥30. The total dividend of ¥60 comprises a regular dividend of ¥30 per share plus a special dividend of ¥30.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Net income per sharePublication date of previous forecast

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 is expected to decline in the fiscal year ending March 2027 because the company currently does not anticipate sales of high-value works of art totaling ¥1,364 million, as recorded in the previous fiscal year. Profit is also expected to decline because the cost of sales and selling, general and administrative expenses are expected to increase. Factors contributing to the increase in profit for the fiscal year ended March 2026 included higher revenue, control of event-related expenses, and a decrease in the amount recognized as an allowance for doubtful accounts.

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.
Summary of Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | ART VIVANT CO.,LTD. (7523) timely disclosure | Komori