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Revision of earnings forecasts7689Copa Corporation Inc.Trading & Wholesale

Notice Regarding Differences Between Full-Year Forecasts and Actual Results

Actual results for the fiscal year ended February 2026 fell below the forecast announced on 14 January 2026. Revenue was ¥54 million below forecast, while operating income, ordinary income and net income were each ¥75 million below forecast. The company posted a net loss of ¥272 million for the fiscal year.

Worth reading
46Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-75
¥ million (changes in operating income, ordinary income and net income)
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ended February 2026 · Full yearPrevious forecast published 14 January 2026
Net Sales1,833→1,779Millions of yen
-2.9%
Operating profit-196→-271Millions of yen
-38.3%
Ordinary income-196→-271Millions of yen
-38.3%
Profit attributable to owners of the parent-197→-272Millions of yen
-38.1%
Net income per share-66.49→-91.85yen
-38.1%

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

Some planned TV shopping program broadcasts were pushed into the next fiscal year, while the disposal of inventory with low sales prospects increased the cost of sales ratio and reduced the gross profit margin. Selling, general and administrative expenses remained broadly in line with plan.

Previous-period resultsRevenue ¥2,052 million, operating loss ¥281 million, ordinary loss ¥278 million, net loss ¥437 million, loss per share ¥147.75
Revised forecast
ItemDetails
Net Sales1,833 Millions of yen → 1,779 Millions of yen(-2.9%)
Operating profit-196 Millions of yen → -271 Millions of yen
Ordinary income-196 Millions of yen → -271 Millions of yen
Profit attributable to owners of the parent-197 Millions of yen → -272 Millions of yen
Net income per share-66.49 yen → -91.85 yen
Fiscal Period CoveredFiscal year ended February 2026
Period CoveredFull year
Publication date of previous forecast14 January 2026
Previous-period resultsRevenue ¥2,052 million, operating loss ¥281 million, ordinary loss ¥278 million, net loss ¥437 million, loss per share ¥147.75
Reason for the revisionSome planned TV shopping program broadcasts were pushed into the next fiscal year, while the disposal of inventory with low sales prospects increased the cost of sales ratio and reduced the gross profit margin. Selling, general and administrative expenses remained broadly in line with plan.
Items this document does not state (3)
Details and amount of extraordinary lossDividend forecast revisionConsolidated / non-consolidated

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 fell short because some planned TV shopping program broadcasts were pushed into the next fiscal year. In addition, the disposal of inventory with low sales prospects increased the cost of sales ratio, causing the gross profit margin to fall below plan.

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 Differences Between Full-Year Forecasts and Actual Results | Copa Corporation Inc. (7689) timely disclosure | Komori