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Occurring Fact7698Iceco Inc.Trading & Wholesale

Notice Concerning the Recognition of an Extraordinary Loss and Revisions to Full-Year Non-Consolidated Earnings Forecasts

Iceco Inc. recognized an impairment loss of ¥217 million on its Super Fresh Food Hall TAIGA Fujigaoka store and a ¥16 million loss on the sale of fixed assets as extraordinary losses. Accordingly, the company revised its non-consolidated earnings forecast for the fiscal year ending March 2026, raising its forecasts for operating profit and ordinary profit while lowering its forecast for net income.

Worth reading
45Recurring
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Direction
Mixed performance
Direction inferred from the company’s description.
Scale
217
¥ million
Wording
Definitive
How definitive the wording is.

Notice Concerning the Recognition of an Extraordinary Loss and Revisions to Full-Year Non-Consolidated Earnings Forecasts

Subject Entity

Iceco Inc. (filing company)

Target Locations / Products

Super Fresh Food Hall TAIGA Fujigaoka store, Yokohama Sales Office and Super Fresh Food Hall TAIGA Ekoda store

This disclosure05/12/2026
Cause

The profitability of the Super Fresh Food Hall TAIGA Fujigaoka store has remained weak, and the company conducted a cautious review of its future profitability. The cause of the loss on the sale of fixed assets was not disclosed.

Amount of Impact on Business Performance

Impairment loss of ¥217 million and loss on the sale of fixed assets of ¥16 million (extraordinary losses)

Accounting period in which recognized

Fiscal year ending March 2026 (1 April 2025 to 31 March 2026)

Impact on Earnings Forecast

The company revised its full-year non-consolidated earnings forecast for the fiscal year ending March 2026. The revised forecasts are net sales of ¥57,716 million, operating profit of ¥783 million, ordinary profit of ¥791 million, net income of ¥373 million and earnings per share of ¥95.78. The year-end dividend forecast remains unchanged.

Outlook

The company plans to open the Super Fresh Food Hall TAIGA Ekoda store from summer 2026 onward. It also plans to improve profitability at the Fujigaoka store through a dominant-store strategy with the Ekoda store and to enhance profitability across its store network.

Event that occurred
ItemDetails
Event nameNotice Concerning the Recognition of an Extraordinary Loss and Revisions to Full-Year Non-Consolidated Earnings Forecasts
Subject EntityIceco Inc. (filing company)
Target Locations / ProductsSuper Fresh Food Hall TAIGA Fujigaoka store, Yokohama Sales Office and Super Fresh Food Hall TAIGA Ekoda store
CauseThe profitability of the Super Fresh Food Hall TAIGA Fujigaoka store has remained weak, and the company conducted a cautious review of its future profitability. The cause of the loss on the sale of fixed assets was not disclosed.
Amount of Impact on Business PerformanceImpairment loss of ¥217 million and loss on the sale of fixed assets of ¥16 million (extraordinary losses)
Accounting period in which recognizedFiscal year ending March 2026 (1 April 2025 to 31 March 2026)
Impact on Earnings ForecastThe company revised its full-year non-consolidated earnings forecast for the fiscal year ending March 2026. The revised forecasts are net sales of ¥57,716 million, operating profit of ¥783 million, ordinary profit of ¥791 million, net income of ¥373 million and earnings per share of ¥95.78. The year-end dividend forecast remains unchanged.
OutlookThe company plans to open the Super Fresh Food Hall TAIGA Ekoda store from summer 2026 onward. It also plans to improve profitability at the Fujigaoka store through a dominant-store strategy with the Ekoda store and to enhance profitability across its store network.
Items this document does not state (17)
Date of occurrenceDate recognized / date notice receivedType of litigation or proceedingCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the changePlanned follow-up disclosure

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.

Sales to drugstores and discount stores remained solid, while improvements in delivery efficiency through in-house logistics and enhanced delivery efficiency and supply capabilities following the launch of the Yokohama Sales Office resulted in net sales, operating profit and ordinary profit exceeding the previous forecasts. Meanwhile, profitability at the Fujigaoka store has remained weak. Following a cautious review of its future profitability, the company recognized an impairment loss. No reason was disclosed for the loss on the sale of fixed assets.

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 Concerning the Recognition of an Extraordinary Loss and Revisions to Full-Year Non-Consolidated Earnings Forecasts | Iceco Inc. (7698) timely disclosure | Komori