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Revisions to earnings forecasts7794EDP CorporationInformation and Communications, Services and Others

Notice Regarding Revisions to the Full-Year Earnings Forecast for the Fiscal Year Ending March 2027

Although the full-year revenue forecast for the fiscal year ending March 2027 was raised by ¥17 million, the forecast losses for operating income, ordinary income and net income were increased to reflect the recognition of an inventory valuation loss.

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Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 13 May 2026
Net Sales1,100→1,117million
+1.5%
Operating profit-283→-413million
-45.9%
Ordinary income-189→-343million
-81.5%
Profit attributable to owners of the parent-195→-348million
-78.5%
Net income per share—→—Yen and sen
—

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

Sales of seed crystals are expected to remain solid, while full-year sales of substrate- and wafer-related products are expected to fall below the previous fiscal year's actual results. Manufacturing direct costs declined by approximately 33% year on year, while selling expenses increased by approximately 10% due to higher outsourcing costs and other factors. Inventory valuation losses on products, parent crystals, work in process and other items were substantially higher than initially expected, causing the loss to exceed the forecast.

Details and amount of extraordinary loss

Inventory valuation loss (products, parent crystals and work in process, among other items). Amount: Not disclosed.

Previous-period resultsConsolidated: revenue ¥516 million, operating loss ¥1,360 million, ordinary loss ¥1,341 million, net loss attributable to owners of the parent ¥2,415 million, net loss per share ¥164.94. Non-consolidated: revenue ¥550 million, ordinary loss ¥929 million, net loss ¥897 million, net loss per share ¥173.47.
Consolidated / non-consolidatedConsolidated / non-consolidated (standalone)
Revised forecast
ItemDetails
Net Sales¥1,100 million → ¥1,117 million(+1.5%)
Operating profit¥-283 million → ¥-413 million
Ordinary income¥-189 million → ¥-343 million
Profit attributable to owners of the parent¥-195 million → ¥-348 million
Net income per share¥-12.60 → ¥-18.29
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast13 May 2026
Previous-period resultsConsolidated: revenue ¥516 million, operating loss ¥1,360 million, ordinary loss ¥1,341 million, net loss attributable to owners of the parent ¥2,415 million, net loss per share ¥164.94. Non-consolidated: revenue ¥550 million, ordinary loss ¥929 million, net loss ¥897 million, net loss per share ¥173.47.
Reason for the revisionSales of seed crystals are expected to remain solid, while full-year sales of substrate- and wafer-related products are expected to fall below the previous fiscal year's actual results. Manufacturing direct costs declined by approximately 33% year on year, while selling expenses increased by approximately 10% due to higher outsourcing costs and other factors. Inventory valuation losses on products, parent crystals, work in process and other items were substantially higher than initially expected, causing the loss to exceed the forecast.
Details and amount of extraordinary lossInventory valuation loss (products, parent crystals and work in process, among other items). Amount: Not disclosed.
Consolidated / non-consolidatedConsolidated / non-consolidated (standalone)
Items this document does not state (1)
Dividend 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.

Sales of seed crystals are expected to remain solid, while full-year sales of substrate- and wafer-related products are expected to fall below the previous fiscal year's actual results, leaving revenue broadly in line with the original forecast. On the earnings front, manufacturing direct costs declined by approximately 33% year on year and total costs also decreased. However, the loss exceeded the forecast because selling expenses, including outsourcing costs, increased and inventory valuation losses on products, parent crystals, work in process and other items were substantially higher than initially expected.

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 Revisions to the Full-Year Earnings Forecast for the Fiscal Year Ending March 2027 | EDP Corporation (7794) timely disclosure | Komori