Notice Regarding the Recording of an Impairment Loss and Differences Between Full-Year Consolidated Earnings Forecasts and Actual Results
ESTELLE HOLDINGS CO.,LTD. (the Company)
Stores expected to incur consecutive losses
Following an assessment of the future recoverability of fixed assets at stores expected to incur consecutive losses, their carrying amount was impaired to their recoverable amount. The variance in earnings was due to a substantial increase in sales, mainly through in-store sales.
Impairment loss: ¥200 million. Variances from the previous forecast were as follows: sales, +¥1,890 million; operating profit, +¥417 million; ordinary profit, +¥437 million; and profit attributable to owners of the parent, +¥496 million.
Fiscal year ending March 2026 (1 April 2025 to 31 March 2026)
Actual results differed from the previously announced forecast. There is no change to the year-end dividend forecast in connection with this revision to the earnings forecast.
There is no change to the year-end dividend forecast in connection with this revision to the earnings forecast.
| Item | Details |
|---|---|
| Event name | Notice Regarding the Recording of an Impairment Loss and Differences Between Full-Year Consolidated Earnings Forecasts and Actual Results |
| Subject Entity | ESTELLE HOLDINGS CO.,LTD. (the Company) |
| Target Locations / Products | Stores expected to incur consecutive losses |
| Cause | Following an assessment of the future recoverability of fixed assets at stores expected to incur consecutive losses, their carrying amount was impaired to their recoverable amount. The variance in earnings was due to a substantial increase in sales, mainly through in-store sales. |
| Amount of Impact on Business Performance | Impairment loss: ¥200 million. Variances from the previous forecast were as follows: sales, +¥1,890 million; operating profit, +¥417 million; ordinary profit, +¥437 million; and profit attributable to owners of the parent, +¥496 million. |
| Accounting period in which recognized | Fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Impact on Earnings Forecast | Actual results differed from the previously announced forecast. There is no change to the year-end dividend forecast in connection with this revision to the earnings forecast. |
| Outlook | There is no change to the year-end dividend forecast in connection with this revision to the earnings forecast. |
Items this document does not state (17)
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.An impairment loss was recognized following an assessment of the future recoverability of fixed assets at stores expected to incur consecutive losses. Actual results exceeded the forecast because sales increased substantially, mainly through in-store sales.