Komori
Revision to earnings forecast8070TOKYO SANGYO CO.,LTD.Trading & Wholesale

Notice regarding the recognition of provision for doubtful accounts, provision for loss on construction contracts and loss on performance of guarantees, and the revision of the earnings forecast

The Company recognized provisions for doubtful accounts, provisions for loss on construction contracts and losses on performance of guarantees relating to 3 renewable energy power plant projects, and revised down its full-year earnings forecast for the fiscal year ending March 2027 to reflect the impact. While the revenue forecast was unchanged, operating profit and ordinary profit were forecast at ¥400 million, and net income was forecast to be a loss of ¥4,300 million.

Worth reading
77Important
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
-6000
Millions of yen
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 14 May 2026
Net Sales63,000→63,000Millions of yen
0.0%
Operating profit2,500→400Millions of yen
-84.0%
Ordinary income2,500→400Millions of yen
-84.0%
Profit attributable to owners of the parent1,700→-4,300Millions of yen
-352.9%
Net income per share65.08→-160.79Yen/sen
-347.1%

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

Because full-year earnings are expected to fall below the earnings forecast previously announced due to the reasons described above.

Details and amount of extraordinary loss

Provision for doubtful accounts: ¥3,123 million; loss on performance of guarantees: ¥719 million. Total: ¥3,842 million.

Previous-period resultsNet Sales ¥63,235 million / Operating profit ¥3,426 million / Ordinary income ¥4,045 million / Net income for the current fiscal year ¥2,513 million / Net income per share ¥96.34
Dividend forecast revisionNo revision. The interim dividend is expected to be ¥20 per share, and the annual dividend is expected to be ¥40 per share.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales63,000 Millions of yen → 63,000 Millions of yen(0.0%)
Operating profit2,500 Millions of yen → 400 Millions of yen
Ordinary income2,500 Millions of yen → 400 Millions of yen
Profit attributable to owners of the parent1,700 Millions of yen → -4,300 Millions of yen
Net income per share65.08 Yen/sen → -160.79 Yen/sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast14 May 2026
Previous-period resultsNet Sales ¥63,235 million / Operating profit ¥3,426 million / Ordinary income ¥4,045 million / Net income for the current fiscal year ¥2,513 million / Net income per share ¥96.34
Reason for the revisionBecause full-year earnings are expected to fall below the earnings forecast previously announced due to the reasons described above.
Details and amount of extraordinary lossProvision for doubtful accounts: ¥3,123 million; loss on performance of guarantees: ¥719 million. Total: ¥3,842 million.
Dividend forecast revisionNo revision. The interim dividend is expected to be ¥20 per share, and the annual dividend is expected to be ¥40 per share.
Consolidated / non-consolidatedConsolidated

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The Company recognized a provision for doubtful accounts of ¥3,123 million, a total provision for loss on construction contracts of ¥2,273 million and a loss on performance of guarantees of ¥719 million, due to uncollected receivables and expected future costs in Project 1, the deteriorating financial position of the contractor in Project 2, and claims for performance under a bank guarantee in Project 3.

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 the recognition of provision for doubtful accounts, provision for loss on construction contracts and loss on performance of guarantees, and the revision of the earnings forecast | TOKYO SANGYO CO.,LTD. (8070) timely disclosure | Komori