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Revision to earnings forecasts8439Tokyo Century CorporationFinancials (excluding banks)

Notice Regarding Revisions to the Full-Year Consolidated Earnings Forecast for the Fiscal Year Ending March 2027, Dividends of Surplus and the Year-End Dividend Forecast, etc.

The forecast for net income attributable to owners of the parent for the fiscal year ending March 2027 was revised upward from ¥123 billion to ¥145 billion. In addition, the interim dividend on common shares was raised to ¥52, the year-end dividend forecast to ¥52, and the annual dividend forecast to ¥104.

Worth reading
77Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
22000
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 11 May 2026
Profit attributable to owners of the parent123,000→145,000million
+17.9%
Net income per share251.66→296.06Yen and sen
+17.6%

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

The forecast includes extraordinary gains and other items associated with the transfer of 50% of the total issued shares of TC Skyward Aviation U.S., Inc. to ITOCHU Corporation. The Company also comprehensively considered the impact of this share transfer on earnings and the future business environment, among other factors. The expected amount has increased because the yen has depreciated against the exchange rate assumed as the basis for the calculation, among other factors.

Details and amount of extraordinary loss

Not disclosed (extraordinary gain associated with the sale of subsidiary shares: approximately ¥65 billion on a consolidated basis)

Previous-period resultsNet income attributable to owners of the parent: ¥111,299 million; basic earnings per share: ¥227.82 (fiscal year ended March 2026)
Dividend forecast revisionThe interim dividend on common shares was revised from ¥45 to ¥52, the year-end dividend forecast from ¥45 to ¥52, and the annual dividend forecast from ¥90 to ¥104. The year-end dividend forecast for class shares with characteristics of bonds is ¥4.75 per share.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Profit attributable to owners of the parent¥123,000 million → ¥145,000 million(17.9%)
Net income per share251.66 Yen and sen → 296.06 Yen and sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast11 May 2026
Previous-period resultsNet income attributable to owners of the parent: ¥111,299 million; basic earnings per share: ¥227.82 (fiscal year ended March 2026)
Reason for the revisionThe forecast includes extraordinary gains and other items associated with the transfer of 50% of the total issued shares of TC Skyward Aviation U.S., Inc. to ITOCHU Corporation. The Company also comprehensively considered the impact of this share transfer on earnings and the future business environment, among other factors. The expected amount has increased because the yen has depreciated against the exchange rate assumed as the basis for the calculation, among other factors.
Details and amount of extraordinary lossNot disclosed (extraordinary gain associated with the sale of subsidiary shares: approximately ¥65 billion on a consolidated basis)
Dividend forecast revisionThe interim dividend on common shares was revised from ¥45 to ¥52, the year-end dividend forecast from ¥45 to ¥52, and the annual dividend forecast from ¥90 to ¥104. The year-end dividend forecast for class shares with characteristics of bonds is ¥4.75 per share.
Consolidated / non-consolidatedConsolidated
Items this document does not state (3)
Net SalesOperating profitOrdinary income

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.

This reflects an increase in extraordinary gains associated with the transfer of 50% of the shares of consolidated subsidiary TC Skyward Aviation U.S., Inc. to ITOCHU Corporation, as well as a comprehensive consideration of the future business environment and other factors. The expected amount has increased because the yen has depreciated more than assumed, among other factors.

How to read this page

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Notice Regarding Revisions to the Full-Year Consolidated Earnings Forecast for the Fiscal Year Ending March 2027, Dividends of Surplus and the Year-End Dividend Forecast, etc. | Tokyo Century Corporation (8439) timely disclosure | Komori