Komori
Revision to earnings forecasts8518Japan Asia Investment Company,LimitedFinancials (excluding banks)

Notice Regarding Revisions to the "Forecast Figures Under the Former Consolidated Accounting Standards"

The "forecast figures based on the previous consolidation basis" for the fiscal year ending March 2027 were revised downward. Operating revenue was changed from ¥3,000 million to ¥1,350 million, and each profit item was changed from a forecast profit to a forecast loss. The revised figures incorporate sluggish sales of listed shares and slower growth in asset management fees, as well as provisions for investees and losses associated with asset replacement.

Worth reading
64In focus
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
-55
% (change in operating revenue)
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 15 May 2026
Net Sales3,000→1,350millions
-55.0%
Operating profit350→-2,100millions
-700.0%
Ordinary income250→-2,150millions
-960.0%
Profit attributable to owners of the parent300→-2,200millions
-833.3%
Net income per share11.57→-76.65
-762.5%

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 listed shares are expected to fall below forecast because share prices were lower than assumed and investments in suitable investees fell short of plan. Delays in the sale of existing properties by a subsidiary held back collaboration, and asset management fees and related costs are also expected to fall below forecast. In addition, the company recorded provisions for investee companies and total losses of ¥1.3 billion related to the monetisation of logistics facility-related and plant factory-related assets.

Details and amount of extraordinary loss

Provisions for investee companies whose performance deteriorated during a prolonged investment period (provision amount not disclosed), and total losses of ¥1.3 billion related to the monetisation of logistics facility-related and plant factory-related assets

Previous-period resultsFiscal year ended March 2026: operating revenue ¥1,320 million, operating loss ¥310 million, ordinary loss ¥378 million, net loss attributable to owners of the parent ¥214 million, loss per share ¥9.33
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥3,000 millions → ¥1,350 millions(-55.0%)
Operating profit¥350 millions → ¥-2,100 millions
Ordinary income¥250 millions → ¥-2,150 millions
Profit attributable to owners of the parent¥300 millions → ¥-2,200 millions
Net income per share¥11.57 → ¥-76.65
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast15 May 2026
Previous-period resultsFiscal year ended March 2026: operating revenue ¥1,320 million, operating loss ¥310 million, ordinary loss ¥378 million, net loss attributable to owners of the parent ¥214 million, loss per share ¥9.33
Reason for the revisionSales of listed shares are expected to fall below forecast because share prices were lower than assumed and investments in suitable investees fell short of plan. Delays in the sale of existing properties by a subsidiary held back collaboration, and asset management fees and related costs are also expected to fall below forecast. In addition, the company recorded provisions for investee companies and total losses of ¥1.3 billion related to the monetisation of logistics facility-related and plant factory-related assets.
Details and amount of extraordinary lossProvisions for investee companies whose performance deteriorated during a prolonged investment period (provision amount not disclosed), and total losses of ¥1.3 billion related to the monetisation of logistics facility-related and plant factory-related assets
Consolidated / non-consolidatedConsolidated
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 listed shares are expected to fall below forecast because share prices were lower than assumed and investments in issues that could have achieved investment and sale during the period did not progress as expected. The sale of existing properties by a subsidiary also took longer than expected, delaying collaboration and resulting in lower-than-expected asset management fees and related costs. The forecast also incorporates provisions for investee companies and losses on the monetisation of logistics facility-related and plant factory-related 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 Regarding Revisions to the "Forecast Figures Under the Former Consolidated Accounting Standards" | Japan Asia Investment Company,Limited (8518) timely disclosure | Komori