Komori
Revision of earnings forecasts8850STARTS CORPORATION INC.Real Estate

Notice Regarding the Earnings Forecast of the Company's Subsidiary, Starts Publishing Corporation

The subsidiary, Starts Publishing Corporation, reported that its actual results for the interim period of the fiscal year ending December 2026 were below its previous forecast and lowered its full-year forecast, including sales to ¥8,200 million and operating income to ¥1,300 million. The consolidated earnings forecast for the fiscal year ending March 2027 of the parent company, スターツコーポレーション, remains unchanged.

Worth reading
67In 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
-700
¥ million (change in full-year operating income)
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending December 2026 · Full yearPrevious forecast published 12 February 2026
Net Sales9,000→8,200million
-8.9%
Operating profit2,000→1,300million
-35.0%
Ordinary income2,160→1,480million
-31.5%
Profit attributable to owners of the parent1,500→1,030million
-31.3%
Net income per share390.67→270.13yen and sen
-30.9%

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

Orders for book sales and PR and sales-promotion solutions for commercial facilities and other properties were below expectations, while upfront investment in comics continued, manufacturing costs rose due to higher prices, and advertising and promotional expenses for “OZ Premium Reservation” increased. The full-year forecast was revised based on the policy of pursuing cost reductions, including a review of advertising and promotional methods, while continuing upfront investment in comics, as well as on recent business trends.

Previous-period resultsNet Sales ¥8,143 million (yen and sen for net income per share) / Operating profit ¥1,756 million (yen and sen for net income per share) / Ordinary income ¥1,876 million (yen and sen for net income per share) / Net income for the current fiscal year ¥1,377 million (yen and sen for net income per share) / Net income per share ¥358.7 million (yen and sen for net income per share) / Subject Fiscal year ending December 2025
Consolidated / non-consolidatedSubsidiary standalone
Revised forecast
ItemDetails
Net Sales¥9,000 million → ¥8,200 million(-8.9%)
Operating profit¥2,000 million → ¥1,300 million(-35.0%)
Ordinary income¥2,160 million → ¥1,480 million(-31.5%)
Profit attributable to owners of the parent¥1,500 million → ¥1,030 million(-31.3%)
Net income per share390.67 yen and sen → 270.13 yen and sen
Fiscal Period CoveredFiscal year ending December 2026
Period CoveredFull year
Publication date of previous forecast12 February 2026
Previous-period resultsNet Sales ¥8,143 million (yen and sen for net income per share) / Operating profit ¥1,756 million (yen and sen for net income per share) / Ordinary income ¥1,876 million (yen and sen for net income per share) / Net income for the current fiscal year ¥1,377 million (yen and sen for net income per share) / Net income per share ¥358.7 million (yen and sen for net income per share) / Subject Fiscal year ending December 2025
Reason for the revisionOrders for book sales and PR and sales-promotion solutions for commercial facilities and other properties were below expectations, while upfront investment in comics continued, manufacturing costs rose due to higher prices, and advertising and promotional expenses for “OZ Premium Reservation” increased. The full-year forecast was revised based on the policy of pursuing cost reductions, including a review of advertising and promotional methods, while continuing upfront investment in comics, as well as on recent business trends.
Consolidated / non-consolidatedSubsidiary standalone
Items this document does not state (2)
Details and amount of extraordinary lossDividend 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.

Orders for book sales and PR and sales-promotion solutions for commercial facilities and other properties were below expectations. In addition, the company made upfront investments to expand the number of comic titles published, manufacturing costs rose due to higher prices, and advertising and promotional expenses for “OZ Premium Reservation” increased. The full-year forecast was revised based on the policy of pursuing cost reductions, including a review of advertising and promotional methods, while continuing upfront investment in comics, as well as on recent business trends.

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 Earnings Forecast of the Company's Subsidiary, Starts Publishing Corporation | STARTS CORPORATION INC. (8850) timely disclosure | Komori