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Revision to earnings forecasts9173Tokai Kisen Co.,Ltd.Transportation and logistics

Notice Regarding Revisions to the Full-Year Earnings Forecast for the Fiscal Year Ending December 2026

For the fiscal year ending December 2026, the consolidated forecast was revised to increase revenue by ¥350 million while reducing operating profit by ¥30 million, ordinary profit by ¥90 million and net income attributable to owners of the parent by ¥30 million. In the non-consolidated forecast, revenue was reduced by ¥30 million, and each profit figure was also reduced.

Worth reading
65In focus
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Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-34.6
% (change in consolidated ordinary profit)
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending December 2026 · Full yearPrevious forecast published 12 February 2026
Net Sales14,820→15,170Millions of yen
+2.4%
Operating profit260→230Millions of yen
-11.5%
Ordinary income260→170Millions of yen
-34.6%
Profit attributable to owners of the parent160→130Millions of yen
-18.7%
Net income per share72.91→59.24Yen and sen
-18.7%

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 full-year earnings forecast will be revised due to orders suspending the use of certain vessels; persistent rain and approaching typhoons in September; extraordinary losses including investigation costs and other expenses related to the special investigation committee; costs expected in the fourth quarter for reviewing the safety management system and other measures; and lower revenue and extraordinary losses for related expenses arising from the administrative sanctions.

Details and amount of extraordinary loss

Investigation costs and other expenses related to the special investigation committee, and related expenses arising from the administrative sanctions. No amount disclosed.

Previous-period resultsConsolidated: revenue ¥14,288 million, operating profit ¥523 million, ordinary profit ¥445 million, net income attributable to owners of the parent ¥368 million, earnings per share ¥167.70. Non-consolidated: revenue ¥10,317 million, operating profit ¥284 million, ordinary profit ¥304 million, net income ¥347 million, earnings per share ¥158.50.
Consolidated / non-consolidatedConsolidated / non-consolidated (standalone)
Revised forecast
ItemDetails
Net Sales14,820 Millions of yen → 15,170 Millions of yen(+2.4%)
Operating profit260 Millions of yen → 230 Millions of yen(-11.5%)
Ordinary income260 Millions of yen → 170 Millions of yen(-34.6%)
Profit attributable to owners of the parent160 Millions of yen → 130 Millions of yen(-18.7%)
Net income per share72.91 Yen and sen → 59.24 Yen and sen
Fiscal Period CoveredFiscal year ending December 2026
Period CoveredFull year
Publication date of previous forecast12 February 2026
Previous-period resultsConsolidated: revenue ¥14,288 million, operating profit ¥523 million, ordinary profit ¥445 million, net income attributable to owners of the parent ¥368 million, earnings per share ¥167.70. Non-consolidated: revenue ¥10,317 million, operating profit ¥284 million, ordinary profit ¥304 million, net income ¥347 million, earnings per share ¥158.50.
Reason for the revisionThe full-year earnings forecast will be revised due to orders suspending the use of certain vessels; persistent rain and approaching typhoons in September; extraordinary losses including investigation costs and other expenses related to the special investigation committee; costs expected in the fourth quarter for reviewing the safety management system and other measures; and lower revenue and extraordinary losses for related expenses arising from the administrative sanctions.
Details and amount of extraordinary lossInvestigation costs and other expenses related to the special investigation committee, and related expenses arising from the administrative sanctions. No amount disclosed.
Consolidated / non-consolidatedConsolidated / non-consolidated (standalone)
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.

The revision reflects lower revenue resulting from orders suspending the use of certain vessels; persistent rain and approaching typhoons in September; extraordinary losses including investigation costs and other expenses related to the special investigation committee; costs expected in the fourth quarter for reviewing the safety management system, strengthening alcohol management, crew training, external audits, internal controls and governance; and extraordinary losses related to the administrative sanctions.

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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 Full-Year Earnings Forecast for the Fiscal Year Ending December 2026 | Tokai Kisen Co.,Ltd. (9173) timely disclosure | Komori