Notice Regarding the Recognition of an Extraordinary Loss (Consolidated and Non-Consolidated) and the Revision of the Full-Year Consolidated Earnings Forecast for the Fiscal Year Ending September 2026
株式会社ＣＳ－Ｃ and its consolidated subsidiary 株式会社ＣＳ－Ｒ
The inbound-focused restaurant and food-experience reservation service "JAPAN FOOD GUIDE" and its new and existing locations
The fact that "JAPAN FOOD GUIDE" has not yet been monetized, the financial condition and recoverability of 株式会社ＣＳ－Ｒ, and the substantial decline in the real value of the shares of that company
Impairment loss of ¥78 million (consolidated and non-consolidated, extraordinary loss), provision for allowance for doubtful accounts of ¥80 million (non-consolidated, extraordinary loss), and valuation loss on shares of an affiliated company of ¥60 million (non-consolidated, extraordinary loss). The combined ¥140 million provision for allowance for doubtful accounts and valuation loss on shares of an affiliated company will be eliminated in the consolidated accounts.
The fourth quarter of the fiscal year ending September 2026 (impairment loss on JAPAN FOOD GUIDE) and the fiscal year ending September 2026 (provision for allowance for doubtful accounts and valuation loss on shares of an affiliated company)
The full-year consolidated earnings forecast for the fiscal year ending September 2026 has been revised. The revised forecast is consolidated net sales of ¥4,109 million, a consolidated operating loss of ¥215 million, a consolidated ordinary loss of ¥205 million, net loss attributable to owners of the parent of ¥303 million, and consolidated basic loss per share of ¥45.53.
The amount is Not disclosed. The counterparty is 株式会社ＣＳ－Ｒ, and the Company expects to record a provision for allowance for doubtful accounts of ¥80 million for loans to that company.
Company response
Active efforts to acquire new locations for "JAPAN FOOD GUIDE". Operations at existing locations will continue.
The business scale of "JAPAN FOOD GUIDE" will be reduced by ceasing active efforts to acquire new locations while continuing to operate existing locations. The Company expects to recognize each extraordinary loss in the financial statements for the fiscal year ending September 2026.
| Item | Details |
|---|---|
| Event name | Notice Regarding the Recognition of an Extraordinary Loss (Consolidated and Non-Consolidated) and the Revision of the Full-Year Consolidated Earnings Forecast for the Fiscal Year Ending September 2026 |
| Subject Entity | 株式会社ＣＳ－Ｃ and its consolidated subsidiary 株式会社ＣＳ－Ｒ |
| Target Locations / Products | The inbound-focused restaurant and food-experience reservation service "JAPAN FOOD GUIDE" and its new and existing locations |
| Cause | The fact that "JAPAN FOOD GUIDE" has not yet been monetized, the financial condition and recoverability of 株式会社ＣＳ－Ｒ, and the substantial decline in the real value of the shares of that company |
| Amount of Impact on Business Performance | Impairment loss of ¥78 million (consolidated and non-consolidated, extraordinary loss), provision for allowance for doubtful accounts of ¥80 million (non-consolidated, extraordinary loss), and valuation loss on shares of an affiliated company of ¥60 million (non-consolidated, extraordinary loss). The combined ¥140 million provision for allowance for doubtful accounts and valuation loss on shares of an affiliated company will be eliminated in the consolidated accounts. |
| Accounting period in which recognized | The fourth quarter of the fiscal year ending September 2026 (impairment loss on JAPAN FOOD GUIDE) and the fiscal year ending September 2026 (provision for allowance for doubtful accounts and valuation loss on shares of an affiliated company) |
| Impact on Earnings Forecast | The full-year consolidated earnings forecast for the fiscal year ending September 2026 has been revised. The revised forecast is consolidated net sales of ¥4,109 million, a consolidated operating loss of ¥215 million, a consolidated ordinary loss of ¥205 million, net loss attributable to owners of the parent of ¥303 million, and consolidated basic loss per share of ¥45.53. |
| Amount of receivables at risk of non-collection or delayed collection | The amount is Not disclosed. The counterparty is 株式会社ＣＳ－Ｒ, and the Company expects to record a provision for allowance for doubtful accounts of ¥80 million for loans to that company. |
| Suspended operations | Active efforts to acquire new locations for "JAPAN FOOD GUIDE". Operations at existing locations will continue. |
| Outlook | The business scale of "JAPAN FOOD GUIDE" will be reduced by ceasing active efforts to acquire new locations while continuing to operate existing locations. The Company expects to recognize each extraordinary loss in the financial statements for the fiscal year ending September 2026. |
Items this document does not state (15)
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.Because "JAPAN FOOD GUIDE" has not yet been monetized, the business will be scaled back. Following a review of future cash flows, the Company expects to recognize an impairment loss. Net sales are expected to increase as 株式会社ごっつ and perzik株式会社 become consolidated subsidiaries through M&A and as the marketing support services expand, while profit is expected to deteriorate due to initial investments in new locations for the brick-and-mortar business, one-time expenses associated with M&A, and increased sales of services with high cost ratios.