Full-year earnings forecast revised downward
e-LogiT co.,ltd. (the Company)
Osaka Fulfillment Center, Northmall business (mail-order business), and certain sites
A decline in the volume handled for existing customers, new customer acquisition falling short of the initial plan, increased fixed-cost burdens, and higher costs such as labor expenses. The disclosure also cites fixed-cost burdens resulting from lower utilization at certain sites, higher labor expenses due to increases in the minimum wage and other factors, and losses from the Northmall business.
Impairment loss of ¥273.224 million (extraordinary loss), interim net loss of ¥582.341 million, and projected full-year net loss of ¥950 million
The impairment loss relates to the interim accounting period of the fiscal year ending March 2027 (1 April 2026 to 30 September 2026), and the full-year earnings forecast relates to the fiscal year ending March 2027.
Yes. The full-year earnings forecast was revised downward to revenue of ¥8.2 billion, an operating loss of ¥660 million, an ordinary loss of ¥660 million, a net loss of ¥950 million, and a net loss per share of ¥59.96.
Company response
Closed the Osaka Fulfillment Center at the end of the previous fiscal year
The Company will work to enhance profitability management, optimize transaction terms, improve the productivity of site operations, eliminate vacant capacity, optimize business operations, strengthen cooperation with partner companies, review fixed costs, improve operational efficiency, enhance budget and cash management, establish a management accounting framework, strengthen governance, and stabilize its financial base. The measures are still being implemented, and there is uncertainty regarding when their effects will emerge and the extent of those effects.
| Item | Details |
|---|---|
| Event name | Full-year earnings forecast revised downward |
| Date of occurrence | 13 November 2026 (date of announcement of the earnings forecast revision) |
| Subject Entity | e-LogiT co.,ltd. (the Company) |
| Target Locations / Products | Osaka Fulfillment Center, Northmall business (mail-order business), and certain sites |
| Cause | A decline in the volume handled for existing customers, new customer acquisition falling short of the initial plan, increased fixed-cost burdens, and higher costs such as labor expenses. The disclosure also cites fixed-cost burdens resulting from lower utilization at certain sites, higher labor expenses due to increases in the minimum wage and other factors, and losses from the Northmall business. |
| Amount of Impact on Business Performance | Impairment loss of ¥273.224 million (extraordinary loss), interim net loss of ¥582.341 million, and projected full-year net loss of ¥950 million |
| Accounting period in which recognized | The impairment loss relates to the interim accounting period of the fiscal year ending March 2027 (1 April 2026 to 30 September 2026), and the full-year earnings forecast relates to the fiscal year ending March 2027. |
| Impact on Earnings Forecast | Yes. The full-year earnings forecast was revised downward to revenue of ¥8.2 billion, an operating loss of ¥660 million, an ordinary loss of ¥660 million, a net loss of ¥950 million, and a net loss per share of ¥59.96. |
| Suspended operations | Closed the Osaka Fulfillment Center at the end of the previous fiscal year |
| Outlook | The Company will work to enhance profitability management, optimize transaction terms, improve the productivity of site operations, eliminate vacant capacity, optimize business operations, strengthen cooperation with partner companies, review fixed costs, improve operational efficiency, enhance budget and cash management, establish a management accounting framework, strengthen governance, and stabilize its financial base. The measures are still being implemented, and there is uncertainty regarding when their effects will emerge and the extent of those effects. |
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.The improvement in profitability is expected to take longer than initially anticipated because the volume handled for existing customers declined, new customer acquisition fell short of the initial plan, fixed-cost burdens increased, and costs such as labor expenses rose. The impairment loss was recognized after comprehensively considering the business environment and the outlook for future performance.