Notice Regarding Differences Between Consolidated Earnings Forecasts and Actual Results, Recording of Extraordinary Income and Losses, and Dividend from Surplus (No Dividend)
株式会社スマートバリュー and its consolidated subsidiary 株式会社ストークス
Fixed assets at the Osaka head office, fixed assets held by the Company, fixed assets held by 株式会社ストークス, and 株式会社ストークス' entertainment business
Entertainment revenue at 株式会社ストークス fell significantly below expectations; profitability declined substantially as net sales decreased; the recoverability of fixed assets was assessed; and part of the provision for losses on the business of an affiliated company was reversed as 株式会社ストークス' performance improved.
The variances from the consolidated earnings forecasts were: net sales, down ¥72 million; operating income, down ¥82 million; ordinary income, down ¥74 million; and net income attributable to owners of the parent, down ¥100 million. Extraordinary income included ¥35,137 thousand from the reversal of a provision for losses on the business of an affiliated company (recognized only in the non-consolidated financial statements and eliminated in the consolidated financial statements) and a gain on the sale of fixed assets of ¥4,336 thousand. Extraordinary losses included impairment losses of ¥58,647 thousand (¥59,156 thousand in the non-consolidated financial statements before adjustment for unrealized gains) and ¥14,998 thousand. The year-end dividend was ¥0.00 per share.
Fiscal year ending June 2026 (1 July 2025 to 30 June 2026)
There was a variance between the full-year consolidated earnings forecast and actual results for the fiscal year ended June 2026. Actual results after the variance were net sales of ¥5,864 million, operating income of ¥178 million, an ordinary loss of ¥708 million, and a net loss attributable to owners of the parent of ¥890 million.
The Company will work to resume dividend payments as soon as possible.
| Item | Details |
|---|---|
| Event name | Notice Regarding Differences Between Consolidated Earnings Forecasts and Actual Results, Recording of Extraordinary Income and Losses, and Dividend from Surplus (No Dividend) |
| Date of occurrence | 30 June 2026 (actual results for the fiscal year ended June 2026) and 14 August 2026 (date of the Board of Directors' resolution on the no-dividend decision and disclosure date) |
| Subject Entity | 株式会社スマートバリュー and its consolidated subsidiary 株式会社ストークス |
| Target Locations / Products | Fixed assets at the Osaka head office, fixed assets held by the Company, fixed assets held by 株式会社ストークス, and 株式会社ストークス' entertainment business |
| Cause | Entertainment revenue at 株式会社ストークス fell significantly below expectations; profitability declined substantially as net sales decreased; the recoverability of fixed assets was assessed; and part of the provision for losses on the business of an affiliated company was reversed as 株式会社ストークス' performance improved. |
| Amount of Impact on Business Performance | The variances from the consolidated earnings forecasts were: net sales, down ¥72 million; operating income, down ¥82 million; ordinary income, down ¥74 million; and net income attributable to owners of the parent, down ¥100 million. Extraordinary income included ¥35,137 thousand from the reversal of a provision for losses on the business of an affiliated company (recognized only in the non-consolidated financial statements and eliminated in the consolidated financial statements) and a gain on the sale of fixed assets of ¥4,336 thousand. Extraordinary losses included impairment losses of ¥58,647 thousand (¥59,156 thousand in the non-consolidated financial statements before adjustment for unrealized gains) and ¥14,998 thousand. The year-end dividend was ¥0.00 per share. |
| Accounting period in which recognized | Fiscal year ending June 2026 (1 July 2025 to 30 June 2026) |
| Impact on Earnings Forecast | There was a variance between the full-year consolidated earnings forecast and actual results for the fiscal year ended June 2026. Actual results after the variance were net sales of ¥5,864 million, operating income of ¥178 million, an ordinary loss of ¥708 million, and a net loss attributable to owners of the parent of ¥890 million. |
| Outlook | The Company will work to resume dividend payments as soon as possible. |
Items this document does not state (16)
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.Performance at consolidated subsidiary 株式会社ストークス was affected by entertainment revenue falling significantly below expectations, which reduced profitability as net sales declined. In addition, the Company recognized extraordinary losses, including impairment losses, and decided not to pay a dividend in light of the recognition of a net loss attributable to owners of the parent and negative retained earnings.