Notice Regarding Differences Between Full-Year Consolidated Earnings Forecasts and Actual Results for the Fiscal Year Ending March 2026, Recognition of Extraordinary Losses, and Revisions to the Dividend Forecast
CROPS CORPORATION (filing company) and JOBLINKS CORPORATION
Mobile telecommunications business, store subleasing business, real estate sales business, and overseas business (Vietnam)
Increased sales revenue in the mobile telecommunications and store subleasing businesses, the sale of large, highly profitable properties in the real estate sales business, and deterioration in JOBLINKS CORPORATION's earnings outlook due to changes to regulations in Vietnam
Goodwill impairment losses and other items were recognized as extraordinary losses. Consolidated net income attributable to owners of the parent was ¥926 million, down ¥251 million from the previous forecast. The amount of the extraordinary losses recognized is Not disclosed.
Fiscal year ending March 2026 (1 April 2025 to 31 March 2026)
Consolidated actual results were net sales of ¥67,497 million, operating income of ¥3,601 million, ordinary income of ¥3,723 million, and net income attributable to owners of the parent of ¥926 million. Standalone actual results were net sales of ¥29,586 million, ordinary income of ¥1,260 million, and net income attributable to owners of the parent of ¥26 million. The year-end dividend forecast was revised from ¥25 to ¥29 per share, and the full-year dividend forecast was revised from ¥25 to ¥29 per share.
The year-end dividend for the fiscal year ending March 2026 will be ¥29 per share. The dividend policy will be to provide stable shareholder returns, with a DOE of 2% as a benchmark.
| Item | Details |
|---|---|
| Event name | Notice Regarding Differences Between Full-Year Consolidated Earnings Forecasts and Actual Results for the Fiscal Year Ending March 2026, Recognition of Extraordinary Losses, and Revisions to the Dividend Forecast |
| Date of occurrence | 13 May 2026 (date of public announcement of the revisions to the earnings and dividend forecasts; the individual recognition date of the extraordinary loss is Not disclosed) |
| Subject Entity | CROPS CORPORATION (filing company) and JOBLINKS CORPORATION |
| Target Locations / Products | Mobile telecommunications business, store subleasing business, real estate sales business, and overseas business (Vietnam) |
| Cause | Increased sales revenue in the mobile telecommunications and store subleasing businesses, the sale of large, highly profitable properties in the real estate sales business, and deterioration in JOBLINKS CORPORATION's earnings outlook due to changes to regulations in Vietnam |
| Amount of Impact on Business Performance | Goodwill impairment losses and other items were recognized as extraordinary losses. Consolidated net income attributable to owners of the parent was ¥926 million, down ¥251 million from the previous forecast. The amount of the extraordinary losses recognized is Not disclosed. |
| Accounting period in which recognized | Fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Impact on Earnings Forecast | Consolidated actual results were net sales of ¥67,497 million, operating income of ¥3,601 million, ordinary income of ¥3,723 million, and net income attributable to owners of the parent of ¥926 million. Standalone actual results were net sales of ¥29,586 million, ordinary income of ¥1,260 million, and net income attributable to owners of the parent of ¥26 million. The year-end dividend forecast was revised from ¥25 to ¥29 per share, and the full-year dividend forecast was revised from ¥25 to ¥29 per share. |
| Outlook | The year-end dividend for the fiscal year ending March 2026 will be ¥29 per share. The dividend policy will be to provide stable shareholder returns, with a DOE of 2% as a benchmark. |
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.Operating income and ordinary income exceeded the plan because sales revenue increased in the mobile telecommunications and store subleasing businesses, and large, highly profitable properties were sold in the real estate sales business. However, JOBLINKS CORPORATION's earnings outlook deteriorated following changes to regulations in Vietnam, and goodwill impairment losses and other items were recognized as extraordinary losses. As a result, net income attributable to owners of the parent fell below the forecast. The dividend forecast was revised based on the policy of stable shareholder returns with a DOE of 2% as a benchmark and the revision to the earnings forecast.