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Revision of earnings forecasts9433KDDI CORPORATIONInformation and Communications, Services and Others

Notice Regarding Revisions to Full-Year Consolidated Earnings Forecast

The full-year consolidated earnings forecast for the fiscal year ending March 2026 has been revised downward, reducing forecast net sales, operating profit, profit attributable to owners of the parent, and earnings per share.

Worth reading
64In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-270000
¥ million
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 14 May 2025
Net Sales6,330,000→6,060,000million
-4.3%
Operating profit1,178,000→1,090,000million
-7.5%
Profit attributable to owners of the parent748,000→698,000million
-6.7%
Net income per share194.38→181.23yen and sen
-6.8%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

The Special Investigation Committee’s investigation found fictitious recording of sales and cost of sales, among other issues, in the advertising agency business of the subsidiary concerned. The Company expects to cancel sales and cost of sales and recognize losses on agency fees. In addition, it expects a decline in total smartphone sales, lower energy revenue and other factors, as well as an impairment loss resulting from a decline in the recoverable amount of sales commission assets associated with a review of its sales strategy.

Details and amount of extraordinary loss

Impairment loss: ¥50 billion (expected to be recognized)

Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥6,330,000 million → ¥6,060,000 million(-4.3%)
Operating profit¥1,178,000 million → ¥1,090,000 million(-7.5%)
Profit attributable to owners of the parent¥748,000 million → ¥698,000 million(-6.7%)
Net income per share194.38 yen and sen → 181.23 yen and sen(-6.8%)
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast14 May 2025
Reason for the revisionThe Special Investigation Committee’s investigation found fictitious recording of sales and cost of sales, among other issues, in the advertising agency business of the subsidiary concerned. The Company expects to cancel sales and cost of sales and recognize losses on agency fees. In addition, it expects a decline in total smartphone sales, lower energy revenue and other factors, as well as an impairment loss resulting from a decline in the recoverable amount of sales commission assets associated with a review of its sales strategy.
Details and amount of extraordinary lossImpairment loss: ¥50 billion (expected to be recognized)
Consolidated / non-consolidatedConsolidated
Items this document does not state (3)
Ordinary incomePrevious-period resultsDividend 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.

Improper transactions were identified in the advertising agency businesses of BIGLOBE and G-PLAN, and the Company expects to cancel sales and cost of sales and recognize losses on agency fees. In addition, the Company expects a decline in total smartphone sales, lower energy revenue, and an impairment loss of ¥50 billion on sales commission assets associated with a review of its sales strategy.

How to read this page

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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 Full-Year Consolidated Earnings Forecast | KDDI CORPORATION (9433) timely disclosure | Komori