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Revision of earnings forecasts9468KADOKAWA CORPORATIONInformation and Communications, Services and Others

Notice Regarding Revisions to the Earnings Forecast

For the full-year consolidated forecast for the fiscal year ending March 2027, the forecasts for net sales, operating income and ordinary income remain unchanged, while forecast net income attributable to owners of the parent has been lowered from ¥5.8 billion to ¥1 billion. The main reason is an extraordinary loss associated with the early retirement program.

Worth reading
76Important
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
-4800
¥ million
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 14 May 2026
Net Sales300,300→300,300million
0.0%
Operating profit10,100→10,100million
0.0%
Ordinary income12,000→12,000million
0.0%
Profit attributable to owners of the parent5,800→1,000million
-82.8%
Net income per share39.46→6.8yen and sen
-82.8%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

Although results for the cumulative first quarter of the current fiscal year progressed largely as expected, an extraordinary loss of approximately ¥5.4 billion was incurred as a result of the special program for soliciting early retirements. The program is expected to reduce personnel expenses by approximately ¥1.1 billion from the second quarter onward, but the forecasts for operating income and ordinary income have not been changed.

Details and amount of extraordinary loss

Extraordinary loss resulting from the special program for soliciting early retirements: approximately ¥5.4 billion

Previous-period resultsNet sales: ¥282,908 million; operating income: ¥8,102 million; ordinary income: ¥11,701 million; net income attributable to owners of the parent: ¥1,278 million; earnings per share: ¥8.71
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥300,300 million → ¥300,300 million(0.0%)
Operating profit¥10,100 million → ¥10,100 million(0.0%)
Ordinary income¥12,000 million → ¥12,000 million(0.0%)
Profit attributable to owners of the parent¥5,800 million → ¥1,000 million(-82.8%)
Net income per share39.46 yen and sen → 6.8 yen and sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast14 May 2026
Previous-period resultsNet sales: ¥282,908 million; operating income: ¥8,102 million; ordinary income: ¥11,701 million; net income attributable to owners of the parent: ¥1,278 million; earnings per share: ¥8.71
Reason for the revisionAlthough results for the cumulative first quarter of the current fiscal year progressed largely as expected, an extraordinary loss of approximately ¥5.4 billion was incurred as a result of the special program for soliciting early retirements. The program is expected to reduce personnel expenses by approximately ¥1.1 billion from the second quarter onward, but the forecasts for operating income and ordinary income have not been changed.
Details and amount of extraordinary lossExtraordinary loss resulting from the special program for soliciting early retirements: approximately ¥5.4 billion
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Dividend 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.

Although results for the cumulative first quarter of the current fiscal year progressed largely as expected, an extraordinary loss of approximately ¥5.4 billion was incurred as a result of the special program for soliciting early retirements. Accordingly, the forecast for net income attributable to owners of the parent has been revised. The program is expected to reduce personnel expenses by approximately ¥1.1 billion from the second quarter onward, but the forecasts for operating income and ordinary income have not been changed.

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Notice Regarding Revisions to the Earnings Forecast | KADOKAWA CORPORATION (9468) timely disclosure | Komori