Recording of an extraordinary loss (loss on valuation of shares in an affiliated company) in non-consolidated financial results and differences between the consolidated earnings forecast and actual results
TOKYO THEATRES COMPANY,INCORPORATED (the reporting company; the shares subject to valuation are those of its consolidated subsidiary ㈱アクシー)
Shares in the consolidated subsidiary ㈱アクシー
The shares' net asset value declined based on an assessment of ㈱アクシー's operating performance. The difference in consolidated results was mainly due to both the number of units sold and the profit margin in the business of renovating and reselling used condominiums exceeding plan amid favorable real estate market conditions.
¥264 million (loss on valuation of shares in an affiliated company, recorded as an extraordinary loss in the non-consolidated financial statements). There is no impact on the consolidated financial statements.
Fourth quarter of the fiscal year ending March 2026 (1 April 2025 to 31 March 2026)
Differences arose between the previously announced forecast and actual results. Revenue was ¥20,655 million, compared with the forecast of ¥18,200 million (variance: ¥2,455 million, 13.5%); operating profit was ¥334 million, compared with ¥50 million (¥284 million, 569.0%); ordinary profit was ¥405 million, compared with ¥50 million (¥355 million, 710.7%); and profit attributable to owners of the parent was ¥833 million, compared with ¥600 million (¥233 million, 39.0%).
| Item | Details |
|---|---|
| Event name | Recording of an extraordinary loss (loss on valuation of shares in an affiliated company) in non-consolidated financial results and differences between the consolidated earnings forecast and actual results |
| Subject Entity | TOKYO THEATRES COMPANY,INCORPORATED (the reporting company; the shares subject to valuation are those of its consolidated subsidiary ㈱アクシー) |
| Target Locations / Products | Shares in the consolidated subsidiary ㈱アクシー |
| Cause | The shares' net asset value declined based on an assessment of ㈱アクシー's operating performance. The difference in consolidated results was mainly due to both the number of units sold and the profit margin in the business of renovating and reselling used condominiums exceeding plan amid favorable real estate market conditions. |
| Amount of Impact on Business Performance | ¥264 million (loss on valuation of shares in an affiliated company, recorded as an extraordinary loss in the non-consolidated financial statements). There is no impact on the consolidated financial statements. |
| Accounting period in which recognized | Fourth quarter of the fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Impact on Earnings Forecast | Differences arose between the previously announced forecast and actual results. Revenue was ¥20,655 million, compared with the forecast of ¥18,200 million (variance: ¥2,455 million, 13.5%); operating profit was ¥334 million, compared with ¥50 million (¥284 million, 569.0%); ordinary profit was ¥405 million, compared with ¥50 million (¥355 million, 710.7%); and profit attributable to owners of the parent was ¥833 million, compared with ¥600 million (¥233 million, 39.0%). |
Items this document does not state (18)
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 loss on valuation of shares in an affiliated company was recognized because the shares' net asset value declined based on an assessment of ㈱アクシー's operating performance. Consolidated results exceeded the forecast mainly because, amid favorable real estate market conditions, both the number of units sold and the profit margin in the business of renovating and reselling used condominiums exceeded plan.