Komori
Revision of earnings forecasts9708Imperial Hotel,Ltd.Information and Communications, Services and Others

Notice Regarding the Recognition of Deferred Tax Assets and Variances from Earnings Forecasts

Actual results for the fiscal year ending March 2026 exceeded the full-year forecast announced on 27 March 2026. In particular, recognition of deferred tax assets resulted in net income attributable to owners of the parent increasing by ¥1,890 million, or 78.8%, compared with the forecast.

Worth reading
54Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
1890
¥ million
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 27 March 2026
Net Sales56,100→56,267million
+0.3%
Operating profit2,000→2,126million
+6.3%
Ordinary income2,500→2,664million
+6.6%
Profit attributable to owners of the parent2,400→4,290million
+78.8%
Net income per share20.26→36.22yen and sen
+78.8%

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

Following a careful assessment of the recoverability of deferred tax assets based on the earnings outlook for the fiscal year ending March 2027 and the details of the revisions to the medium- to long-term management plan, deferred tax assets were recognized. As a result, net income attributable to owners of the parent significantly exceeded the previous forecast.

Previous-period resultsNet sales ¥52,610 million, operating income ¥1,590 million, ordinary income ¥2,062 million, net income attributable to owners of the parent ¥2,585 million, earnings per share ¥21.79
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥56,100 million → ¥56,267 million(+0.3%)
Operating profit¥2,000 million → ¥2,126 million(+6.3%)
Ordinary income¥2,500 million → ¥2,664 million(+6.6%)
Profit attributable to owners of the parent¥2,400 million → ¥4,290 million(+78.8%)
Net income per share20.26 yen and sen → 36.22 yen and sen
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast27 March 2026
Previous-period resultsNet sales ¥52,610 million, operating income ¥1,590 million, ordinary income ¥2,062 million, net income attributable to owners of the parent ¥2,585 million, earnings per share ¥21.79
Reason for the revisionFollowing a careful assessment of the recoverability of deferred tax assets based on the earnings outlook for the fiscal year ending March 2027 and the details of the revisions to the medium- to long-term management plan, deferred tax assets were recognized. As a result, net income attributable to owners of the parent significantly exceeded the previous forecast.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend 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.

Following a careful assessment of the recoverability of deferred tax assets based on the earnings outlook for the fiscal year ending March 2027 and the revised medium- to long-term management plan, deferred tax assets were recognized. As a result, income taxes—deferred amounted to negative ¥1,826 million, and net income significantly exceeded the previous forecast.

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Notice Regarding the Recognition of Deferred Tax Assets and Variances from Earnings Forecasts | Imperial Hotel,Ltd. (9708) timely disclosure | Komori