KLASS lowered its consolidated ordinary profit forecast for the fiscal year ending September 2026 from the previous forecast, and now expects profit to decline 16.4%. It also expects ordinary profit for the second half to swing into the red.
KLASS announced a revision to its earnings after the market close on 6 November, lowering its consolidated ordinary profit forecast for the fiscal year ending September 2026 from the previous forecast of ¥370 million to ¥209 million. Since ordinary profit was ¥250 million in the same period of the previous year, the company revised its full-year forecast downward by 43.5% and now expects profit to decline 16.4%.
Based on the revised full-year plan, ordinary profit for the April-September period (second half) was estimated at a ¥14 million loss, down from the previous forecast of a ¥147 million profit. The same period of the previous year was profitable.
This article was prepared based on numerical data released by the company and advises investors to check official materials, such as the earnings summary, before making investment decisions.