KNT-CT Holdings has revised downward its full-year consolidated earnings forecast for the fiscal year ending March 2027. The factors cited include the impact of prolonged tensions in the Middle East, declining inbound tourism demand and higher costs from integrating 4 companies.
KNT-CT Holdings announced that it had lowered its full-year consolidated earnings forecast for the fiscal year ending March 2027 from its previous forecast. Revenue was revised from ¥307 billion to ¥302 billion, operating profit from ¥6.2 billion to ¥5 billion, ordinary profit from ¥7 billion to ¥6.2 billion, and net income attributable to owners of parent from ¥6 billion to ¥5 billion.
The main factors behind the revision were said to include the impact of prolonged tensions in the Middle East, sluggish growth in domestic travel and declining inbound tourism demand amid worsening Japan-China relations. The company also explained that higher costs associated with integrating 4 companies in preparation for the business restructuring scheduled for 1 April next year had an impact.
For the previous fiscal year, the fiscal year ended March 2026, revenue was ¥297.065 billion, operating profit was ¥6.071 billion, ordinary profit was ¥7.555 billion, and net income attributable to owners of parent was ¥9.682 billion.
The downward revision reflects the view that the cost burden associated with integrating 4 companies and fluctuations in the external environment will continue, and caution will be required regarding the outlook for future earnings.