Marche cut its current-year net income forecast to a loss. The company posted a ¥67 million net loss for the 2Q cumulative period, withdrawing its previous profit forecast and turning to a loss.
In its results announcement for the second quarter cumulative period (April-September) of the current fiscal year ending March 2027, Marche disclosed that its standalone net loss was ¥67 million, widening from a ¥6 million loss in the same period of the previous year. At the same time, it revised its full-year net income forecast downward, changing it from the previous forecast of a ¥60 million profit to a ¥91 million loss.
Based on the company's first-half results and full-year plan, the estimated net loss for the second half is ¥24 million, indicating that the loss would narrow from ¥39 million in the same period of the previous year. The year-end dividend remains undecided.
Net loss for the most recent three-month period, July-September, was ¥37 million, while the operating margin deteriorated to -1.1% from 1.0% in the same period of the previous year.
These results significantly lowered Marche's outlook for the current fiscal year and indicated that the shift to a loss is expected to continue. Attention will focus on future disclosures and developments in the dividend policy.