According to ASAHI EITO's earnings report for the cumulative third quarter of the fiscal year ending November 2026, cumulative net sales were approximately ¥3.1 billion, down 3.7% year on year, while the operating loss narrowed to approximately ¥90 million. However, material uncertainty regarding the going-concern assumption remains.
Net sales for the cumulative third quarter of the fiscal year ending November 2026 were approximately ¥3.1 billion, down 3.7% year on year, while the operating loss narrowed from approximately ¥180 million in the same period of the previous year to approximately ¥90 million. The quarterly net loss attributable to owners of the parent improved to approximately ¥120 million, but the company remained unprofitable. Material uncertainty regarding the going-concern assumption continues to exist.
Total assets increased approximately 17.4% from the end of the previous fiscal year to approximately ¥3.0 billion, attributed to an increase in cash and deposits and the holding of cryptoassets. Net assets increased approximately 56.2% from the end of the previous fiscal year to approximately ¥1.6 billion due to capital increases, including the exercise of stock acquisition rights, and the equity ratio improved from 35.2% to 49.2%.
A cash flow statement was not prepared for the cumulative third quarter, but depreciation and amortisation amounted to approximately ¥14 million and amortisation of goodwill amounted to approximately ¥21 million. Full-year forecasts are net sales of approximately ¥4.2 billion, an operating loss of approximately ¥130 million, an ordinary loss of approximately ¥140 million, and a net loss attributable to owners of the parent of approximately ¥160 million, or a net loss per share of ¥18.82. There has been no change from the previous forecast.