U&C revised its current-period ordinary profit forecast downward to a loss, and its net profit is also expected to swing into the red. Under the new and previous forecasts, revenue is lower, ordinary profit and net profit have turned negative, and earnings per share has also been revised to -26.44.
United & Collective announced a downward revision to its current-period earnings forecast, with ordinary profit expected to turn negative and net profit also expected to be a loss. The new forecast released together with the earnings summary was announced on 26/10/15.
Under the new forecast, revenue is ¥65.50 billion, ordinary profit is -¥8.8 billion, net profit is -¥13.1 billion, and revised earnings per share is -¥26.44. All items were revised downward from the previous forecast, expanding the projected full-year loss.
The company also disclosed information on its underlying second-half earnings forecast and cumulative second-quarter results and progress on the same day, highlighting the shift to losses in its financial indicators.