After the market close on the 16th, MDNT raised its full-year earnings forecast for the fiscal year ending September 2026. Although revenue is expected to decline from the previous forecast, ordinary loss and net loss are expected to be smaller than previously projected.
MDNT revised its full-year earnings forecast for the fiscal year ending September 2026, forecasting revenue of ¥821 million and an operating loss of ¥1.520 billion. Revenue is expected to decline from the previous forecast, while the loss is expected to be smaller than previously projected.
Under the new forecast, ordinary loss is expected to be ¥1.360 billion and net loss ¥1.426 billion. The improvement in ordinary and net losses is attributed to improved performance by investment funds and reversal gains on the allowance for doubtful accounts following the partial collection of long-term loans.
The announcement was made after the market close on the 16th. Improved performance at investee companies and the recovery of certain assets were cited as contributing to the improved earnings outlook. Additional information is expected to be closely watched.
Related news also covers developments at other companies and economic news, but the focus here is MDNT's upward revision to its full-year forecast and the factors supporting it.