JM Holdings indicated that it expects to lower its net income forecast for the fiscal year ending July 2026 by 30% from its previous forecast and record ¥1.042 billion in store impairment losses.
JM Holdings indicated that it plans to revise down its net income forecast for the fiscal year ending July 2026. The reduction is expected to be approximately 30% from its previous forecast, and the company announced a revision to its earnings outlook during the fiscal year.
At the same time, the company disclosed that it would record impairment losses on its stores, with the losses expected to reach ¥1.042 billion. The impairment losses are scheduled to be disclosed as official figures when the company announces its results in the future.
The announcement involves a revision to the company’s financial outlook and the impairment of assets. Market reaction and the impact may attract attention when additional information is disclosed.