メンバーズ, a major provider of digital business support, sharply revised down its full-year earnings forecast for the fiscal year ending March 2027. The operating profit forecast was cut from the previous ¥2.5 billion to ¥200 million, and the closing price was sold down to ¥770, the ¥150 limit-down from the previous day.
Shares of メンバーズ plunged after the company announced a downward revision to its full-year earnings forecast for the fiscal year ending March 2027 after the close on 30 September. The closing price fell ¥150 from the previous day to ¥770, the limit-down price.
Under the new forecast, operating profit was sharply cut from the previous ¥2.5 billion to ¥200 million. The year-end dividend was held unchanged at ¥35 per share.
As generative AI spread, demand for personnel with specific skills, including routine coding and design production, declined more than expected. Other factors cited for the deterioration in performance included lower utilization following the withdrawal from web operations and delays in shifting to new technology fields.