リミックスポイント lowered its ordinary profit forecast for the current period while raising its net income forecast. The revisions are attributed to a business restructuring involving a change in the corporate structure, including the transfer of shares in subsidiary リミックスでんき.
リミックスポイント lowered its forecast for consolidated ordinary profit for the fiscal year ending March 2027 from ¥6.48 billion–¥13.8 billion to ¥5.17 billion–¥12.4 billion. The net income forecast was raised from ¥5.31 billion–¥11.4 billion to ¥7.2 billion–¥13.2 billion. The company has still not disclosed an earnings forecast for the first half.
The reasons for the revision disclosed the same day included the execution of a share transfer agreement and shareholders’ agreement to transfer 51% of the outstanding shares of subsidiary リミックスでんき. The impact of shifting to recognition of investment gains or losses under the equity method was reflected in the revisions.
For the cryptocurrency-related business, the company left its full-year earnings forecast for the digital asset management business unchanged and disclosed market values and ranges as assumptions for cryptocurrency prices.
The business transfer of リミックスでんき, involving the transfer of 53% of its shares, is also expected to result in the recognition of an extraordinary gain that will affect the full-year earnings forecast for the fiscal year ending March 2027. The company retains the right to transfer the remaining 49% in 3 transactions between October 2027 and November 2029.
Funds generated by the transfer are expected to be used for investment in growth areas, including battery-related businesses, and to reduce working capital requirements, creating additional financial capacity.