TVE raised its consolidated ordinary profit forecast for the fiscal year ending September 2026 by approximately 4% from the previous forecast to ¥1.34 billion. It also revised its ordinary profit forecast for the second half to ¥390 million.
TVE announced an earnings revision after the market close on 4 November, raising consolidated ordinary profit for the fiscal year ending September 2026 from the previous forecast of ¥1.29 billion to ¥1.34 billion. As a result, the year-on-year growth rate is expected to increase substantially.
The revised second-half outlook calls for consolidated ordinary profit of ¥390 million, which would narrow the decline from the same period of the previous year. The revision was attributed in part to the impact of recognizing deferred tax assets following a change in the company classification used for tax-effect accounting.
The announcement date and revised figures are also affecting the company’s earnings forecast for the current fiscal year, with the comparison table against the previous forecast showing the revision rates. Both the full-year and second-half outlooks indicate an expected improvement in ordinary profit.