Adways revised down its full-year forecast for the fiscal year ending December 2026 and recognized an impairment loss of ¥759 million as an extraordinary loss. As a result, its net income outlook was also significantly reduced, and the year-end dividend was cut.
Adways reviewed its assets in light of the current business environment and progress against its plan. As a result, it recognized an impairment loss of ¥759 million as an extraordinary loss.
The revised consolidated earnings forecast calls for revenue of ¥11.8 billion, operating profit of ¥1.5 billion and ordinary profit of ¥1.75 billion. Final net income attributable to owners of the parent was revised down 40.0%, from the previous forecast of ¥1.5 billion to ¥900 million.
The year-end dividend forecast was cut from the previous ¥12.06 per share to ¥11.75. While the ¥5 dividend commemorating the company's 20th anniversary since listing was maintained, the regular dividend was reduced by ¥0.31. The company has been criticized for passing the cost of lax asset assessment on to shareholders.