Appirits Co., Ltd. Revises Earnings Forecast Downward — Turns to Operating Loss on Goodwill Write-off

Appirits Co., Ltd. (TSE:41740) has revised its fiscal year 2026 (ending January 2026) earnings forecast downward, swinging to an operating loss at both the consolidated and individual levels.

Consolidated:

Item Before After Change
Revenue JPY 10,551M JPY 9,955M △JPY 596M (△5.7%)
Operating Profit JPY 51M △JPY 97M △JPY 148M (loss)
Ordinary Income JPY 103M △JPY 172M △JPY 275M (loss)
Net Profit JPY 90M △JPY 160M △JPY 250M (loss)
EPS JPY 12.82 △JPY 24.10

Individual:

Item Before After Change
Revenue JPY 6,170M JPY 5,770M △JPY 400M (△6.5%)
Operating Profit △JPY 223M △JPY 518M △JPY 295M (loss widens)
Ordinary Income △JPY 215M △JPY 459M △JPY 244M (loss widens)
Net Profit △JPY 213M △JPY 736M △JPY 523M (loss widens)
EPS △JPY 53.01 △JPY 182.48

The primary driver is a goodwill write-off of JPY 243M (consolidated) and JPY 79M (individual) related to AFCP, a subsidiary fully acquired in August 2025. Additionally, the web solutions segment saw revenue shortfalls as resources were redirected to resolve unprofitable legacy projects, suppressing new project acquisition. Deferred tax asset liquidation further increased tax costs.

The consolidated operating profit turning negative on JPY 9.96bn of revenue reflects the combination of the one-time write-off and structural softness in the web solutions and digital staffing segments. Recovery trajectory into FY2027 will depend on the pace of business model restructuring.


Source: Original filing (TDnet) | 日本語版

This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.