Asante Co., Ltd. Cuts Earnings Forecast — Operating Profit Down 40.9%

Asante Co., Ltd. (アサンテ株式会社, TSE:6073), a provider of termite control and home maintenance services, has sharply downgraded its earnings forecast for the fiscal year ending March 2026.

ItemBeforeAfterChange
Revenue¥14.9bn¥14.3bn-¥600mn (-4.0%)
Operating Profit¥1.32bn¥780mn-¥540mn (-40.9%)
Ordinary Income¥1.31bn¥780mn-¥530mn (-40.5%)
Net Profit¥820mn¥240mn-¥580mn (-70.7%)
EPS¥84.00¥24.57-¥59.43 (-70.7%)

The company cited three key factors for the downward revision: delayed improvement in consumer sentiment reducing demand for its services, unstable weather and temperatures suppressing termite activity and related inspection demand, and the recording of a special loss from fixed asset impairment charges.

The combination of weaker top-line performance and the impairment charge has resulted in a sharp compression in net profit. No change was announced to the dividend forecast.


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.