Lihit Lab.,Inc. Revises Earnings Forecast — Revenue Down 76M
Lihit Lab.,Inc. (TSE:7975) has revised its earnings forecast for the full fiscal year ending February 28, 2026, citing a decline in orders due to a ransomware attack at a major domestic retail client.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 9.2bn | JPY 9.12bn | -76M |
| Operating Profit | JPY 80M | JPY 36M | -44M |
| Ordinary Income | JPY 170M | JPY 114M | -56M |
| Net Profit | JPY 120M | JPY 67M | -53M |
| EPS | JPY 35.37 | JPY 19.77 | -15.60 |
The company attributed the downward revision to a prolonged impact from a ransomware attack at its major domestic retail client, which caused a significant reduction in orders. While orders from the client are gradually resuming, they remain below the prior-year level. The company had anticipated improvements in profit margins, but the sharper-than-expected decline in revenue led to lower-than-expected operating, ordinary, and net profits.
The earnings forecast revision highlights the severity of the impact from the ransomware incident, with both revenue and profits declining significantly. Investors should monitor the pace of recovery and the company’s strategies to mitigate future disruptions.
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.