Mirarth Holdings, Inc. Revises Earnings Forecast — Net Profit
Mirarth Holdings, Inc. (TSE:88970) has revised its earnings forecast for the fiscal period ending March 31, 2026, citing a decline in net profit due to an impairment loss from its energy business.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 216.4bn | JPY 208.0bn | △JPY 8.4bn (△3.9%) |
| Operating Profit | JPY 15.5bn | JPY 16.5bn | +JPY 1.0bn (6.5%) |
| Ordinary Income | JPY 12.0bn | JPY 12.5bn | +JPY 0.5bn (4.2%) |
| Net Profit | JPY 8.0bn | JPY 4.5bn | △JPY 3.5bn (43.8%) |
| EPS | JPY 58.89 per share | JPY 33.10 per share | △JPY 25.79 per share (△43.8%) |
The company attributed the downward revision in net profit to an impairment loss from the延岡バイオマス発電所 (Nagao Biomass Power Plant), which was not previously anticipated. However, operating profit rose to a record high due to strong sales performance in its core new residential housing business and improved cost management.
The revision highlights the impact of the energy business on Mirarth’s bottom line, introducing uncertainty for future results. While the core housing segment remains profitable, the company faces challenges from the impairment charge, which may affect investor sentiment and long-term growth prospects.
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.