INES Corporation Revises Earnings & Dividend — Turns to Net Loss of JPY 1.5bn
INES Corporation (TSE:97420) has revised its earnings and dividend forecast for the fiscal year ending March 2026, citing delays in public sector standardization projects and increased costs.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 39.0bn | JPY 38.0bn | △JPY 1.0bn (△2.6%) |
| Operating Profit | JPY 1.4bn | △JPY 0.5bn (loss) | △JPY 1.9bn |
| Ordinary Income | JPY 1.5bn | △JPY 0.4bn (loss) | △JPY 1.9bn |
| Net Profit | JPY 1.0bn | △JPY 1.5bn (loss) | △JPY 2.5bn |
| EPS | JPY 48.05 per share | △JPY 72.07 per share (loss) | △JPY 120.12 per share |
| Year-end Dividend | JPY 55.00 per share | JPY 50.00 per share | △JPY 5.00 per share |
The company cited delays in public sector standardization projects and higher costs related to approximately 60 entities expected to reach peak operations in the fiscal year ending March 2027. Additionally, an approximately JPY 1.0bn impairment from completed investments is expected in the fiscal year ending March 2026. These factors led to a revised forecast where operating profit, ordinary income, and net profit are projected to turn negative.
The revision indicates a significant deterioration in the fiscal year ending March 2026 performance, with net profit turning to a loss. The year-end dividend has been reduced to JPY 50.00 per share. Investors should monitor the execution of the new medium-term business plan for potential recovery.
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.