Kyoto Tool Co., Ltd. (TSE:5966) has revised its earnings forecast for the fiscal year ending March 2026, raising key metrics including net profit and earnings per share.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 8.15bn | JPY 8.33bn | +2.3% |
| Operating Profit | JPY 640M | JPY 754M | +17.8% |
| Ordinary Income | JPY 700M | JPY 818M | +16.9% |
| Net Profit | JPY 410M | JPY 502M | +22.4% |
| EPS | JPY 169.68/share | JPY 207.94/share | +JPY 38.26/share |
The revision follows adjustments related to a former executive at Northland KTC, a subsidiary, who was involved in an inappropriate accounting matter. A settlement of ¥100M in damages was recorded as a special gain, contributing to the upward revision in net profit. Additionally, the company adjusted its provision for loan defaults against Northland KTC, reducing the expected charge due to revised intercompany pricing and external transaction adjustments.
The upward revision reflects the impact of special gains and losses from the subsidiary, indicating a shift in the company’s financial position. Investors should monitor how these adjustments affect future performance and dividend policies, which are typically paid semi-annually in Japan.