Autobacs Seven Lifts Net Profit Forecast 24.4% on Tax Gains
Autobacs Seven Co., Ltd. (TSE:9832) has revised upward its net profit guidance for the fiscal year ending March 2027, driven by one-time tax benefits stemming from the divestiture of its French subsidiary.
| Item | Before | After | Change |
|---|---|---|---|
| 連結売上高 | JPY 300.0bn | JPY 300.0bn | +0.0% |
| 連結営業利益 | JPY 15.0bn | JPY 15.0bn | +0.0% |
| 連結経常利益 | JPY 15.0bn | JPY 15.0bn | +0.0% |
| 親会社株主に帰属する当期純利益 | JPY 9.00bn | JPY 11.2bn | +24.4% |
| １株当たり連結当期純利益 | JPY 114.62/share | JPY 142.64/share | +JPY 28.02/share |
The automotive aftermarket retailer raised its net profit forecast to JPY 11.2bn from JPY 9.0bn, reflecting a JPY 2.2bn upward revision. The company expects to record approximately JPY 4.5bn in deferred tax asset gains during the interim period following the full divestiture of AUTOBACS FRANCE S.A.S., partially offset by JPY 2.3bn in special losses related to business restructuring in the third quarter. Revenue, operating profit (eigyo rieki), and ordinary income (keijo rieki) remain unchanged at JPY 300.0bn, JPY 15.0bn, and JPY 15.0bn respectively, as the subsidiary’s exit had minimal impact on consolidated results.
The revision underscores the one-time nature of the profit improvement. While net profit rises 24.4% and earnings per share increase to JPY 142.64 from JPY 114.62, the gains stem entirely from tax accounting adjustments rather than operational performance. Operating profit holds steady, indicating core business momentum remains flat. International investors should note that the uplift is non-recurring and does not reflect improved underlying earnings power. The company’s strategic focus on portfolio optimization through the French exit may signal broader restructuring efforts ahead.
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.