TOKYO, May 20 (Pulse News Wire) – AHRESTY CORPORATION (5852.T) reported its fiscal year 2026 results below initial projections due to exchange rate fluctuations. Operating profit was largely in line with forecasts, but ordinary profit and net income per share exceeded expectations by 30.2% and 19.5%, respectively.
For the fiscal year ending March 31, 2026, revenue came in at ¥1.67 billion compared to the previous estimate of ¥1.6 billion. Ordinary profit reached ¥2.200 billion, up from the forecasted ¥2 billion. Net income attributable to parent shareholders stood at ¥1.2 billion, surpassing the projected ¥1 billion. However, net income per share fell short of expectations at ¥100.00 against the estimated ¥103.00.
In addition, the company noted significant differences between individual performance and prior-year figures, attributing the variance primarily to foreign exchange impacts leading to reduced impairment losses on related party loans. A special loss of approximately ¥200 million was recorded due to equity valuation impairments and loan loss provisions. Looking ahead, AHRESTY anticipates recognizing a special retirement benefit expense of around ¥144.2 million in fiscal year 2027, stemming from rationalization efforts aimed at optimizing production capacity in China. This anticipated charge has already been factored into the company's preliminary earnings outlook for the upcoming fiscal year.
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