TOKYO, Apr 01 (Pulse News Wire) – Ascentech K.K. (3565.T) announced adjustments to its fiscal year 2026 first half sales figures due to newly identified errors in revenue recognition methods.
The company corrected certain transactions previously recorded at gross amount to reflect net handling, impacting reported sales but having no effect on overall profitability. For the fiscal year ending January 2026, the revised consolidated revenue stands at ¥14.19 billion compared to the initially stated figure. Operating profit was adjusted to ¥868 million, ordinary profit to ¥1.218 billion, and net profit to ¥859 million. Earnings per share increased to ¥144.09.
The corrections also involved adjusting long-term receivables according to accounting standards, leading to reductions in sales, operating income, and ordinary income. Detailed changes are available in the attached amended document, with affected sections highlighted. Ascentech’s stock business, which includes recurring revenues, saw significant growth driven largely by multi-year licensing agreements for cloud services. The company continues to focus on expanding its Resalio Lynx product suite and remote PC array shipments.
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