TOKYO, May 08 (Pulse News Wire) – Colowide CO.,LTD. (7616.T) reported a significant loss in its fourth quarter ended March 31, 2026, due to impairment losses totaling ¥3.029 billion primarily affecting Kappa Create Co., Ltd.
And Atom Co., Ltd. As a result, the cumulative impairment losses for the fiscal year ending March 31, 2026, reached ¥3.232 billion. Additionally, the company revised its full-year forecast for the fiscal year. According to the latest figures released on May 08, 2026, compared to the previous estimates published on May 09, 2025: - Revenue decreased by ¥11.66 billion to ¥300.1 billion. - Operating profit increased by ¥1.226 billion to ¥12.53 billion.
- Ordinary profit fell by --¥1.553 billion to ¥1.713 billion. - Net profit declined by ¥103 million to ¥2.233 billion. The adjustments reflect lower-than-expected performance due to the impairment charges and higher corporate tax expenses resulting from deferred tax asset unwinding. However, the parent company's share of earnings exceeded expectations due to reduced losses in low-interest subsidiaries. In summary, while revenue and operating profit met initial forecasts, ordinary and net profits significantly deviated from earlier projections, impacting overall financial outlook negatively.
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