TOKYO, May 15 (Pulse News Wire) – Cominix CO.,LTD. (3173.T) reported lower-than-expected results for its fiscal year ending March 31, 2026, compared to previous forecasts released on May 15, 2025.
For the fiscal year ended March 31, 2026, Cominix's individual performance showed significant differences from earlier estimates. The company’s earnings per share (EPS) fell below expectations due to restructuring costs incurred by its subsidiary, East Shinshoka Corporation. Specifically, the subsidiary recorded special losses amounting to ¥251 million related to business restructuring expenses, leading to a decline in equity value exceeding 50% of the book value of the held shares.
As a result, Cominix had to recognize a loss on the valuation of related-party shares as a special loss, impacting net profit negatively. In detail, the previously forecasted figures for the fiscal year were: - Revenue: ¥21.00 billion - Ordinary Profit: ¥800 million - Net Profit: ¥580 million - EPS: ¥84.4 million However, the actual results were: - Revenue: ¥21.84 billion - Ordinary Profit: ¥845 million - Net Profit: ¥166 million - EPS: ¥24.3 million The variance was primarily attributed to additional special losses, resulting in changes of: - Revenue: ¥844 million - Ordinary Profit: ¥45 million - Net Profit: --¥413 million - EPS: 4.0% Despite these adjustments, the impact on the consolidated financial statements was mitigated since such losses would be offset within the group accounts. Therefore, there was no effect on the overall consolidated performance.
It should be noted that the prior-year actual figures stood at: - Revenue: ¥19.85 billion - Ordinary Profit: ¥469 million - Net Profit: ¥443 million - EPS: ¥64.6 million Cominix continues to monitor the situation closely and will update stakeholders accordingly.
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