Source disclosure: January 30, 2026
Ekitan & Co., Ltd. [3646.T]
TOKYO, Jan 30 (Pulse News Wire) – Ekitan & CO.,LTD. (3646.T) disclosed its sales forecast for the fiscal year ending March 31, 2026, after determining that reasonable estimates could now be made due to advancements in its mid-term business plan process.
Previously, the company had withheld forecasts due to numerous undetermined factors. The revised forecast projects revenue of 2,961 million yen and an operating ¥58 million for the fiscal year beginning April 1, 2025, compared to the previous estimate which was undisclosed. Key reasons for the reduced sales include the divestiture of Circle A Corporation's shares and decreased customer contracts in certain regions. Additionally, ongoing declines in premium membership subscriptions for transit navigation services have contributed to lower revenues.
Despite the anticipated decline in operating profit, the company plans to maintain high-level technical service standards, making cost-cutting efforts challenging. As a result, the firm expects to incur an lower operating profit due to reduced profitability despite efforts to compress external expenses such as outsourcing fees and personnel costs. Regarding non-operating income and net income, Ekitan & Co. stated that it would withhold figures until further analysis determines the need for impairment accounting adjustments related to fixed assets and reserve reversals.
The company committed to disclosing these figures promptly upon final determination.
AI-translated content. 🟢 Confidence: High See terms • Original filing