Eltes Amends Previous Financial Report Due to Errors

TOKYO, May 27 (Pulse News Wire) – Eltes CO.,LTD. (3967.T) issued a correction to its previously released variance report comparing full-year non-consolidated (parent-only) earnings against prior-year results.

The amendment updates the reported figures for revenue, operating profit, ordinary profit, and net income per share for the fiscal year from March 1, 2025 through February 28, 2026. According to the corrected report, the company’s revenue increased by 9.2%, operating profit grew by 56.3%, and ordinary profit rose by 43.9%. However, despite these improvements, the net loss widened to ¥30 million, driven by a ¥415 million special loss recognized on the revaluation of subsidiary shares.

The company attributed the positive performance primarily to lower service cancellation rates and additional ID additions in existing cases for their enterprise internal threat detection service (IRI). Efforts to reduce service costs and improve overall expense management also contributed significantly to the improved financial results. Despite these gains, the special-loss charge swung the result to a net loss for the period, compared with a net profit in the prior year.