FINE Sinter Revises FY26 Forecast Downward Due to Special Losses

FINE SINTER CO.,LTD. [5994.T]

TOKYO, May 08 (Pulse News Wire) – Fine Sinter CO.,LTD. (5994.T) revised its fiscal year 2026 forecast downward due to special losses.

The company adjusted its consolidated earnings outlook for the fiscal year ending March 31, 2026, citing increased depreciation expenses in China and special losses related to the shutdown of operations in the United States. For the fiscal year ending March 31, 2026, the company now expects: - Revenue: ¥46.21 billion - Operating Profit: ¥1.195 billion - Ordinary Profit: ¥754 million - Net Income Attributable to Parent Company Shareholders: ¥--¥564 million This represents a decrease of ¥2.206 billion in revenue, a reduction of 20.2% in operating profit, and a drop of 31.4% in ordinary profit compared to previous estimates. Additionally, the company reported special losses totaling ¥386 million, stemming from: 1. Increased depreciation expenses of ¥408 million in China due to reassessing fixed asset residual values. 2.

A special loss of ¥2.277 billion associated with the phased shutdown of American Fine Sinter CO.,LTD.'s production activities. 3. An impairment loss of ¥227 million plus additional losses of ¥158 million at the Nishikatsuyama Plant. 4. A deferred tax asset write-down of ¥401 million.

These adjustments reflect the company's cautious approach to forecasting amid ongoing operational challenges and restructuring efforts.

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