Source disclosure: February 05, 2026
Forum Engineering Inc. [7088.T]
TOKYO, Feb 5 (Reuters) - Forum Engineering Inc., listed on the Tokyo Stock Exchange Prime Market under code 7088, announced today that its board of directors has decided to revise the company's full-year consolidated earnings forecast and recognize extraordinary expenses related to a series of tender offers involving its shares.
The company stated that it plans to record extraordinary expenses totaling 624 million yen associated with the aforementioned share purchase offers during the third and fourth quarters of the fiscal year ending March 31, 2026. These expenses were first disclosed by the company on November 10, 2025.
Regarding the revised full-year consolidated earnings forecast for the period from April 1, 2025, to March 31, 2026, the company now expects sales of 37.68 billion yen, operating income of 5 billion yen, ordinary income of 4.475 billion yen, and net income attributable to shareholders of the parent company of 2.99 billion yen, or 56.27 yen per share. This represents a decrease of 519 million yen in sales, a reduction of 559 million yen in ordinary income, and a decline of 409 million yen in net income compared to the previous forecast released earlier. The revision reflects a drop of 1.4 percent in sales, zero change in operating income, an 11.1 percent decrease in ordinary income, and a 12 percent reduction in net income.
These adjustments stem from costs incurred as part of the public offering process initiated following KJ003 Corporation’s tender offer for Forum Engineering’s common stock and subscription warrants, which was finalized on December 23, 2025. Additionally, the company is scheduled to conduct its own tender offer for treasury stocks as part of planned changes to its articles of incorporation, issuance of special class shares through a third-party allocation, reductions in capital reserve funds, share consolidation, and abolition of unit share stipulations. The anticipated expenses associated with these transactions have led to lower projected earnings figures than initially expected.
Forum Engineering emphasized that while these forecasts are based on current information and reasonable assumptions, they do not constitute guarantees of future performance. Actual results may vary significantly due to various factors beyond the company's control.
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