TOKYO, May 29 (Pulse News Wire) – FT Holdings Co.,inc. (9243.T) reported a special loss of ¥144 million due to impairment of goodwill and intangible assets at its subsidiary IT Design Corp.
The company also downgraded its fiscal year 2026 forecast, projecting a net loss increase of ¥149 million. The special loss stems from IT Design's failure to secure a major customer contract, leading to ongoing challenging business conditions. Despite overall revenue, operating profit, and ordinary profit meeting expectations, the impairment charge will result in a reduced earnings outlook for the period ending March 31, 2026.
Management emphasized that the impairment is a one-time event and does not indicate future losses. However, the impact on the company’s performance remains limited. Detailed figures for the fiscal year 2026 interim results can be found in the “Interim Report (Japanese GAAP) (Consolidated)” released today.
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