TOKYO, May 15 (Pulse News Wire) – Hitomile CO.,LTD. (7686.T) reported a fourth-quarter impairment loss of ¥222 million and tax adjustments of ¥788 million for its fiscal year ending March 31, 2026.
The impairment loss was due to the reassessment of recoverability for fixed assets held by its subsidiary, Kakyasu Corporation, resulting in a cumulative total of ¥654 million being recognized as special losses. Additionally, the company revised its full-year consolidated earnings forecast. While sales fell short of expectations, operating profit and ordinary profit exceeded forecasts due to reduced selling expenses and lower cost of goods sold.
As a result, net income attributable to parent shareholders surpassed initial projections by 113.6%. The company’s previous forecast released on February 13, 2026, anticipated revenue of ¥140.0 billion, operating profit of ¥1.600 billion, and ordinary profit of ¥1.570 billion, leading to a net income per share of ¥19.1 million. However, the actual results showed revenue of ¥139.8 billion, operating profit of ¥1.971 billion, ordinary profit of ¥1.943 billion, and a net income per share of ¥40.7 million.
The significant variance in net income was attributed to the recognition of impairment losses and tax adjustments, which contributed to a substantial increase in profitability beyond the previously stated outlook.
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