Recycle Tech Japan Adjusts Financial Report Due to Calculation Errors

Recycle Tech Japan CORPORATION [185A.T]

TOKYO, May 29 (Pulse News Wire) – Recycle Tech Japan Corporation (185A.T) corrected its fiscal year ended February 28, 2026, financial report due to calculation errors identified in several key areas. The adjustments impact the operating cash flow, investing cash flow, and the reported earnings per share figures.

In the revised report, the company's revenue remained unchanged at ¥2.411 billion, while operating profit was adjusted to -¥26 million, down from previously stated levels. Similarly, ordinary profit was revised to -¥43 million, and net profit attributable to parent shareholders was adjusted to -¥92 million. The earnings per share figure was also revised to reflect these changes. Additionally, the company noted corrections in the cash flows from operations and investments.

Operating activities generated ¥42 million compared to the initial report’s ¥39 million, while investment activities used 275,356 million yen instead of the previously reported -¥272 million. These revisions aim to accurately represent the company's financial performance during the fiscal year. The company attributed the discrepancies primarily to miscalculations in depreciation expenses, increases in accrued liabilities, tax refunds, and payments related to accounts receivable and interest expenses. Recycle Tech Japan emphasized that these adjustments do not significantly alter the overall financial health but ensure transparency and precision in reporting.

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