TOKYO, May 22 (Pulse News Wire) – Sotoh CO.,LTD. (3571.T) amended its fiscal year 2026 March quarter earnings forecast due to an identified calculation error in the elimination of intercompany transactions within consolidated financial statements.
The amendment follows an initial announcement made on May 12, 2026. Prior to the correction, the company reported a sales revenue forecast of ¥10.4 billion, operating profit of --¥250 million, ordinary profit of --¥100 million, and net income attributable to parent company shareholders of ¥400 million per share. After correcting the figures, the revised forecast now shows sales revenue of ¥10.4 billion, operating profit of --¥250 million, ordinary profit of --¥100 million, and net income of ¥400 million per share.
The corrected data also reflects a difference between the previous forecast and actual performance. According to the updated report, the actual sales revenue was ¥10.71 billion, operating profit was --¥229 million, ordinary profit was --¥36 million, and net income was ¥515 million per share. The variance between the previous forecast and actual results increased to 3.0%, compared to the previously stated 2.9%.
For reference, the prior-year consolidated performance for the fiscal year ended March 31, 2025, showed sales revenue of ¥10.04 billion, operating profit of --¥146 million, ordinary profit of ¥31 million, and net income of ¥406 million per share.
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