VALUE CREATION CO.,LTD. [9238.T]
TOKYO, Jun 17 (Pulse News Wire) – Value Creation CO.,LTD. (9238.T) reported lower-than-expected fiscal year 2026 results due to the discovery of fictitious circular transactions involving a major trading partner.
On February 20, 2026, the company had initially forecast revenues and profits, but on May 7, 2026, it disclosed receiving a special investigation committee's report revealing the existence of such transactions. As a result, the company revised its earnings downward, leading to an lower operating profit and impairment losses recorded as extraordinary expenses. For the fiscal year ending February 20, 2026, the initial forecast was for revenue of ¥3.820 billion, operating profit of ¥193 million, ordinary profit of ¥197 million, and net profit of ¥130 million.
However, the final reported figures showed revenue of ¥3.127 billion, operating profit of -¥423 million, ordinary profit of -¥74 million, and net profit of -¥260 million. The adjustments included canceling sales related to G-Plan Corporation and reclassifying them as extraordinary income. Additionally, the company stopped trading with G-Plan Corporation, further impacting its financial performance.
Despite these challenges, the marketing DX division saw stable growth, while the real estate DX division continued to expand, driven by increased interest in vacant property issues and higher customer engagement.
🟡 Confidence: Standard AI-translated content.