Kyokuto Kaihatsu Kogyo revises earnings forecast amid losses

Kyokuto Kaihatsu Kogyo (TSE:7226) announced a revision to its consolidated earnings forecast for the fiscal year ending March 2026, alongside the recording of extraordinary losses. The revision follows a notice from the Japan Fair Trade Commission regarding a potential cease and desist order and surcharge payment related to the Act on Prohibition of Private Monopolization. The company expects to record an extraordinary loss of JPY 5,925,530 thousand in the first quarter of fiscal year 2026, to account for anticipated losses related to the act.