Stream revises full-year forecast downward due to special losses

Stream announced a revision to its full-year consolidated earnings forecast for the fiscal year ending January 2026. The company now projects net sales of JPY 31,940 million, operating income of JPY 220 million, ordinary income of JPY 200 million, and net income attributable to owners of the parent of JPY 87 million, resulting in JPY 3.15 per share. These figures represent a decrease from the previous forecast, with net income falling by JPY 98 million, a 53.0% reduction.

The downward revision is primarily attributed to special losses incurred by Stream's consolidated subsidiary, X-one. During the second quarter of the fiscal year ending January 2026, X-one recorded a JPY 25 million provision for doubtful accounts and a JPY 22 million impairment loss related to the disposal of equipment and fixtures.

Despite the revised forecast, Stream's second-quarter consolidated results (February 1, 2025 to July 31, 2025) show net sales of JPY 16,292 million, up 9.0% year-over-year. However, the cumulative net loss attributable to owners of the parent for the second quarter was JPY 6 million, a significant decline from JPY 34 million profit in the same period last year.