Asukanet reports Q1 FY2026 loss, maintains full-year forecast

Asukanet reported a consolidated net loss attributable to owners of the parent of 6 million yen (compared to 23 million yen loss in Q1 FY2025) for the first quarter ended July 31, 2025. Net sales decreased by 3.7% year-over-year to 1,646 million yen, with operating income at (17) million yen and ordinary income at (1) million yen. The company continues to project full-year net sales of 7,580 million yen and a net profit attributable to owners of parent of 261 million yen for the fiscal year ending April 30, 2026.

Total assets decreased by 305,120 thousand yen from the previous fiscal year-end to 6,044,106 thousand yen, primarily due to a reduction in cash and deposits. Liabilities also decreased by 169,265 thousand yen, and net assets saw a reduction of 135,855 thousand yen, mainly influenced by dividend payments from retained earnings.

The company's full-year consolidated earnings forecast for the fiscal year ending April 2026, initially announced on June 10, 2025, remains unchanged.