His reports significant extraordinary losses, revises full-year forecast

His reported extraordinary losses for the fiscal year ending October 31, 2025. These include a yen 2,171 million impairment loss on shares of subsidiaries in individual financial results, primarily due to the business downsizing of His Uluslararasi Turizm Seyahat Acentasi Limited Sirketi. Consolidated financial results show a yen 2,772 million impairment loss on business assets and goodwill, as well as a yen 1,752 million business reorganization loss. These reorganization losses include special retirement allowances from His Uluslararasi Turizm Seyahat Acentasi Limited Sirketi and debt forgiveness expenses from Fly Hub Travel Pte. Ltd.

The company's full-year consolidated forecast for the fiscal year ending October 31, 2025, reflects these extraordinary losses. His now expects consolidated net sales of yen 373,106 million, operating profit of yen 11,627 million, ordinary profit of yen 11,381 million, and net income attributable to shareholders of yen 4,719 million.