BALMUDA, Net Income Forecast for the Fiscal Year Revised Downward to a Loss, 34% Deficit Against Net Assets

BALMUDA Inc. <6612> [TSE Growth] announced its financial results after the market closed on November 7th (15:30). The consolidated net loss for the cumulative third quarter of the fiscal year ending December 2025 (January to September) expanded to a loss of 0.85 billion yen (compared to a loss of 0.23 billion yen in the same period last year).

In addition, the full-year forecast for consolidated net income/loss has been revised downward from an expected profit of 0.01 billion yen to a loss of 1.50 billion yen (compared to a profit of 0.06 billion yen in the previous period), turning to a loss outlook The deficit amounted to a 34.5% impairment of net assets at the end of the previous fiscal year..

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated net income/loss for the July to December period (second half) has been revised downward from an expected profit of 0.40 billion yen to a loss of 1.10 billion yen (compared to a profit of 0.03 billion yen in the same period of the previous year), turning to a loss outlook.

In the most recent three-month period, from July to September (3Q), the consolidated net loss expanded to a loss of 0.45 billion yen (compared to a loss of 0.26 billion yen in the same period last year). The operating profit/loss margin drastically worsened from -6.2% in the same period last year to -29.0%.

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