People Co, The Current Fiscal Year's Undisclosed Ordinary Loss to Widen, Decides to Continue No Dividend Policy

People Co., Ltd. <7865> [TSE Std] announced its financial results after the market closed on December 1st (16:30). The ordinary loss (non-consolidated) for the cumulative third quarter of the fiscal year ending January 2026 (February to October) expanded to a loss of 211 million yen (compared to a loss of 112 million yen in the same period last year).

In addition, the full-year forecast, which was not disclosed, shows that ordinary loss expected to be loss of 189 million yen (compared to a loss of 45 million yen in the previous period).

Based on the cumulative third-quarter performance announced by the company and the full-year plan, our calculation indicates that the ordinary profit for the November to January period (4Q) is expected to significant drop 67.2% from the same period last year to 22 million yen.

At the same time, the company has decided to forego the year-end lump-sum dividend for the current fiscal year, which had previously been undecided (compared to no dividend in the prior term), and the policy has been set to continue with no dividends.

In the most recent three-month period, from August to October (3Q), the ordinary profit/loss turned to a loss of 34 million yen (compared to a profit of 32 million yen in the same period last year). The operating profit/loss margin drastically worsened from 6.3% in the same period last year to -8.3%.

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