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Vector HOLDINGS slides on wider-than-expected loss for year ended March 2026 amid higher server costs
Shares of Vector HOLDINGS Inc. <2656> slumped. After the market close on the 13th, Vector HOLDINGS announced that its consolidated operating loss for the fiscal year ended March 2026 is projected to widen to 601 million yen from its previous forecast of 521 million yen (against a 574 million yen loss the previous year). Furthermore, its net loss is expected to expand to 632 million yen from 548 million yen (compared to a 779 million yen loss a year earlier), with both figures deteriorating beyond earlier projections. The stock faced heavy selling pressure following this downbeat news.
On the top line, revenue is estimated to have come in at 156 million yen (down 3.7% year-on-year), beating expectations by 55 million yen. However, despite booking a portion of rental fees for high-performance server computing resources, the bottom-line loss expanded beyond initial forecasts. This was driven by higher costs for server installation and verification, alongside the recording of impairment losses on intangible fixed assets.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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