Asahi Net, Inc. revised non-consolidated earnings guidance for the Fiscal year ending March 31, 2026. For the period, the company expects net sales of JPY 13,400 million, Operating profit of JPY 1,725 million, Profit of JPY 1,217 million, and Basic earnings per share of JPY 46.74 against previous guidance of net sales of JPY 13,500 million, Operating profit of JPY 2,350 million, Profit of JPY 1,659 million, and Basic earnings per share of JPY 61.79.
Reason for the revision; As for the full-year forecasts for the fiscal year ending March 31, 2026, the Company has revised its net sales forecasts downward to JPY 13,400 million, a decrease of JPY 100 million. As of the end of December 2025, the number of FTTH connection service subscriptions increased by 19,000 IDs, compared to the end of the same period of the previous year. However, reflecting the expected temporary increase in the number of corporate customer withdrawals until the end of March 2026, the Company has revised net sales forecasts downward by JPY 100 million. Forecasts of operating profit and ordinary profit have been revised downward because cost of sales and selling, general and administrative expenses are expected to be higher than planned. Regarding cost of sales, depreciation increased due to higher capital expenditures than initially planned. In addition, cost of sales increased because some related expenses were recorded as expenses instead of capital expenditures. As to selling, general and administrative expenses, advertising expenses increased as a result of efforts to further strengthen FTTH connection service membership acquisition, which was more efficient than planned.
Asahi Net, Inc. is a Japan-based company mainly engaged in the provision of Internet connection services and Internet related services. The Internet connection service is engaged in the provision of a communication environment that allows interconnection with sites and networks, and various access lines for members to connect Internet. The supported lines include fiber to the home (FTTH), asymmetric digital subscriber line (ADSL), high speed mobile and Internet protocol version 6 (IPv6) roaming services. The Internet related services include value-added connection services such as mail services, security services, Internet protocol (IP) telephone services and fixed IP address services, hosting services such as homepage services and secure hosting services, cloud services such as blog services, educational support services, survey applications and groupware services, as well as broadband video services.