Astroscale Holdings Inc. revised its consolidated earnings forecast for the fiscal year ending April 30, 2026. For the year, the company expects revenue to be JPY 5,700 million, Operating Loss to be JPY 10,100 million, Loss to be JPY 6,900 million. Basic Loss per share to be JPY 51.28 against previous guidance revenue to be JPY 5,000 million to JPY 6,000 Million, Operating Loss to be JPY 9,300 million to JPY 10,300 Million, Loss to be JPY 9,700 million to JPY 10,700 Million.

Basic Loss per share to be JPY 72.15 to JPY 79.59. With regard to the consolidated full-year financial forecast for the fiscal year ending April 30, 2026, the Company has revised its forecast figures based on the current operating environment, as described below. Within project income (revenue + government subsidy income), revenue is expected to be at the upper end of the previously disclosed forecast range due to robust growth in existing projects.

However, government subsidy income is expected to fall slightly below the lower end of the forecast range due to delays in revenue recognition for existing projects. As a result, the forecast for project income has been revised to ¥11.3 billion, within the previously disclosed forecast range. These delays are temporary, and recovery is largely expected in the fiscal year ending April 2027.

Regarding operating loss, although there has been an impact from increased yen-denominated costs due to the depreciation of the yen, performance has generally progressed in line with plan. Accordingly, the forecast has been revised to negative ¥10.1 billion, within the previously disclosed forecast range. As for profit before tax, profit, and profit attributable to owners of parent, foreign exchange gains of approximately ¥3.8 billion are expected to be recorded as financial income, primarily due to revaluation foreign-currency- denominated cash and deposits and loans to consolidated subsidiaries at the period-end exchange rate.

As a result, the forecast for these profit items has been revised upward to negative ¥6.9 billion, representing a substantial improvement from the previously disclosed forecast range.