CAC Holdings Corporation revised consolidated earnings guidance for the fiscal year ending December 31, 2025. For the year, the company revises Net sales of JPY 50,000 million compared to JPY 58,000 million previous guidance. Reason for the revision: In the domestic IT business, performance for the current fiscal year has fallen short of the initial plan for the following reasons: first, orders at a core domestic IT subsidiary have declined more than anticipated due to increased inhouse development by existing customers; second, largescale projects from existing customers have peaked; and third, the securing of new projects and the execution of planned M&A activities have been delayed.
Furthermore, the performance of subsidiaries newly consolidated through M&A in the previous fiscal year has also fallen short of initial expectations, resulting in a limited contribution to consolidated results for the current term. In the overseas IT business, the Company also lost opportunities to secure large-scale projects. Taking these factors into account, the Company now expects that its consolidated results for the fiscal year ending December 31, 2025, will fall below the forecast announced on February 13, 2025.
