Kadokawa updates earnings forecast following special loss

Kadokawa Corporation has updated its earnings forecast following the announcement of its April-June fiscal results and revised performance projections. The company reported a new forecast for the fiscal year ending March 2027, with net sales expected at 300.3 billion yen, operating profit at 10.1 billion yen, and net income at 1 billion yen.

The update follows the company's decision to implement an early retirement program, which will result in a special loss of 5.4 billion yen. The annual dividend is set at 30 yen.