Leopalace correction of earnings forecast due to miscalculation Increased deficit to 30.4 billion yen November 8, 14:19
Leopalace21, a major real estate leasing company, revised down its earnings forecast for the fiscal year ending March 31, next year on the 7th due to problems with inadequate construction of apartments, etc., but corrected that the calculation was incorrect on the 8th. did. The final deficit is expected to increase to 30.4 billion yen.
Leopalace21 expects a one-year performance forecast until March next year because it has found construction deficiencies such as the fireproof structure of the apartment not meeting legal standards, and the cost of repair work has increased in response to this problem. Revised downward on the 7th.
However, on the 8th, we announced that we had revised our earnings forecasts, assuming that some calculations were incorrect.
The final deficit outlook, which was 77.3 billion yen on the 7th, is correctly 30.4 billion yen.
There are no changes in sales or operating profit.
According to the company, the audit corporation indicated that there was an error in the calculation of “deferred tax assets” that can be recorded as assets in anticipation of the return of prepaid taxes.
The company says, “I am sorry for the inconvenience to investors and related parties.