Renaissance Inc reports FY2026 net loss of Y2.11 billion
Updated
Updated · MarketWatch · May 8
Renaissance Inc reports FY2026 net loss of Y2.11 billion
4 articles · Updated · MarketWatch · May 8
For the year ended 31 March 2026, revenue rose to Y64.93 billion from Y63.74 billion, while earnings per share fell to a loss of Y112.47.
Operating profit declined to Y1.57 billion from Y1.95 billion, pretax profit dropped to Y795 million from Y1.22 billion, and diluted earnings were not available.
The previous year, the Japanese company posted a net profit of Y766 million and diluted earnings of Y34.26, with results prepared under Japanese accounting standards.
Amidst record corporate profits in Japan, why did one company's revenue gain lead to a multi-billion yen loss?
What 'Extraordinary Loss' was so large it erased all profits and forced executive pay cuts at Renaissance Inc.?