BlueMeme has cut its profit outlook for the year ending March 2026 while leaving sales guidance almost untouched. The company now expects revenue of ¥3,299 million, operating profit of ¥125 million, ordinary profit of ¥130 million, and net profit attributable to parent shareholders of ¥83 million. Its earlier forecast had been ¥3,300 million, ¥150 million, ¥150 million and ¥100 million respectively.
Revenue steady, profit lower
The shape of the revision matters more than the ¥1 million trim to sales. Operating profit is now 16.7% below the previous target, ordinary profit is 13.3% lower, and net profit is 17.0% lower. Earnings per share were also cut to ¥23.58 from ¥29.56. Revenue hardly moved. Profit lines did.
For business readers, that points to a margin problem rather than a top-line one. BlueMeme says operating expenses rose because it stepped up engineer recruitment, used external outsourcing to cover resource shortages while new hires are still in training, and absorbed higher hiring costs. The company is effectively saying that building capacity got more expensive before the revenue benefit fully arrived.
Still above last year, but with thinner expectations
Even after the cut, the new targets are still above the previous year's actual figures of ¥2,349 million in revenue, ¥31 million in operating profit and ¥20 million in ordinary profit. The prior year ended with a net loss attributable to parent shareholders of ¥17 million. That makes the downgrade easier to read: BlueMeme is still guiding for growth, just less profitable growth than it had planned.
Useful guidance, not final guidance
There is also a large caveat attached to every number. BlueMeme says the revised figures are rough estimates that have not yet been audited or re-reviewed by its auditor, and may change. In a separate disclosure, the company said it is still reviewing the accounting treatment of some past transactions and that provisional effects disclosed for earlier years could also change as the auditor's re-review continues.
That uncertainty is already affecting the corporate calendar. BlueMeme separately said its June 26 annual shareholders' meeting will need a continuation session because audit procedures on the year's accounts have not yet finished. So the immediate message is simple: sales guidance is basically intact, the cost base has swollen, and investors should treat the new profit targets as informative rather than final.