G-Beemap has rewritten the final score for the year to March 2026, adding a ¥36,237 thousand inventory impairment that widens loss attributable to owners to ¥151,553 thousand from the originally reported ¥115,316 thousand. The company said the charge covers part of the information and communications equipment it bought for resale from April to June 2025. Under its policy, such inventory is reassessed after a year using sales results, gaps versus plan, obsolescence and materiality. In this case, sales were still minimal, and the company said evidence of a meaningful improvement was not likely to be available by mid-June audit work, so it decided, following advice from its accounting auditor, to book the loss at March 31 instead. It also said the May 14 earnings release had been published before audit procedures on the year-end statutory statements were complete.
What changed, and what did not
The correction sits in special losses rather than in the operating picture. Revenue remains ¥1,721 million, and the year-on-year growth rate stays 15.19 percent. Operating loss is unchanged at ¥97 million, and ordinary loss is unchanged at ¥100 million in the summary tables. What moves is the line below that: special losses rise to ¥52,441 thousand from ¥16,204 thousand, and pretax loss deepens to ¥143,450 thousand from ¥107,213 thousand.
The balance sheet got thinner
The revised balance sheet is leaner too. Total assets are cut to ¥938,232 thousand from ¥974,469 thousand, net assets to ¥502,808 thousand from ¥539,045 thousand, and the equity ratio to 39.9 percent from 42.1 percent. The raw materials line, where the inventory adjustment shows up most clearly, is revised down to ¥3,979 thousand from ¥40,216 thousand.
Why the next year's guide improved
The twist is that the correction lifts guidance for the year ending March 2027. G-Beemap said this inventory cost had originally been expected to flow through operating costs by the year ending March 2028, so bringing it forward improves the later profit path. Sales guidance stays at ¥1,900 million, but the first-half operating loss forecast narrows to ¥110 million from ¥120 million. Full-year operating profit is raised to ¥70 million from ¥50 million, and full-year net profit to ¥40 million from ¥30 million.
For readers, the message is fairly plain. The revenue and operating story did not suddenly deteriorate, but the year-end clean-up became harsher, and the equity cushion is smaller than the first version of the results suggested. The better next-year guide is disclosed in the filing, but it is mostly a timing benefit rather than a new sales story.