Kitahama Capital Partners has revised its results for the year to March 2026 after year-end audit procedures found two accounting issues in the numbers it first published on May 15. The company said its audit firm identified an overstatement of deferred tax assets and the failure to record a valuation loss on investment securities held by a subsidiary. That led to a ¥31.908 million correction to the corporate tax adjustment line and the recognition of an ¥8.804 million securities valuation loss.
The corrected consolidated figures show revenue of ¥1.91 billion, an operating loss of ¥989 million, an ordinary loss of ¥1.184 billion, and a net loss attributable to shareholders of ¥1.268 billion for the year. In the amended statements, the balance sheet shows deferred tax assets of ¥11.365 million, and the income statement records a minus ¥3.896 million corporate tax adjustment. Kitahama also said other minor numerical changes confirmed during the year-end audit were folded into the revised filing.
For readers, this is best read as an audit clean-up of previously reported numbers, not a fresh operating shock. Still, it matters because the correction changes tax and special-loss items rather than simply tidying totals, and because the results had to be corrected after the year-end audit surfaced the issues.