Recognition of Special Losses (Impairment Loss on Investment Securities and Special Investigation Expenses)
SAAFホールディングス株式会社 (filing company)
Shares in 株式会社Schoo, and matters relating to the Special Investigation Committee and Independent Committee
A significant decline in the market value of shares in 株式会社Schoo, consideration of the company's most recent financial condition, business progress and future recoverability, and the incurrence of expenses related to the Special Investigation Committee and to responding to a shareholder's request to convene an extraordinary general meeting of shareholders
Impairment loss on investment securities: ¥1,018 million (special loss); special investigation expenses and other costs: ¥339 million (special loss)
First quarter of the fiscal year ending March 2027
The full-year consolidated earnings forecast for the fiscal year ending March 2027 remains unchanged at this time. If a revision becomes necessary, it will be announced promptly.
Related procedures
Shareholder's request to convene an extraordinary general meeting of shareholders, court decision granting permission to convene a general meeting of shareholders, and responses by the Special Investigation Committee and Independent Committee
Company response
Independent Committee (established on 25 February 2026) and Special Investigation Committee (established on 3 March 2026). The name of the committee chair is Not disclosed.
The full-year consolidated earnings forecast remains unchanged at this time. If a revision becomes necessary, it will be announced promptly.
| Item | Details |
|---|---|
| Event name | Recognition of Special Losses (Impairment Loss on Investment Securities and Special Investigation Expenses) |
| Date of occurrence | 13 August 2026 (disclosure date; date of recognition of the special losses: Not disclosed) |
| Subject Entity | SAAFホールディングス株式会社 (filing company) |
| Target Locations / Products | Shares in 株式会社Schoo, and matters relating to the Special Investigation Committee and Independent Committee |
| Cause | A significant decline in the market value of shares in 株式会社Schoo, consideration of the company's most recent financial condition, business progress and future recoverability, and the incurrence of expenses related to the Special Investigation Committee and to responding to a shareholder's request to convene an extraordinary general meeting of shareholders |
| Amount of Impact on Business Performance | Impairment loss on investment securities: ¥1,018 million (special loss); special investigation expenses and other costs: ¥339 million (special loss) |
| Accounting period in which recognized | First quarter of the fiscal year ending March 2027 |
| Impact on Earnings Forecast | The full-year consolidated earnings forecast for the fiscal year ending March 2027 remains unchanged at this time. If a revision becomes necessary, it will be announced promptly. |
| Type of litigation or proceeding | Shareholder's request to convene an extraordinary general meeting of shareholders, court decision granting permission to convene a general meeting of shareholders, and responses by the Special Investigation Committee and Independent Committee |
| Date of filing / date of action | 5 February 2026 (shareholder's request to convene an extraordinary general meeting of shareholders); 23 March 2026 (decision granting permission to convene a general meeting of shareholders) |
| Investigation structure | Independent Committee (established on 25 February 2026) and Special Investigation Committee (established on 3 March 2026). The name of the committee chair is Not disclosed. |
| Outlook | The full-year consolidated earnings forecast remains unchanged at this time. If a revision becomes necessary, it will be announced promptly. |
| Planned follow-up disclosure | If a revision becomes necessary, it will be announced promptly. |
Items this document does not state (12)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.After considering 株式会社Schoo's most recent financial condition, business progress and future recoverability, the Company recognized an impairment loss on investment securities as a conservative accounting treatment. The Company also recognized expenses related to the Special Investigation Committee, as well as fees paid to the Independent Committee and external experts in connection with responding to a shareholder's request to convene an extraordinary general meeting of shareholders.