Recognition of a provision for doubtful accounts related to an affiliated company (non-consolidated)
Filing company: Mitsui DM Sugar Co.,Ltd. Borrower: consolidated subsidiary SIS’88 Pte Ltd
¥4,116 million (expected to be recognized as an extraordinary loss in the non-consolidated financial statements)
Non-consolidated financial statements for the fiscal year ending March 2026 (1 April 2025 to 31 March 2026)
The provision will be eliminated in the consolidated financial statements and will therefore have no impact on consolidated results for the fiscal year ending March 2026.
The company expects to recognize a ¥4,116 million provision for doubtful accounts related to an affiliated company as an extraordinary loss in its non-consolidated financial statements for the fiscal year ending March 2026. The amount will be eliminated in the consolidated financial statements.
| Item | Details |
|---|---|
| Event name | Recognition of a provision for doubtful accounts related to an affiliated company (non-consolidated) |
| Subject Entity | Filing company: Mitsui DM Sugar Co.,Ltd. Borrower: consolidated subsidiary SIS’88 Pte Ltd |
| Amount of Impact on Business Performance | ¥4,116 million (expected to be recognized as an extraordinary loss in the non-consolidated financial statements) |
| Accounting period in which recognized | Non-consolidated financial statements for the fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Impact on Earnings Forecast | The provision will be eliminated in the consolidated financial statements and will therefore have no impact on consolidated results for the fiscal year ending March 2026. |
| Outlook | The company expects to recognize a ¥4,116 million provision for doubtful accounts related to an affiliated company as an extraordinary loss in its non-consolidated financial statements for the fiscal year ending March 2026. The amount will be eliminated in the consolidated financial statements. |
Items this document does not state (19)
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.The provision relates to loans to SIS’88 Pte Ltd. The specific circumstances that led to recognition of the provision for doubtful accounts are not stated. The company explains that the provision will have no impact on consolidated results because it will be eliminated in the consolidated financial statements.