Komori
Occurring Fact211ACados CorporationConstruction and Materials

Notice Regarding the Recognition of an Extraordinary Loss in Connection with the Presentation of a Special Founder’s Service Award

The Board of Directors decided to submit to the general meeting of shareholders a proposal to present a ¥180 million special merit award payment to the retiring founder and representative director. Subject to approval, the Company plans to recognize the same amount as an extraordinary loss in its financial statements for the fiscal year ending July 2027.

Worth reading
50Recurring
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Direction
Deterioration
Direction inferred from the company’s description.
Scale
180
¥ million
Wording
Conditional
How definitive the wording is.

Recognition of an extraordinary loss associated with the presentation of a special merit award payment to the founder

Subject Entity

株式会社カドス・コーポレーション (filing company)

Occurrence11 September 2026 (date of Board of Directors' resolution)
Same day
Awareness or receipt of notice11 September 2026 (date of Board of Directors' resolution)
This disclosure09/11/2026
Cause

To reward representative director and founder Sugita Shigeki (杉田茂樹) for his achievements and efforts during his tenure

Amount of Impact on Business Performance

¥180 million (extraordinary loss)

Accounting period in which recognized

Financial statements for the fiscal year ending July 2027

Impact on Earnings Forecast

Already reflected in the earnings forecast for the fiscal year ending July 2027

Related procedures

Type

Approval procedure at the annual general meeting of shareholders

Outlook

Subject to approval at the annual general meeting of shareholders scheduled for 23 October 2026, the Company plans to recognize the full amount of the special merit award payment to the founder as an extraordinary loss in its financial statements for the fiscal year ending July 2027.

Event that occurred
ItemDetails
Event nameRecognition of an extraordinary loss associated with the presentation of a special merit award payment to the founder
Date of occurrence11 September 2026 (date of Board of Directors' resolution)
Date recognized / date notice received11 September 2026 (date of Board of Directors' resolution)
Subject Entity株式会社カドス・コーポレーション (filing company)
CauseTo reward representative director and founder Sugita Shigeki (杉田茂樹) for his achievements and efforts during his tenure
Amount of Impact on Business Performance¥180 million (extraordinary loss)
Accounting period in which recognizedFinancial statements for the fiscal year ending July 2027
Impact on Earnings ForecastAlready reflected in the earnings forecast for the fiscal year ending July 2027
Type of litigation or proceedingApproval procedure at the annual general meeting of shareholders
OutlookSubject to approval at the annual general meeting of shareholders scheduled for 23 October 2026, the Company plans to recognize the full amount of the special merit award payment to the founder as an extraordinary loss in its financial statements for the fiscal year ending July 2027.
Items this document does not state (15)
Target Locations / ProductsCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the changePlanned follow-up disclosure

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.

To reward the founder, Sugita Shigeki (杉田茂樹), for his many years of service and efforts during his tenure.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Recognition of an Extraordinary Loss in Connection with the Presentation of a Special Founder’s Service Award | Cados Corporation (211A) timely disclosure | Komori