Increase in non-operating income, increase in non-operating expenses, recognition of an extraordinary loss, and recognition of a deferred income tax benefit
Wedge Holdings CO.,LTD. (the filing company), Group Lease PCL., an equity-method affiliate, and the EHA Group
Group Lease PCL.'s Digital Finance business and receivables including loans held by the Company
The yen depreciated further against foreign currencies in the valuation of foreign-currency-denominated receivables and payables, the results of Group Lease PCL., the collectibility of receivables including loans, and a review of tax-effect accounting following the judgment against GL and other developments
Foreign exchange gains of ¥88 million (non-operating income), an equity-method investment loss of ¥1,255 million (non-operating expenses), a provision for allowance for doubtful accounts of ¥1,384 million (extraordinary loss), and a deferred income tax benefit of ¥28 million
Cumulative third quarter of the fiscal year ending September 2026 (1 October 2025 to 30 June 2026)
Reflected in the "Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending September 2026 under Japanese GAAP" dated 14 August 2026
Related procedures
A series of events including the judgment against GL (details not disclosed)
The above matters will be reflected in the "Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending September 2026 under Japanese GAAP"
| Item | Details |
|---|---|
| Event name | Increase in non-operating income, increase in non-operating expenses, recognition of an extraordinary loss, and recognition of a deferred income tax benefit |
| Date of occurrence | 30 June 2026 (the last day of the cumulative third quarter of the fiscal year ending September 2026) |
| Subject Entity | Wedge Holdings CO.,LTD. (the filing company), Group Lease PCL., an equity-method affiliate, and the EHA Group |
| Target Locations / Products | Group Lease PCL.'s Digital Finance business and receivables including loans held by the Company |
| Cause | The yen depreciated further against foreign currencies in the valuation of foreign-currency-denominated receivables and payables, the results of Group Lease PCL., the collectibility of receivables including loans, and a review of tax-effect accounting following the judgment against GL and other developments |
| Amount of Impact on Business Performance | Foreign exchange gains of ¥88 million (non-operating income), an equity-method investment loss of ¥1,255 million (non-operating expenses), a provision for allowance for doubtful accounts of ¥1,384 million (extraordinary loss), and a deferred income tax benefit of ¥28 million |
| Accounting period in which recognized | Cumulative third quarter of the fiscal year ending September 2026 (1 October 2025 to 30 June 2026) |
| Impact on Earnings Forecast | Reflected in the "Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending September 2026 under Japanese GAAP" dated 14 August 2026 |
| Type of litigation or proceeding | A series of events including the judgment against GL (details not disclosed) |
| Outlook | The above matters will be reflected in the "Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending September 2026 under Japanese GAAP" |
Items this document does not state (15)
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 yen depreciated further against foreign currencies, the results of Group Lease PCL., an equity-method affiliate, were incorporated, the collectibility of receivables including loans held by the Company was estimated, and the EHA Group reviewed its tax-effect accounting in light of the judgment against GL and other developments.