Recognition of Non-Operating Expenses (Loss on Net Monetary Position)
Subsidiary based in Turkey
Turkey
Because the cumulative inflation rate over three years exceeded 100%, and strong business performance led to an increase in monetary assets, including cash and deposits and trade receivables, which substantially exceeded monetary liabilities
¥1,157 million (non-operating expense)
Cumulative first quarter of the fiscal year ending January 2027 (21 January 2026–20 April 2026)
| Item | Details |
|---|---|
| Event name | Recognition of Non-Operating Expenses (Loss on Net Monetary Position) |
| Subject Entity | Subsidiary based in Turkey |
| Target Locations / Products | Turkey |
| Cause | Because the cumulative inflation rate over three years exceeded 100%, and strong business performance led to an increase in monetary assets, including cash and deposits and trade receivables, which substantially exceeded monetary liabilities |
| Amount of Impact on Business Performance | ¥1,157 million (non-operating expense) |
| Accounting period in which recognized | Cumulative first quarter of the fiscal year ending January 2027 (21 January 2026–20 April 2026) |
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.Turkey's cumulative inflation rate over three years exceeded 100%, and strong business performance led to an increase in monetary assets, including cash and deposits and trade receivables, which substantially exceeded monetary liabilities.