Recognition of non-operating expenses and extraordinary loss (loss on valuation of investment securities)
IMAGE ONE CO., LTD. (filing company)
アリスタゴラVCイスラエル・テクノロジーL.P., loans to Kaihan Medical, and investment securities held by the company
Fluctuations in the valuation of assets held by the investment partnership; a conservative assessment of the recoverability of loans based on Kaihan Medical’s financial condition, operating results, cash flow and ability to secure funds for repayment; and a significant decline in the valuation of the investment securities held, leading to the determination that short-term recovery would be difficult
Loss on management of an investment partnership: ¥56.588 million (non-operating expense); allowance for doubtful accounts: ¥125.000 million (non-operating expense); loss on valuation of investment securities: ¥9.999 million (extraordinary loss)
The loss on management of the investment partnership and the allowance for doubtful accounts relate to the cumulative fourth quarter of the fiscal year ended September 2026; the loss on valuation of investment securities relates to the consolidated fourth-quarter accounting period of the fiscal year ended September 2026
This document does not state the impact on the earnings forecast or the figures after revision. It refers to the notice of revision to the full-year earnings forecast dated 12 August 2026.
¥125.000 million (loans to Kaihan Medical)
| Item | Details |
|---|---|
| Event name | Recognition of non-operating expenses and extraordinary loss (loss on valuation of investment securities) |
| Date of occurrence | Cumulative fourth quarter of the fiscal year ended September 2026 (the loss on valuation of investment securities relates to the consolidated fourth-quarter accounting period of the fiscal year ended September 2026) |
| Subject Entity | IMAGE ONE CO., LTD. (filing company) |
| Target Locations / Products | アリスタゴラVCイスラエル・テクノロジーL.P., loans to Kaihan Medical, and investment securities held by the company |
| Cause | Fluctuations in the valuation of assets held by the investment partnership; a conservative assessment of the recoverability of loans based on Kaihan Medical’s financial condition, operating results, cash flow and ability to secure funds for repayment; and a significant decline in the valuation of the investment securities held, leading to the determination that short-term recovery would be difficult |
| Amount of Impact on Business Performance | Loss on management of an investment partnership: ¥56.588 million (non-operating expense); allowance for doubtful accounts: ¥125.000 million (non-operating expense); loss on valuation of investment securities: ¥9.999 million (extraordinary loss) |
| Accounting period in which recognized | The loss on management of the investment partnership and the allowance for doubtful accounts relate to the cumulative fourth quarter of the fiscal year ended September 2026; the loss on valuation of investment securities relates to the consolidated fourth-quarter accounting period of the fiscal year ended September 2026 |
| Impact on Earnings Forecast | This document does not state the impact on the earnings forecast or the figures after revision. It refers to the notice of revision to the full-year earnings forecast dated 12 August 2026. |
| Amount of receivables at risk of non-collection or delayed collection | ¥125.000 million (loans to Kaihan Medical) |
Items this document does not state (16)
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 valuation of assets held by the investment partnership fluctuated; the recoverability of the loans was assessed conservatively in light of Kaihan Medical’s financial condition, operating results, cash flow and ability to secure funds for repayment; and the valuation of the investment securities held declined significantly from their acquisition cost, leading the company to determine that short-term recovery would be difficult.