Notice Regarding the Transfer of Receivables and Shares and the Recognition of Extraordinary Gains and Losses
YOKOREI CO.,LTD. The debtors for the receivables are Oceano Corporation S.A. and 2 of its group companies.
Because uncertainty remains regarding collection in light of the debtors' financial capacity, business environment and other factors, and after considering the burden associated with future collection efforts and the financial implications.
Gain on reversal of provision for losses on debt guarantees: approximately ¥4.5 billion; gain on sale of investment securities: approximately ¥600 million; and loss on receivables: approximately ¥2.5 billion (extraordinary gains and losses).
Fourth-quarter results for the fiscal year ending September 2026
This has not been reflected in the currently published consolidated earnings forecast for the fiscal year ending September 2026. The company is reviewing the matter together with progress toward its fourth-quarter results and other earnings factors, and will promptly disclose any revision if one is deemed necessary.
The transfer is scheduled to be completed on 28 September 2026. The company will promptly disclose any revision if one is deemed necessary to the earnings forecast.
| Item | Details |
|---|---|
| Event name | Notice Regarding the Transfer of Receivables and Shares and the Recognition of Extraordinary Gains and Losses |
| Date of occurrence | 24 September 2026 (date of the Board of Directors' resolution and execution of the transfer agreement). The transfer is scheduled to be completed on 28 September 2026. |
| Subject Entity | YOKOREI CO.,LTD. The debtors for the receivables are Oceano Corporation S.A. and 2 of its group companies. |
| Cause | Because uncertainty remains regarding collection in light of the debtors' financial capacity, business environment and other factors, and after considering the burden associated with future collection efforts and the financial implications. |
| Amount of Impact on Business Performance | Gain on reversal of provision for losses on debt guarantees: approximately ¥4.5 billion; gain on sale of investment securities: approximately ¥600 million; and loss on receivables: approximately ¥2.5 billion (extraordinary gains and losses). |
| Accounting period in which recognized | Fourth-quarter results for the fiscal year ending September 2026 |
| Impact on Earnings Forecast | This has not been reflected in the currently published consolidated earnings forecast for the fiscal year ending September 2026. The company is reviewing the matter together with progress toward its fourth-quarter results and other earnings factors, and will promptly disclose any revision if one is deemed necessary. |
| Outlook | The transfer is scheduled to be completed on 28 September 2026. The company will promptly disclose any revision if one is deemed necessary to the earnings forecast. |
| Planned follow-up disclosure | The company will promptly disclose any revision if one is deemed necessary to the earnings forecast. |
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.This decision was made because uncertainty remains regarding the collection of the receivables in light of the debtors' financial capacity and business environment, and after considering the burden associated with future collection efforts and the financial implications.