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Occurring Fact2876Delsole CorporationFood

Notice Regarding Recognition of Extraordinary Gain (Insurance Proceeds)

The Company plans to recognize ¥434.163 million in insurance proceeds related to the fire at its Chiba Plant as an extraordinary gain in the third quarter of the fiscal year ending March 2027. The Company is still negotiating with the insurer regarding fire insurance proceeds covering damage to the buildings and equipment.

Worth reading
71In focus
Scored from 3 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
434163
¥ thousand
Wording
Conditional
How definitive the wording is.

Recognition of extraordinary gain (insurance proceeds)

Subject Entity

Delsole Corporation

Target Locations / Products

The Company's Chiba Plant (Yoshioka, Narita, Chiba Prefecture)

Occurrence27 October 2024 (date of the fire at the Chiba Plant)
This disclosure10/20/2026
Cause

Caused by the fire that occurred at the Company's Chiba Plant on 27 October 2024

Amount of Impact on Business Performance

¥434.163 million (extraordinary gain)

Accounting period in which recognized

Financial results for the third quarter of the fiscal year ending March 2027

Impact on Earnings Forecast

A factor contributing to higher earnings than the earnings forecast announced on 15 May 2026. The impact on the full-year earnings forecast will be disclosed in conjunction with the announcement of the second-quarter financial results scheduled for 13 November 2026.

Outlook

The Company will continue negotiating with the contracted insurer regarding fire insurance proceeds covering the replacement cost and repair costs of the plant buildings, machinery and equipment, and will provide notice once the amount has been finalized.

Planned follow-up disclosure

The impact on the full-year earnings forecast will be disclosed in conjunction with the announcement of the second-quarter financial results scheduled for 13 November 2026.

Event that occurred
ItemDetails
Event nameRecognition of extraordinary gain (insurance proceeds)
Date of occurrence27 October 2024 (date of the fire at the Chiba Plant)
Subject EntityDelsole Corporation
Target Locations / ProductsThe Company's Chiba Plant (Yoshioka, Narita, Chiba Prefecture)
CauseCaused by the fire that occurred at the Company's Chiba Plant on 27 October 2024
Amount of Impact on Business Performance¥434.163 million (extraordinary gain)
Accounting period in which recognizedFinancial results for the third quarter of the fiscal year ending March 2027
Impact on Earnings ForecastA factor contributing to higher earnings than the earnings forecast announced on 15 May 2026. The impact on the full-year earnings forecast will be disclosed in conjunction with the announcement of the second-quarter financial results scheduled for 13 November 2026.
OutlookThe Company will continue negotiating with the contracted insurer regarding fire insurance proceeds covering the replacement cost and repair costs of the plant buildings, machinery and equipment, and will provide notice once the amount has been finalized.
Planned follow-up disclosureThe impact on the full-year earnings forecast will be disclosed in conjunction with the announcement of the second-quarter financial results scheduled for 13 November 2026.
Items this document does not state (15)
Date recognized / date notice receivedType of litigation or proceedingCourt 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 change

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 insurance proceeds for lost profits have been finalized under the insurance contract covering property damage and lost profits resulting from the fire at the Chiba Plant on 27 October 2024.

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 Recognition of Extraordinary Gain (Insurance Proceeds) | Delsole Corporation (2876) timely disclosure | Komori