Uncollectibility of receivables at a consolidated subsidiary
株式会社エックスワン (our consolidated subsidiary)
The business partner's operations did not progress as initially planned, leading to the conclusion that there was no prospect of continuing the business.
The ¥262 million in loans had already been recognized as an allowance for doubtful accounts in prior fiscal years, so there will be no impact on consolidated results for the current fiscal year. The ¥1 million in accrued interest will be recorded as an extraordinary loss in the interim consolidated accounting period of the fiscal year ending January 2027.
Interim consolidated accounting period of the fiscal year ending January 2027 (¥1 million in accrued interest)
There will be no impact from this matter on consolidated results for the current fiscal year with respect to the ¥262 million in loans. The ¥1 million in accrued interest will be recorded as an extraordinary loss in the interim consolidated accounting period of the fiscal year ending January 2027.
¥263 million (the name of the business partner has not been disclosed)
Related procedures
No legal restructuring or other such proceedings have occurred.
The ¥262 million in loans will have no impact on consolidated results for the current fiscal year because an allowance for doubtful accounts was recognized in prior fiscal years. The ¥1 million in accrued interest will be recorded as an extraordinary loss in the interim consolidated accounting period of the fiscal year ending January 2027.
| Item | Details |
|---|---|
| Event name | Uncollectibility of receivables at a consolidated subsidiary |
| Date of occurrence | 17 July 2026 (the date on which the receivables were determined to be uncollectible following the discussions held today) |
| Date recognized / date notice received | 17 July 2026 (determined following the discussions held today) |
| Subject Entity | 株式会社エックスワン (our consolidated subsidiary) |
| Cause | The business partner's operations did not progress as initially planned, leading to the conclusion that there was no prospect of continuing the business. |
| Amount of Impact on Business Performance | The ¥262 million in loans had already been recognized as an allowance for doubtful accounts in prior fiscal years, so there will be no impact on consolidated results for the current fiscal year. The ¥1 million in accrued interest will be recorded as an extraordinary loss in the interim consolidated accounting period of the fiscal year ending January 2027. |
| Accounting period in which recognized | Interim consolidated accounting period of the fiscal year ending January 2027 (¥1 million in accrued interest) |
| Impact on Earnings Forecast | There will be no impact from this matter on consolidated results for the current fiscal year with respect to the ¥262 million in loans. The ¥1 million in accrued interest will be recorded as an extraordinary loss in the interim consolidated accounting period of the fiscal year ending January 2027. |
| Type of litigation or proceeding | No legal restructuring or other such proceedings have occurred. |
| Amount of receivables at risk of non-collection or delayed collection | ¥263 million (the name of the business partner has not been disclosed) |
| Outlook | The ¥262 million in loans will have no impact on consolidated results for the current fiscal year because an allowance for doubtful accounts was recognized in prior fiscal years. The ¥1 million in accrued interest will be recorded as an extraordinary loss in the interim consolidated accounting period of the fiscal year ending January 2027. |
Items this document does not state (14)
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 business partner's operations did not progress as initially planned, leading to the conclusion that there was no prospect of continuing the business.