Notice Regarding the Recording of Extraordinary Income and Extraordinary Losses (Non-Consolidated)
Star seeds Co.,Ltd. (standalone financial results) and its consolidated subsidiary, 株式会社チチカカ
An allowance for doubtful accounts had been recognized for receivables from 株式会社チチカカ after taking into account its financial condition and other factors. A provision for doubtful accounts relating to receivables from the company and a valuation loss on investment securities in connection with the acceptance of convertible bonds with stock acquisition rights issued by the company were recognized.
¥369 million reversal of the allowance for doubtful accounts (extraordinary gain), ¥299 million provision for doubtful accounts (extraordinary loss), and ¥199 million valuation loss on investment securities (extraordinary loss)
Standalone financial results for the fiscal year ending February 2026
The above amounts apply only to the standalone financial results and will be eliminated in the consolidated financial results, so they will have no impact on consolidated results for the fiscal year ending February 2026. The impact on standalone results is as stated in the earnings release published on the same date.
For details of the impact on standalone results, please refer to the "Summary of Financial Results for the Fiscal Year Ended February 2026 [Japanese GAAP] (Consolidated)" published on the same date.
| Item | Details |
|---|---|
| Event name | Notice Regarding the Recording of Extraordinary Income and Extraordinary Losses (Non-Consolidated) |
| Date of occurrence | Recognized in the standalone financial results for the fiscal year ending February 2026 |
| Subject Entity | Star seeds Co.,Ltd. (standalone financial results) and its consolidated subsidiary, 株式会社チチカカ |
| Cause | An allowance for doubtful accounts had been recognized for receivables from 株式会社チチカカ after taking into account its financial condition and other factors. A provision for doubtful accounts relating to receivables from the company and a valuation loss on investment securities in connection with the acceptance of convertible bonds with stock acquisition rights issued by the company were recognized. |
| Amount of Impact on Business Performance | ¥369 million reversal of the allowance for doubtful accounts (extraordinary gain), ¥299 million provision for doubtful accounts (extraordinary loss), and ¥199 million valuation loss on investment securities (extraordinary loss) |
| Accounting period in which recognized | Standalone financial results for the fiscal year ending February 2026 |
| Impact on Earnings Forecast | The above amounts apply only to the standalone financial results and will be eliminated in the consolidated financial results, so they will have no impact on consolidated results for the fiscal year ending February 2026. The impact on standalone results is as stated in the earnings release published on the same date. |
| Outlook | For details of the impact on standalone results, please refer to the "Summary of Financial Results for the Fiscal Year Ended February 2026 [Japanese GAAP] (Consolidated)" published on the same date. |
Items this document does not state (17)
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.Because an allowance for doubtful accounts had been recognized for receivables from 株式会社チチカカ after taking into account its financial condition and other factors, Star seeds Co.,Ltd. recognized a reversal of the allowance. It also recognized a provision for doubtful accounts relating to receivables from the company and a valuation loss on investment securities in connection with its acceptance of convertible bonds with stock acquisition rights issued by the company. These amounts will be eliminated in the consolidated financial results and therefore will have no impact on consolidated results.