Recognition of non-operating expenses, extraordinary gains and deferred income tax adjustments
UNIVA Oak Holdings Limited, consolidated subsidiaries, associates accounted for under the equity method
Foreign-currency-denominated receivables, UNIVA Marketing Limited (Cayman)
The foreign exchange loss resulted from valuing the foreign-currency-denominated receivables held by the Group at the exchange rate prevailing at the end of September 2026. The change in the amount recognized as a gain on bargain purchase resulted from a revision to the opening net assets of UNIVA Marketing Limited (Cayman). The deferred income tax adjustment (gain) was mainly attributable to the reversal of deferred tax liabilities following the reversal of taxable temporary differences at a consolidated subsidiary. Interest expense resulted from borrowings from financial institutions and other lenders, while the equity-method investment loss resulted from incorporating the performance of associates accounted for under the equity method.
Non-operating expenses for the second-quarter consolidated accounting period included a foreign exchange loss of ¥115 million, interest expense of ¥10 million and an equity-method investment loss of ¥22 million. For the interim consolidated accounting period, the corresponding amounts were a foreign exchange loss of ¥59 million, interest expense of ¥34 million and an equity-method investment loss of ¥35 million. The extraordinary gain on bargain purchase was revised from ¥316 million in the first quarter to ¥291 million for the interim consolidated accounting period. The deferred income tax adjustment (gain) was ¥110 million in both the second quarter and the interim consolidated accounting period.
The second-quarter consolidated accounting period of the fiscal year ending March 2027 (1 July 2026 to 30 September 2026) and the interim consolidated accounting period of the fiscal year ending March 2027 (1 April 2026 to 30 September 2026)
The impact of this matter on the full-year consolidated earnings forecast for the fiscal year ending March 2027 has already been incorporated, and there is no change to the full-year consolidated earnings forecast announced on 14 August 2026.
If it becomes necessary to revise the earnings forecast, the Company will disclose the revision promptly.
If revisions to the earnings forecasts become necessary, the Company will promptly disclose them.
| Item | Details |
|---|---|
| Event name | Recognition of non-operating expenses, extraordinary gains and deferred income tax adjustments |
| Date of occurrence | 1 July 2026–30 September 2026 (second-quarter consolidated accounting period of the fiscal year ending March 2027) |
| Subject Entity | UNIVA Oak Holdings Limited, consolidated subsidiaries, associates accounted for under the equity method |
| Target Locations / Products | Foreign-currency-denominated receivables, UNIVA Marketing Limited (Cayman) |
| Cause | The foreign exchange loss resulted from valuing the foreign-currency-denominated receivables held by the Group at the exchange rate prevailing at the end of September 2026. The change in the amount recognized as a gain on bargain purchase resulted from a revision to the opening net assets of UNIVA Marketing Limited (Cayman). The deferred income tax adjustment (gain) was mainly attributable to the reversal of deferred tax liabilities following the reversal of taxable temporary differences at a consolidated subsidiary. Interest expense resulted from borrowings from financial institutions and other lenders, while the equity-method investment loss resulted from incorporating the performance of associates accounted for under the equity method. |
| Amount of Impact on Business Performance | Non-operating expenses for the second-quarter consolidated accounting period included a foreign exchange loss of ¥115 million, interest expense of ¥10 million and an equity-method investment loss of ¥22 million. For the interim consolidated accounting period, the corresponding amounts were a foreign exchange loss of ¥59 million, interest expense of ¥34 million and an equity-method investment loss of ¥35 million. The extraordinary gain on bargain purchase was revised from ¥316 million in the first quarter to ¥291 million for the interim consolidated accounting period. The deferred income tax adjustment (gain) was ¥110 million in both the second quarter and the interim consolidated accounting period. |
| Accounting period in which recognized | The second-quarter consolidated accounting period of the fiscal year ending March 2027 (1 July 2026 to 30 September 2026) and the interim consolidated accounting period of the fiscal year ending March 2027 (1 April 2026 to 30 September 2026) |
| Impact on Earnings Forecast | The impact of this matter on the full-year consolidated earnings forecast for the fiscal year ending March 2027 has already been incorporated, and there is no change to the full-year consolidated earnings forecast announced on 14 August 2026. |
| Outlook | If it becomes necessary to revise the earnings forecast, the Company will disclose the revision promptly. |
| Planned follow-up disclosure | If revisions to the earnings forecasts become necessary, the Company will promptly disclose them. |
Items this document does not state (15)
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 foreign exchange loss resulted from valuing foreign-currency-denominated receivables at the exchange rate prevailing at the end of September 2026. The reduction in the gain on bargain purchase resulted from a revision to the opening net assets of UNIVA Marketing Limited (Cayman). The deferred income tax adjustment (gain) was mainly attributable to the reversal of deferred tax liabilities following the reversal of taxable temporary differences at consolidated subsidiaries. Interest expense resulted from borrowings, while the equity-method investment loss resulted from incorporating the performance of associates accounted for under the equity method.