Recognition of Non-operating Income and Expenses and Extraordinary Gains and Losses
株式会社海帆, its consolidated subsidiary 株式会社Kaihan Medical, and 株式会社NEPAL HYDRO POWER HOLDINGS
Food-service outlets, the business operated by 医療法人大美会, the renewable energy business, and the long-term power sales agreement
Changes to the business plan and deterioration in the external environment affecting 医療法人大美会, political and social instability in Nepal, delays in the Company's fund-raising, and the incurrence of delay damages in connection with the extension of the deadline for commencing operations under the long-term power sales agreement
Non-operating income: ¥36 million (interest and dividend income: ¥3 million; insurance proceeds: ¥17 million; gain on the settlement of lease deposits and guarantee deposits: ¥4 million; other: ¥12 million); non-operating expenses: ¥187 million (interest paid); extraordinary gain: ¥32 million (gain on reversal of stock acquisition rights); extraordinary losses: ¥1,248 million (impairment loss on goodwill), ¥2,084 million (impairment loss), and ¥155 million (provision for project losses)
Consolidated financial results for the fiscal year ending March 2026 (1 April 2025 to 31 March 2026)
This has been reflected in the "Consolidated Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP]" released today.
The Company will continue to provide management support to 株式会社Kaihan Medical and work to improve its management foundation. With respect to 株式会社NEPAL HYDRO POWER HOLDINGS, the Company will review and reconsider its business plan.
| Item | Details |
|---|---|
| Event name | Recognition of Non-operating Income and Expenses and Extraordinary Gains and Losses |
| Subject Entity | 株式会社海帆, its consolidated subsidiary 株式会社Kaihan Medical, and 株式会社NEPAL HYDRO POWER HOLDINGS |
| Target Locations / Products | Food-service outlets, the business operated by 医療法人大美会, the renewable energy business, and the long-term power sales agreement |
| Cause | Changes to the business plan and deterioration in the external environment affecting 医療法人大美会, political and social instability in Nepal, delays in the Company's fund-raising, and the incurrence of delay damages in connection with the extension of the deadline for commencing operations under the long-term power sales agreement |
| Amount of Impact on Business Performance | Non-operating income: ¥36 million (interest and dividend income: ¥3 million; insurance proceeds: ¥17 million; gain on the settlement of lease deposits and guarantee deposits: ¥4 million; other: ¥12 million); non-operating expenses: ¥187 million (interest paid); extraordinary gain: ¥32 million (gain on reversal of stock acquisition rights); extraordinary losses: ¥1,248 million (impairment loss on goodwill), ¥2,084 million (impairment loss), and ¥155 million (provision for project losses) |
| Accounting period in which recognized | Consolidated financial results for the fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Impact on Earnings Forecast | This has been reflected in the "Consolidated Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP]" released today. |
| Outlook | The Company will continue to provide management support to 株式会社Kaihan Medical and work to improve its management foundation. With respect to 株式会社NEPAL HYDRO POWER HOLDINGS, the Company will review and reconsider its business plan. |
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.It became difficult to secure earnings in line with the initial plan due to changes to the business plan of 医療法人大美会 and deterioration in the external environment. The start of the business was delayed due to political and social instability in Nepal and delays in the Company's fund-raising. Delay damages were incurred in connection with the extension of the deadline for commencing operations under the long-term power sales agreement. Non-operating income consisted of interest and dividend income, insurance proceeds related to store repairs, and gains on the settlement of lease deposits and guarantee deposits following store closures, among other items.