Recognition of an extraordinary loss
PIXTA Inc. and its consolidated subsidiary YASUMI WORKS
Planning and operation of experiential workshops (YASUMI WORKS)
YASUMI WORKS' performance remained below the business plan formulated at the time of the share acquisition, and an assessment of recoverability based on its financial position and the revised business plan determined that the substantial value had declined significantly.
The unamortized goodwill balance of ¥79 million was fully amortized in the consolidated financial statements, and the amount of goodwill amortization was recorded as an extraordinary loss. In the non-consolidated financial statements, an impairment loss of ¥126 million on shares of an affiliated company was recorded as an extraordinary loss. This loss is eliminated in the consolidated financial statements.
The nine months ended the third quarter of the fiscal year ending December 2026 (1 January 2026 to 30 September 2026)
The full-year consolidated earnings forecast for the fiscal year ending December 2026 is currently under review, including the extraordinary loss described above. Any matters requiring disclosure will be disclosed promptly.
YASUMI WORKS will continue to pursue business growth by transitioning to an operating structure with lower fixed costs, including through a review of unprofitable stores and the expansion of pop-up locations.
Any matters requiring disclosure concerning the full-year consolidated earnings forecast will be disclosed promptly.
| Item | Details |
|---|---|
| Event name | Recognition of an extraordinary loss |
| Date of occurrence | The nine months ended the third quarter of the fiscal year ending December 2026 (1 January 2026 to 30 September 2026) |
| Subject Entity | PIXTA Inc. and its consolidated subsidiary YASUMI WORKS |
| Target Locations / Products | Planning and operation of experiential workshops (YASUMI WORKS) |
| Cause | YASUMI WORKS' performance remained below the business plan formulated at the time of the share acquisition, and an assessment of recoverability based on its financial position and the revised business plan determined that the substantial value had declined significantly. |
| Amount of Impact on Business Performance | The unamortized goodwill balance of ¥79 million was fully amortized in the consolidated financial statements, and the amount of goodwill amortization was recorded as an extraordinary loss. In the non-consolidated financial statements, an impairment loss of ¥126 million on shares of an affiliated company was recorded as an extraordinary loss. This loss is eliminated in the consolidated financial statements. |
| Accounting period in which recognized | The nine months ended the third quarter of the fiscal year ending December 2026 (1 January 2026 to 30 September 2026) |
| Impact on Earnings Forecast | The full-year consolidated earnings forecast for the fiscal year ending December 2026 is currently under review, including the extraordinary loss described above. Any matters requiring disclosure will be disclosed promptly. |
| Outlook | YASUMI WORKS will continue to pursue business growth by transitioning to an operating structure with lower fixed costs, including through a review of unprofitable stores and the expansion of pop-up locations. |
| Planned follow-up disclosure | Any matters requiring disclosure concerning the full-year consolidated earnings forecast will be disclosed promptly. |
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.Because YASUMI WORKS' performance remained below the business plan formulated at the time of the share acquisition, the business plan was revised. Based on the company's financial position and the revised business plan, recoverability was assessed, and it was determined that the substantial value of the company's shares had declined significantly.