Recognition of Extraordinary Gain (Gain on Extinguishment of Shares Held in the Absorbed Subsidiary) from the Absorption-Type Merger of a Subsidiary
Tokushu Tokai Paper Co.,Ltd., 株式会社ＴＴトレーディング
The absorption-type merger of 株式会社ＴＴトレーディング resulted in a difference between the net assets received from the company and the carrying amount of the subsidiary shares held by the Company (shares held in the absorbed subsidiary).
¥1,464 million (extraordinary gain recognized in the standalone financial statements; gain on extinguishment of shares held in the absorbed subsidiary)
First quarter of the fiscal year ending March 2027
As the gain on extinguishment of shares held in the absorbed subsidiary will be eliminated in the consolidated financial statements, it will have no impact on consolidated results for the fiscal year ending March 2027.
| Item | Details |
|---|---|
| Event name | Recognition of Extraordinary Gain (Gain on Extinguishment of Shares Held in the Absorbed Subsidiary) from the Absorption-Type Merger of a Subsidiary |
| Date of occurrence | 1 April 2026 (effective date of the merger) |
| Subject Entity | Tokushu Tokai Paper Co.,Ltd., 株式会社ＴＴトレーディング |
| Cause | The absorption-type merger of 株式会社ＴＴトレーディング resulted in a difference between the net assets received from the company and the carrying amount of the subsidiary shares held by the Company (shares held in the absorbed subsidiary). |
| Amount of Impact on Business Performance | ¥1,464 million (extraordinary gain recognized in the standalone financial statements; gain on extinguishment of shares held in the absorbed subsidiary) |
| Accounting period in which recognized | First quarter of the fiscal year ending March 2027 |
| Impact on Earnings Forecast | As the gain on extinguishment of shares held in the absorbed subsidiary will be eliminated in the consolidated financial statements, it will have no impact on consolidated results for the fiscal year ending March 2027. |
Items this document does not state (18)
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 absorption-type merger of 株式会社ＴＴトレーディング resulted in a difference between the net assets received from the company and the carrying amount of the subsidiary shares held by the Company.