Notice Regarding the Recognition of Non-Operating Income, Non-Operating Expenses and Extraordinary Loss
The filing company and the Company's consolidated subsidiaries
A consolidated subsidiary's office, and the Company's group operating assets and common-use assets (building fixtures, tools and equipment, lump-sum depreciable assets, and construction in progress)
Progress in collecting receivables whose recoverability had been a concern in prior years, among other factors; securities transfer agent fees and various expenses related to shareholder meetings; restoration costs and other expenses associated with the relocation of a consolidated subsidiary's office; and indications of impairment identified through a review of asset valuations
Reversal gain on the allowance for doubtful accounts: ¥14 million (non-operating income); fees paid: ¥7 million (non-operating expenses); miscellaneous losses: ¥16 million (non-operating expenses); impairment losses: ¥20 million (extraordinary loss)
The first-quarter consolidated accounting period of the fiscal year ending May 2027 (1 June 2026 to 31 August 2026)
| Item | Details |
|---|---|
| Event name | Notice Regarding the Recognition of Non-Operating Income, Non-Operating Expenses and Extraordinary Loss |
| Subject Entity | The filing company and the Company's consolidated subsidiaries |
| Target Locations / Products | A consolidated subsidiary's office, and the Company's group operating assets and common-use assets (building fixtures, tools and equipment, lump-sum depreciable assets, and construction in progress) |
| Cause | Progress in collecting receivables whose recoverability had been a concern in prior years, among other factors; securities transfer agent fees and various expenses related to shareholder meetings; restoration costs and other expenses associated with the relocation of a consolidated subsidiary's office; and indications of impairment identified through a review of asset valuations |
| Amount of Impact on Business Performance | Reversal gain on the allowance for doubtful accounts: ¥14 million (non-operating income); fees paid: ¥7 million (non-operating expenses); miscellaneous losses: ¥16 million (non-operating expenses); impairment losses: ¥20 million (extraordinary loss) |
| Accounting period in which recognized | The first-quarter consolidated accounting period of the fiscal year ending May 2027 (1 June 2026 to 31 August 2026) |
Items this document does not state (19)
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 Company recorded a reversal gain on the allowance for doubtful accounts as collection progressed on receivables whose recoverability had been a concern in prior years, among other factors. It recorded fees paid as securities transfer agent fees and shareholder meeting administrative expenses, and miscellaneous losses for restoration costs and other expenses associated with the relocation of a consolidated subsidiary's office. In addition, a review of the valuation of operating assets and common-use assets identified indications of impairment, resulting in the recognition of impairment losses.