Assignment of receivables and recognition of non-operating expenses
THE WHY HOW DO COMPANY株式会社 (the filing company). The principal debtor is 株式会社宇部整環リサイクルセンター
The Company received notice from 株式会社宇部整環リサイクルセンター that it had become difficult to continue its business and determined that it would be difficult to recover the receivable independently.
¥297 million in the non-consolidated financial statements and ¥267 million in the consolidated financial statements (recognized as non-operating expenses through the provision for doubtful accounts)
Second quarter (interim period) of the fiscal year ending April 2026
Loan receivable of ¥1,014,634,897 (principal debtor: 株式会社宇部整環リサイクルセンター)
The contract execution date and receivables assignment date are scheduled for 14 April 2026. This matter has been incorporated into the financial results summary for the second quarter (interim period) of the fiscal year ending April 2026, released today.
| Item | Details |
|---|---|
| Event name | Assignment of receivables and recognition of non-operating expenses |
| Date of occurrence | 14 April 2026 (date of the Board of Directors’ resolution; the contract execution date and receivables assignment date are scheduled for the same day) |
| Subject Entity | THE WHY HOW DO COMPANY株式会社 (the filing company). The principal debtor is 株式会社宇部整環リサイクルセンター |
| Cause | The Company received notice from 株式会社宇部整環リサイクルセンター that it had become difficult to continue its business and determined that it would be difficult to recover the receivable independently. |
| Amount of Impact on Business Performance | ¥297 million in the non-consolidated financial statements and ¥267 million in the consolidated financial statements (recognized as non-operating expenses through the provision for doubtful accounts) |
| Accounting period in which recognized | Second quarter (interim period) of the fiscal year ending April 2026 |
| Amount of receivables at risk of non-collection or delayed collection | Loan receivable of ¥1,014,634,897 (principal debtor: 株式会社宇部整環リサイクルセンター) |
| Outlook | The contract execution date and receivables assignment date are scheduled for 14 April 2026. This matter has been incorporated into the financial results summary for the second quarter (interim period) of the fiscal year ending April 2026, released today. |
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.After receiving notice from 株式会社宇部整環リサイクルセンター that it had become difficult to continue its business, the Company determined that it would be difficult to recover the loan receivable independently.