Recognition of an extraordinary loss on investments in affiliated companies
Mitsubishi Paper Mills Limited (non-consolidated financial statements) and its consolidated subsidiary Mitsubishi Paper Holding (Europe) GmbH (MPH)
The decline in MPH's net assets resulting from the completion of business restructuring measures, including the solicitation of voluntary retirements
¥6,293 million (impairment loss on investment in an affiliated company, extraordinary loss in the non-consolidated financial statements)
Fiscal year ending March 2026 (1 April 2025 to 31 March 2026)
The impairment loss on the investment in the affiliated company will be recognized in the non-consolidated financial statements and eliminated in the consolidated financial statements, and therefore will have no impact on consolidated results.
The business restructuring is expected to strengthen MPH's management foundation and contribute to improved results for the Group. There will be no impact on consolidated results.
| Item | Details |
|---|---|
| Event name | Recognition of an extraordinary loss on investments in affiliated companies |
| Subject Entity | Mitsubishi Paper Mills Limited (non-consolidated financial statements) and its consolidated subsidiary Mitsubishi Paper Holding (Europe) GmbH (MPH) |
| Cause | The decline in MPH's net assets resulting from the completion of business restructuring measures, including the solicitation of voluntary retirements |
| Amount of Impact on Business Performance | ¥6,293 million (impairment loss on investment in an affiliated company, extraordinary loss in the non-consolidated financial statements) |
| Accounting period in which recognized | Fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Impact on Earnings Forecast | The impairment loss on the investment in the affiliated company will be recognized in the non-consolidated financial statements and eliminated in the consolidated financial statements, and therefore will have no impact on consolidated results. |
| Outlook | The business restructuring is expected to strengthen MPH's management foundation and contribute to improved results for the Group. There will be no impact on consolidated results. |
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 net assets of Mitsubishi Paper Holding (Europe) GmbH (MPH), a consolidated subsidiary, declined as a result of completing business restructuring measures, including the solicitation of voluntary retirements.