Recording of non-operating expenses and extraordinary losses
Headwaters Co.,Ltd (the equity-method affiliate that gave rise to the losses: BBDイニシアティブ株式会社)
BBDイニシアティブ株式会社’s head office and the shares in that company previously held by the Company
A derivative loss from derivative transactions; temporary expenses arising from the relocation of BBDイニシアティブ株式会社’s head office and its merger, and amortization of the amount equivalent to goodwill; and the difference between the carrying amount and fair value resulting from the remeasurement of the shares previously held in connection with the merger by absorption
Non-operating expenses: derivative loss of ¥45 million and equity-method investment loss of ¥79 million. Extraordinary loss: loss on step acquisitions of ¥207 million.
Cumulative consolidated period for the second quarter of the fiscal year ending December 2026
| Item | Details |
|---|---|
| Event name | Recording of non-operating expenses and extraordinary losses |
| Date of occurrence | 1 May 2026 (the date of the merger by absorption with BBDイニシアティブ株式会社; the period in which the losses were recognized was the cumulative consolidated period for the second quarter of the fiscal year ending December 2026) |
| Subject Entity | Headwaters Co.,Ltd (the equity-method affiliate that gave rise to the losses: BBDイニシアティブ株式会社) |
| Target Locations / Products | BBDイニシアティブ株式会社’s head office and the shares in that company previously held by the Company |
| Cause | A derivative loss from derivative transactions; temporary expenses arising from the relocation of BBDイニシアティブ株式会社’s head office and its merger, and amortization of the amount equivalent to goodwill; and the difference between the carrying amount and fair value resulting from the remeasurement of the shares previously held in connection with the merger by absorption |
| Amount of Impact on Business Performance | Non-operating expenses: derivative loss of ¥45 million and equity-method investment loss of ¥79 million. Extraordinary loss: loss on step acquisitions of ¥207 million. |
| Accounting period in which recognized | Cumulative consolidated period for the second quarter of the fiscal year ending December 2026 |
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 derivative loss arose from derivative transactions conducted as part of the acquisition of shares in connection with the capital and business alliance. The equity-method investment loss resulted from temporary expenses associated with the relocation of BBDイニシアティブ株式会社’s head office and its merger, as well as the amortization of the amount equivalent to goodwill. The loss on step acquisitions arose because the remeasurement of the shares in BBDイニシアティブ株式会社 previously held by the Company in connection with the merger by absorption resulted in a difference between their carrying amount and fair value.