Recognition of Impairment Loss on Fixed Assets
Nippon Carbide Industries Company,Incorporated (the filing company)
Electronics and Functional Products Business; buildings and other assets in Namerikawa, Toyama Prefecture, and elsewhere
Because indicators of impairment were identified due to a decline in profitability.
Non-consolidated financial statements: ¥600 million (extraordinary loss); consolidated financial statements: ¥549 million (extraordinary loss)
Fiscal year ending March 2026
There is no impact on the earnings forecast announced on 6 February 2026. The impairment loss is reflected in the earnings summary for the fiscal year ended March 2026 announced today.
The impairment loss has been recognized in the financial results for the fiscal year ended March 2026 and reflected in the earnings summary.
| Item | Details |
|---|---|
| Event name | Recognition of Impairment Loss on Fixed Assets |
| Date of occurrence | 13 May 2026 (the date on which the Board of Directors resolved to recognize the loss; the date on which the impairment indicators arose: Not disclosed) |
| Subject Entity | Nippon Carbide Industries Company,Incorporated (the filing company) |
| Target Locations / Products | Electronics and Functional Products Business; buildings and other assets in Namerikawa, Toyama Prefecture, and elsewhere |
| Cause | Because indicators of impairment were identified due to a decline in profitability. |
| Amount of Impact on Business Performance | Non-consolidated financial statements: ¥600 million (extraordinary loss); consolidated financial statements: ¥549 million (extraordinary loss) |
| Accounting period in which recognized | Fiscal year ending March 2026 |
| Impact on Earnings Forecast | There is no impact on the earnings forecast announced on 6 February 2026. The impairment loss is reflected in the earnings summary for the fiscal year ended March 2026 announced today. |
| Outlook | The impairment loss has been recognized in the financial results for the fiscal year ended March 2026 and reflected in the earnings summary. |
Items this document does not state (16)
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.Because indicators of impairment were identified in the Electronics and Functional Products Business due to a decline in profitability.