Recording Provisions for Loss-Making Orders
FLECT Co.,Ltd. (the filing company)
Certain ongoing projects
Because the company prioritized measures relating to quality and project progress, costs were expected to exceed plan
¥98 million (provision for contract loss expense, cost of sales)
The accounting period comprising the second quarter of the fiscal year ending March 2027
No changes have been made to the earnings outlook
Measures relating to the project are scheduled to be completed during the fiscal year ending March 2027
| Item | Details |
|---|---|
| Event name | Recording Provisions for Loss-Making Orders |
| Subject Entity | FLECT Co.,Ltd. (the filing company) |
| Target Locations / Products | Certain ongoing projects |
| Cause | Because the company prioritized measures relating to quality and project progress, costs were expected to exceed plan |
| Amount of Impact on Business Performance | ¥98 million (provision for contract loss expense, cost of sales) |
| Accounting period in which recognized | The accounting period comprising the second quarter of the fiscal year ending March 2027 |
| Impact on Earnings Forecast | No changes have been made to the earnings outlook |
| Outlook | Measures relating to the project are scheduled to be completed during the fiscal year ending March 2027 |
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.Because the company prioritized measures relating to quality and project progress, costs were expected to exceed plan.