Recognition of Non-operating Income and Special Loss
Kudan Inc. (the Company)
The foreign exchange gain resulted from fluctuations in the exchange rates of the pound, euro and US dollar. The impairment loss resulted from a write-down in the value of acquired fixed assets related to research and development activities and other assets.
A foreign exchange gain of ¥77 million was recognized as non-operating income. An impairment loss of ¥6 million was recognized as an extraordinary loss.
First quarter of the fiscal year ending March 2027
| Item | Details |
|---|---|
| Event name | Recognition of Non-operating Income and Special Loss |
| Date of occurrence | First quarter of the fiscal year ending March 2027 (individual date Not disclosed) |
| Subject Entity | Kudan Inc. (the Company) |
| Cause | The foreign exchange gain resulted from fluctuations in the exchange rates of the pound, euro and US dollar. The impairment loss resulted from a write-down in the value of acquired fixed assets related to research and development activities and other assets. |
| Amount of Impact on Business Performance | A foreign exchange gain of ¥77 million was recognized as non-operating income. An impairment loss of ¥6 million was recognized as an extraordinary loss. |
| Accounting period in which recognized | First quarter of the fiscal year ending March 2027 |
Items this document does not state (19)
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 foreign exchange gain resulted from fluctuations in the exchange rates of the pound, euro and US dollar. The impairment loss resulted from a write-down in the value of acquired fixed assets related to research and development activities and other assets.