Waiver of receivables from a consolidated subsidiary
Filing company: EduLab, Inc.; target subsidiary: 株式会社教育測定研究所
The subsidiary was balance-sheet insolvent at the end of the third quarter of the fiscal year ending September 2026 due to ordinary losses and other factors during the fiscal year.
The Company expects to record ¥600 million as an extraordinary loss in its standalone financial statements for the fiscal year ending September 2026. The amount will be eliminated on consolidation.
Fiscal year ending September 2026
There will be no impact on the consolidated earnings forecast for the fiscal year ending September 2026.
The waiver of claims will be carried out on 30 September 2026, and the Company expects to record ¥600 million as an extraordinary loss in its standalone financial statements for the fiscal year ending September 2026. There will be no impact on the consolidated earnings forecast.
| Item | Details |
|---|---|
| Event name | Waiver of receivables from a consolidated subsidiary |
| Date of occurrence | 30 September 2026 (date the waiver of claims will be carried out) |
| Date recognized / date notice received | 25 September 2026 (date the Company resolved to waive the claims) |
| Subject Entity | Filing company: EduLab, Inc.; target subsidiary: 株式会社教育測定研究所 |
| Cause | The subsidiary was balance-sheet insolvent at the end of the third quarter of the fiscal year ending September 2026 due to ordinary losses and other factors during the fiscal year. |
| Amount of Impact on Business Performance | The Company expects to record ¥600 million as an extraordinary loss in its standalone financial statements for the fiscal year ending September 2026. The amount will be eliminated on consolidation. |
| Accounting period in which recognized | Fiscal year ending September 2026 |
| Impact on Earnings Forecast | There will be no impact on the consolidated earnings forecast for the fiscal year ending September 2026. |
| Outlook | The waiver of claims will be carried out on 30 September 2026, and the Company expects to record ¥600 million as an extraordinary loss in its standalone financial statements for the fiscal year ending September 2026. There will be no impact on the consolidated earnings forecast. |
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.The subsidiary has become balance-sheet insolvent due to ordinary losses and other factors, and the waiver is intended to resolve this at an early stage and improve its financial position.