Notice Regarding the Recognition of an Extraordinary Loss (Impairment Losses on Software Development Costs and Other Items Recognized Each Quarter)
VisasQ Inc. and its consolidated subsidiary Coleman Research Group, Inc.
Software for customers and experts
An impairment loss was recognized on amounts capitalized as software, taking into account trends in Coleman Research Group, Inc.'s business performance and other factors.
Approximately ¥70 million (impairment loss recognized as an extraordinary loss)
The fourth-quarter consolidated accounting period of the fiscal year ending February 2026
The impairment loss was already incorporated into the earnings forecast announced in April 2025, and will have no impact on the consolidated earnings forecast for the current fiscal year.
The Company plans to continue software development and other activities to support business growth, and expects related development costs to continue to arise.
| Item | Details |
|---|---|
| Event name | Notice Regarding the Recognition of an Extraordinary Loss (Impairment Losses on Software Development Costs and Other Items Recognized Each Quarter) |
| Date of occurrence | The fourth-quarter consolidated accounting period of the fiscal year ending February 2026 |
| Subject Entity | VisasQ Inc. and its consolidated subsidiary Coleman Research Group, Inc. |
| Target Locations / Products | Software for customers and experts |
| Cause | An impairment loss was recognized on amounts capitalized as software, taking into account trends in Coleman Research Group, Inc.'s business performance and other factors. |
| Amount of Impact on Business Performance | Approximately ¥70 million (impairment loss recognized as an extraordinary loss) |
| Accounting period in which recognized | The fourth-quarter consolidated accounting period of the fiscal year ending February 2026 |
| Impact on Earnings Forecast | The impairment loss was already incorporated into the earnings forecast announced in April 2025, and will have no impact on the consolidated earnings forecast for the current fiscal year. |
| Outlook | The Company plans to continue software development and other activities to support business growth, and expects related development costs to continue to arise. |
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.An impairment loss was recognized on amounts capitalized as software development costs, taking into account trends in Coleman Research Group, Inc.'s business performance and other factors.