Recognition of an impairment loss as an extraordinary loss
The filing company, VisasQ Inc., and its consolidated subsidiary, Coleman Research Group, Inc.
Software for customers and experts
Because of the business performance trends of Coleman Research Group, Inc. and other factors, in relation to the amount recognized as an asset (software) under U.S. GAAP
Approximately ¥61 million (impairment loss recognized as an extraordinary loss)
The second quarter of the fiscal year ending February 2027
The impairment loss was already incorporated into the earnings forecast announced in April 2026 and has 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 | Recognition of an impairment loss as an extraordinary loss |
| Subject Entity | The filing company, VisasQ Inc., and its consolidated subsidiary, Coleman Research Group, Inc. |
| Target Locations / Products | Software for customers and experts |
| Cause | Because of the business performance trends of Coleman Research Group, Inc. and other factors, in relation to the amount recognized as an asset (software) under U.S. GAAP |
| Amount of Impact on Business Performance | Approximately ¥61 million (impairment loss recognized as an extraordinary loss) |
| Accounting period in which recognized | The second quarter of the fiscal year ending February 2027 |
| Impact on Earnings Forecast | The impairment loss was already incorporated into the earnings forecast announced in April 2026 and has 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 (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 an impairment loss was recognized on the amount capitalized as software, based on the business performance trends of Coleman Research Group, Inc. and other factors.