Komori
Occurring Fact4553TOWA PHARMACEUTICAL CO.,LTD.Pharmaceuticals

Notice Regarding the Recognition of Non-Operating Expense (Loss on Valuation of Derivatives)

In the interim period of the fiscal year ending March 2027, a derivative valuation loss of ¥2,355 million was recorded as a non-operating expense. The loss has already been reflected in the earnings forecast, but the figures in the consolidated earnings forecast itself have not been changed.

Worth reading
36Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
2355
¥ million
Wording
Definitive
How definitive the wording is.

Recognition of non-operating expenses (derivative valuation loss)

Subject Entity

TOWA PHARMACEUTICAL CO.,LTD. (reporting company)

Target Locations / Products

Derivative Transactions

This disclosure11/11/2026
Cause

The exchange rate moved in favor of the yen compared with the end of the fiscal year ended March 2026, and the long-term interest rate differential between Japan and the United States widened.

Amount of Impact on Business Performance

¥2,355 million (non-operating expense)

Accounting period in which recognized

Second quarter (interim period) of the fiscal year ending March 2027, consolidated accounting period (1 April 2026 to 30 September 2026)

Impact on Earnings Forecast

The consolidated earnings forecast for the fiscal year ending March 2027, announced on 14 May 2026, has not been revised. Because the outlook for foreign exchange rates remains uncertain, gains and losses on derivative valuations have not been included in the consolidated earnings forecast. The company will promptly disclose any revision if one becomes necessary.

Outlook

The outlook for foreign exchange rates remains uncertain, and gains and losses on derivative valuations have not been included in the consolidated earnings forecast. The company will promptly disclose any revision if one becomes necessary.

Event that occurred
ItemDetails
Event nameRecognition of non-operating expenses (derivative valuation loss)
Subject EntityTOWA PHARMACEUTICAL CO.,LTD. (reporting company)
Target Locations / ProductsDerivative Transactions
CauseThe exchange rate moved in favor of the yen compared with the end of the fiscal year ended March 2026, and the long-term interest rate differential between Japan and the United States widened.
Amount of Impact on Business Performance¥2,355 million (non-operating expense)
Accounting period in which recognizedSecond quarter (interim period) of the fiscal year ending March 2027, consolidated accounting period (1 April 2026 to 30 September 2026)
Impact on Earnings ForecastThe consolidated earnings forecast for the fiscal year ending March 2027, announced on 14 May 2026, has not been revised. Because the outlook for foreign exchange rates remains uncertain, gains and losses on derivative valuations have not been included in the consolidated earnings forecast. The company will promptly disclose any revision if one becomes necessary.
OutlookThe outlook for foreign exchange rates remains uncertain, and gains and losses on derivative valuations have not been included in the consolidated earnings forecast. The company will promptly disclose any revision if one becomes necessary.
Planned follow-up disclosureThe company will promptly disclose any revision if one becomes necessary.
Items this document does not state (16)
Date of occurrenceDate recognized / date notice receivedType of litigation or proceedingCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the change

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 exchange rate moved in favor of the yen compared with the end of the fiscal year ended March 2026, and the long-term interest rate differential between Japan and the United States widened.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Recognition of Non-Operating Expense (Loss on Valuation of Derivatives) | TOWA PHARMACEUTICAL CO.,LTD. (4553) timely disclosure | Komori