Recognition of Extraordinary Loss (Impairment Loss)
The Company and its group
Certain fixed assets and lease assets, including school buildings and classrooms, whose profitability had declined
As part of efforts to enhance management control in anticipation of changes in the future business environment, the Company partially changed its organizational structure and reviewed its management accounting segments. In connection with this, it carefully examined the future recoverability of the assets concerned.
¥594 million (extraordinary loss)
The fourth quarter of the fiscal year ending March 2026
The Company is advancing efforts to enhance management control using a new accounting system. No specific timing has been disclosed.
| Item | Details |
|---|---|
| Event name | Recognition of Extraordinary Loss (Impairment Loss) |
| Date of occurrence | Consolidated accounting period for the fourth quarter of the fiscal year ending March 2026 (1 January 2026 to 31 March 2026) |
| Subject Entity | The Company and its group |
| Target Locations / Products | Certain fixed assets and lease assets, including school buildings and classrooms, whose profitability had declined |
| Cause | As part of efforts to enhance management control in anticipation of changes in the future business environment, the Company partially changed its organizational structure and reviewed its management accounting segments. In connection with this, it carefully examined the future recoverability of the assets concerned. |
| Amount of Impact on Business Performance | ¥594 million (extraordinary loss) |
| Accounting period in which recognized | The fourth quarter of the fiscal year ending March 2026 |
| Outlook | The Company is advancing efforts to enhance management control using a new accounting system. No specific timing has been disclosed. |
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.As part of efforts to enhance management control using a new accounting system, the Company reviewed its organizational structure and management accounting segments and carefully examined the future recoverability of assets whose profitability had declined.