Recognition of Loss on Valuation of Investments in Affiliated Companies (Standalone Financial Results)
Digital Garage,Inc. (shares in 5 consolidated subsidiaries and 1 associate held by the Company)
Because, after examining future recoverability, the substantial value had declined significantly.
¥1,136 million (standalone financial results, Japanese GAAP, recognized as a loss on valuation of investments in affiliated companies under extraordinary losses). In the consolidated financial results, the Company recognized a ¥181 million impairment loss on goodwill related to consolidated subsidiaries (under "Other expenses") and a negative ¥822 million impairment loss on shares in an associate (under "Share of profit of investments accounted for using the equity method").
Fiscal year ending March 2026 (1 April 2025 to 31 March 2026)
This matter is reflected in the "Summary of Financial Results for the Fiscal Year Ending March 2026 [IFRS] (Consolidated)" released today.
This matter is reflected in the summary of financial results.
| Item | Details |
|---|---|
| Event name | Recognition of Loss on Valuation of Investments in Affiliated Companies (Standalone Financial Results) |
| Date of occurrence | Recognized in the fiscal year ending March 2026 (1 April 2025 to 31 March 2026). No specific date disclosed. |
| Subject Entity | Digital Garage,Inc. (shares in 5 consolidated subsidiaries and 1 associate held by the Company) |
| Cause | Because, after examining future recoverability, the substantial value had declined significantly. |
| Amount of Impact on Business Performance | ¥1,136 million (standalone financial results, Japanese GAAP, recognized as a loss on valuation of investments in affiliated companies under extraordinary losses). In the consolidated financial results, the Company recognized a ¥181 million impairment loss on goodwill related to consolidated subsidiaries (under "Other expenses") and a negative ¥822 million impairment loss on shares in an associate (under "Share of profit of investments accounted for using the equity method"). |
| Accounting period in which recognized | Fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Impact on Earnings Forecast | This matter is reflected in the "Summary of Financial Results for the Fiscal Year Ending March 2026 [IFRS] (Consolidated)" released today. |
| Outlook | This matter is reflected in the summary of financial results. |
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, after examining future recoverability, the substantial value had declined significantly.