Recognition of a Foreign Exchange Gain from the Paid-In Capital Reduction by an Overseas Subsidiary and Recognition of Dividend Income
TRIIS INTERNATIONAL AMERICA INC. (the Company's wholly owned subsidiary) and the filing company
A foreign exchange gain arose because the exchange rates applied when investing in TRIIS INTERNATIONAL AMERICA INC. and when carrying out the paid-in capital reduction differed. The Company received a dividend as a result of the paid-in capital reduction and dividend payment.
The Company expects to recognize a foreign exchange gain of ¥46 million as non-operating income in its non-consolidated and consolidated financial statements for the fiscal year ending December 2026. The Company expects to recognize dividend income of ¥155 million as net sales in its non-consolidated financial statements for the fiscal year ending December 2026.
Fiscal year ending December 2026
These items have already been incorporated into the consolidated and non-consolidated earnings forecasts for the fiscal year ending December 2026 announced on 13 February 2026, and no revisions to the consolidated or non-consolidated earnings forecasts will be made.
If circumstances or events arise that affect the earnings forecasts and the earnings forecasts are revised as a result, the Company will promptly make an announcement.
If the earnings forecasts are revised, the Company will promptly make an announcement.
| Item | Details |
|---|---|
| Event name | Recognition of a Foreign Exchange Gain from the Paid-In Capital Reduction by an Overseas Subsidiary and Recognition of Dividend Income |
| Date of occurrence | 16 March 2026 |
| Subject Entity | TRIIS INTERNATIONAL AMERICA INC. (the Company's wholly owned subsidiary) and the filing company |
| Cause | A foreign exchange gain arose because the exchange rates applied when investing in TRIIS INTERNATIONAL AMERICA INC. and when carrying out the paid-in capital reduction differed. The Company received a dividend as a result of the paid-in capital reduction and dividend payment. |
| Amount of Impact on Business Performance | The Company expects to recognize a foreign exchange gain of ¥46 million as non-operating income in its non-consolidated and consolidated financial statements for the fiscal year ending December 2026. The Company expects to recognize dividend income of ¥155 million as net sales in its non-consolidated financial statements for the fiscal year ending December 2026. |
| Accounting period in which recognized | Fiscal year ending December 2026 |
| Impact on Earnings Forecast | These items have already been incorporated into the consolidated and non-consolidated earnings forecasts for the fiscal year ending December 2026 announced on 13 February 2026, and no revisions to the consolidated or non-consolidated earnings forecasts will be made. |
| Outlook | If circumstances or events arise that affect the earnings forecasts and the earnings forecasts are revised as a result, the Company will promptly make an announcement. |
| Planned follow-up disclosure | If the earnings forecasts are revised, the Company will promptly make an announcement. |
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.The Company will recognize a foreign exchange gain because the exchange rates applied when investing in TRIIS INTERNATIONAL AMERICA INC. and when carrying out the paid-in capital reduction differed. In addition, the Company will receive a dividend because TRIIS INTERNATIONAL AMERICA INC. has made a dividend payment.