Recognition of an Extraordinary Loss (Loss on Cancellation of Shares Held in an Absorbed Company) Arising from the Absorption-Type Merger of a Subsidiary
Kurimoto,Ltd., 三協機械株式会社 (absorbed company)
The difference between the assets and liabilities received from 三協機械株式会社, which became the absorbed company, and the carrying amount of the shares in 三協機械株式会社 held by the Company (shares held in the absorbed company)
¥29 million (extraordinary loss, loss on cancellation of shares held in an absorbed company, non-consolidated financial statements)
First quarter of the fiscal year ending March 2027
The extraordinary loss will be eliminated in the consolidated financial statements and will therefore have no impact on the Company's consolidated results for the fiscal year ending March 2027.
The extraordinary loss will be recognized in the non-consolidated financial statements for the first quarter of the fiscal year ending March 2027.
| Item | Details |
|---|---|
| Event name | Recognition of an Extraordinary Loss (Loss on Cancellation of Shares Held in an Absorbed Company) Arising from the Absorption-Type Merger of a Subsidiary |
| Date of occurrence | 1 April 2026 (effective date of the absorption-type merger) |
| Subject Entity | Kurimoto,Ltd., 三協機械株式会社 (absorbed company) |
| Cause | The difference between the assets and liabilities received from 三協機械株式会社, which became the absorbed company, and the carrying amount of the shares in 三協機械株式会社 held by the Company (shares held in the absorbed company) |
| Amount of Impact on Business Performance | ¥29 million (extraordinary loss, loss on cancellation of shares held in an absorbed company, non-consolidated financial statements) |
| Accounting period in which recognized | First quarter of the fiscal year ending March 2027 |
| Impact on Earnings Forecast | The extraordinary loss will be eliminated in the consolidated financial statements and will therefore have no impact on the Company's consolidated results for the fiscal year ending March 2027. |
| Outlook | The extraordinary loss will be recognized in the non-consolidated financial statements for the first quarter of the fiscal year ending March 2027. |
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.The difference between the assets and liabilities received from the absorbed company and the carrying amount of the shares in that company held by the Company will be accounted for as a result of the absorption-type merger.