Recognition of Non-Operating Expenses (Derivative Losses)
NIPPON SHINDO CO.,LTD. (the filing company)
Copper and zinc (principal raw materials) and related derivative transactions
Costs related to derivative transactions were incurred due to the surge in copper prices.
Non-operating expenses (derivative losses) of ¥1.059 billion for the fourth-quarter accounting period of the fiscal year ending March 2026 and ¥1.703 billion for the cumulative fourth-quarter period
The fourth-quarter accounting period and cumulative fourth-quarter period of the fiscal year ending March 2026
| Item | Details |
|---|---|
| Event name | Recognition of Non-Operating Expenses (Derivative Losses) |
| Subject Entity | NIPPON SHINDO CO.,LTD. (the filing company) |
| Target Locations / Products | Copper and zinc (principal raw materials) and related derivative transactions |
| Cause | Costs related to derivative transactions were incurred due to the surge in copper prices. |
| Amount of Impact on Business Performance | Non-operating expenses (derivative losses) of ¥1.059 billion for the fourth-quarter accounting period of the fiscal year ending March 2026 and ¥1.703 billion for the cumulative fourth-quarter period |
| Accounting period in which recognized | The fourth-quarter accounting period and cumulative fourth-quarter period of the fiscal year ending March 2026 |
Items this document does not state (19)
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.Costs related to derivative transactions were incurred due to the surge in copper prices. The derivative transactions are intended to hedge or mitigate the risk of fluctuations in the commodity prices of inventories resulting from declines in the prices of copper and zinc, the principal raw materials.