Recognition of Non-Operating Expenses (Derivative Loss and Derivative Valuation Loss)
CK SAN-ETSU Co.,Ltd. and the Group
Copper and zinc (主要原材料)
The rise in raw material prices from April to September 2026
Derivative loss of ¥2.2 billion and derivative valuation loss of ¥2.972 billion (non-operating expenses)
Cumulative consolidated period for the second quarter of the fiscal year ending March 2027 (from 1 April 2026 to 30 September 2026)
See the “Notice Regarding Revisions to Earnings Forecasts” announced today. The revised figures are not stated in this document.
Derivative valuation gains and losses will fluctuate depending on future raw material prices. For the consolidated earnings forecasts for the fiscal year ending March 2027, see the “Notice Regarding Revisions to Earnings Forecasts” announced today.
| Item | Details |
|---|---|
| Event name | Recognition of Non-Operating Expenses (Derivative Loss and Derivative Valuation Loss) |
| Date of occurrence | 1 April 2026 to 30 September 2026 (the period covered by the non-operating expenses) |
| Subject Entity | CK SAN-ETSU Co.,Ltd. and the Group |
| Target Locations / Products | Copper and zinc (主要原材料) |
| Cause | The rise in raw material prices from April to September 2026 |
| Amount of Impact on Business Performance | Derivative loss of ¥2.2 billion and derivative valuation loss of ¥2.972 billion (non-operating expenses) |
| Accounting period in which recognized | Cumulative consolidated period for the second quarter of the fiscal year ending March 2027 (from 1 April 2026 to 30 September 2026) |
| Impact on Earnings Forecast | See the “Notice Regarding Revisions to Earnings Forecasts” announced today. The revised figures are not stated in this document. |
| Outlook | Derivative valuation gains and losses will fluctuate depending on future raw material prices. For the consolidated earnings forecasts for the fiscal year ending March 2027, see the “Notice Regarding Revisions to Earnings Forecasts” announced today. |
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.Raw material prices, including copper and zinc, rose from April to September 2026. The Company explained that it engages in derivative transactions to avoid or mitigate the risk of fluctuations in the commodity prices of inventories resulting from declines in raw material prices.