Recognition of an Impairment Loss and Revision of Full-Year Earnings Forecasts
Certain overseas subsidiaries (company names are Not disclosed)
Fixed assets held by the relevant subsidiaries, including fixed assets that are no longer expected to be used following future production reallocations
Declining profitability due to changes in the business environment and other factors, and the emergence of fixed assets that are no longer expected to be used following future production reallocations
Approximately ¥400 million, expected to be recognized as an impairment loss in the fiscal year ending March 2026
Fiscal year ending March 2026 (1 April 2025 to 31 March 2026)
The full-year consolidated earnings forecasts were revised to sales of ¥62,000 million, operating income of ¥1,450 million, ordinary income of ¥1,400 million, net income attributable to owners of the parent of ¥50 million and earnings per share of ¥1.96. The year-end dividend forecast remains unchanged at ¥53 per share. The final figures will be reported again in the financial results summary scheduled for publication on 11 May 2026.
The audit procedures will continue, and the final figures will be reported again in the financial results summary scheduled for publication on 11 May 2026. Actual results and other outcomes may differ due to various factors.
The final figures will be reported again in the financial results summary scheduled for publication on 11 May 2026.
| Item | Details |
|---|---|
| Event name | Recognition of an Impairment Loss and Revision of Full-Year Earnings Forecasts |
| Date of occurrence | Expected to be recognized in the fiscal year ending March 2026 (1 April 2025 to 31 March 2026). The specific date of occurrence is Not disclosed |
| Subject Entity | Certain overseas subsidiaries (company names are Not disclosed) |
| Target Locations / Products | Fixed assets held by the relevant subsidiaries, including fixed assets that are no longer expected to be used following future production reallocations |
| Cause | Declining profitability due to changes in the business environment and other factors, and the emergence of fixed assets that are no longer expected to be used following future production reallocations |
| Amount of Impact on Business Performance | Approximately ¥400 million, expected to be recognized as an impairment loss in the fiscal year ending March 2026 |
| Accounting period in which recognized | Fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Impact on Earnings Forecast | The full-year consolidated earnings forecasts were revised to sales of ¥62,000 million, operating income of ¥1,450 million, ordinary income of ¥1,400 million, net income attributable to owners of the parent of ¥50 million and earnings per share of ¥1.96. The year-end dividend forecast remains unchanged at ¥53 per share. The final figures will be reported again in the financial results summary scheduled for publication on 11 May 2026. |
| Outlook | The audit procedures will continue, and the final figures will be reported again in the financial results summary scheduled for publication on 11 May 2026. Actual results and other outcomes may differ due to various factors. |
| Planned follow-up disclosure | The final figures will be reported again in the financial results summary scheduled for publication on 11 May 2026. |
Items this document does not state (15)
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.Profitability declined at certain overseas subsidiaries due to changes in the business environment and other factors, and some fixed assets are no longer expected to be used following future production reallocations. The earnings forecast revision also reflects a reassessment of provisions and tax expenses, sales trends in the automotive industry, increases in variable costs and other factors, in addition to the impairment expense.