Recognition of an extraordinary loss
Solasto Corporation (the Company)
Certain nursing care facilities and childcare facilities
Profitability declined at certain nursing care facilities and childcare facilities, and we determined that recovery of the investments could not be expected. In addition, advisory fees and other expenses were incurred in connection with the tender offer by MP-2605株式会社 for the Company's common shares.
¥1,148 million (extraordinary loss). This comprised impairment losses of ¥751 million and tender offer-related expenses of ¥397 million.
The fourth quarter of fiscal 2025 (1 April 2025 to 31 March 2026), and the consolidated financial results for fiscal 2025
Related procedures
Tender offer
| Item | Details |
|---|---|
| Event name | Recognition of an extraordinary loss |
| Subject Entity | Solasto Corporation (the Company) |
| Target Locations / Products | Certain nursing care facilities and childcare facilities |
| Cause | Profitability declined at certain nursing care facilities and childcare facilities, and we determined that recovery of the investments could not be expected. In addition, advisory fees and other expenses were incurred in connection with the tender offer by MP-2605株式会社 for the Company's common shares. |
| Amount of Impact on Business Performance | ¥1,148 million (extraordinary loss). This comprised impairment losses of ¥751 million and tender offer-related expenses of ¥397 million. |
| Accounting period in which recognized | The fourth quarter of fiscal 2025 (1 April 2025 to 31 March 2026), and the consolidated financial results for fiscal 2025 |
| Type of litigation or proceeding | Tender offer |
Items this document does not state (18)
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.Because profitability declined at certain nursing care facilities and childcare facilities, and we determined that recovery of the investments could not be expected. In addition, advisory fees and other expenses were incurred in connection with the tender offer by MP-2605株式会社.