Notice Regarding the Recognition of Non-operating Income
SANDEN CORPORATION (filing company). The main company concerned is Huayu Sanden Automotive Air Conditioning Co., Ltd. (affiliate accounted for using the equity method and affiliated company).
The amount primarily relates to Huayu Sanden Automotive Air Conditioning Co., Ltd., an affiliate of the Company accounted for using the equity method. Dividend income also primarily relates to the same company, which is an affiliated company of the Company.
¥2,710 million in equity in earnings of affiliates (non-operating income, consolidated) and ¥5,818 million in dividend income (non-operating income, non-consolidated). Dividend income is eliminated in the consolidated financial statements.
Cumulative second-quarter period of the fiscal year ending December 2026 (equity in earnings of affiliates); cumulative second-quarter period of the fiscal year ending December 2026 (dividend income, non-consolidated)
The above non-operating income is reflected in the Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 under Japanese GAAP, released today. Dividend income is eliminated in the consolidated financial statements and therefore has no impact on consolidated results.
| Item | Details |
|---|---|
| Event name | Notice Regarding the Recognition of Non-operating Income |
| Subject Entity | SANDEN CORPORATION (filing company). The main company concerned is Huayu Sanden Automotive Air Conditioning Co., Ltd. (affiliate accounted for using the equity method and affiliated company). |
| Cause | The amount primarily relates to Huayu Sanden Automotive Air Conditioning Co., Ltd., an affiliate of the Company accounted for using the equity method. Dividend income also primarily relates to the same company, which is an affiliated company of the Company. |
| Amount of Impact on Business Performance | ¥2,710 million in equity in earnings of affiliates (non-operating income, consolidated) and ¥5,818 million in dividend income (non-operating income, non-consolidated). Dividend income is eliminated in the consolidated financial statements. |
| Accounting period in which recognized | Cumulative second-quarter period of the fiscal year ending December 2026 (equity in earnings of affiliates); cumulative second-quarter period of the fiscal year ending December 2026 (dividend income, non-consolidated) |
| Impact on Earnings Forecast | The above non-operating income is reflected in the Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 under Japanese GAAP, released today. Dividend income is eliminated in the consolidated financial statements and therefore has no impact on consolidated results. |
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.The equity in earnings of affiliates and dividend income primarily relate to Huayu Sanden Automotive Air Conditioning Co., Ltd., an affiliate accounted for using the equity method and an affiliated company, respectively.