Recognition of Non-Operating Expenses (Non-Consolidated) and an Extraordinary Loss (Consolidated)
The Company (NTN CORPORATION) and its consolidated subsidiaries
Fixed assets in Japan, the Americas, Europe, Asia and other regions
The Company determined that it was necessary to recognize provisions relating to the consolidated subsidiary's excess liabilities and loans to the consolidated subsidiary. The impairment loss was recognized following a careful assessment of the future recoverability of fixed assets, taking into account declining profitability associated with production restructuring and changes in the business environment.
¥5,612 million in provision for losses on debt guarantees and ¥3,319 million in provision for doubtful accounts (non-consolidated non-operating expenses, eliminated in the consolidated financial statements), and an impairment loss of ¥8,090 million (consolidated extraordinary loss)
The fiscal year ending March 2026 (the fourth-quarter cumulative consolidated accounting period)
The impact of the impairment loss described above on results has been reflected in the “Summary of Consolidated Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP]” announced today.
| Item | Details |
|---|---|
| Event name | Recognition of Non-Operating Expenses (Non-Consolidated) and an Extraordinary Loss (Consolidated) |
| Date of occurrence | Within the fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Subject Entity | The Company (NTN CORPORATION) and its consolidated subsidiaries |
| Target Locations / Products | Fixed assets in Japan, the Americas, Europe, Asia and other regions |
| Cause | The Company determined that it was necessary to recognize provisions relating to the consolidated subsidiary's excess liabilities and loans to the consolidated subsidiary. The impairment loss was recognized following a careful assessment of the future recoverability of fixed assets, taking into account declining profitability associated with production restructuring and changes in the business environment. |
| Amount of Impact on Business Performance | ¥5,612 million in provision for losses on debt guarantees and ¥3,319 million in provision for doubtful accounts (non-consolidated non-operating expenses, eliminated in the consolidated financial statements), and an impairment loss of ¥8,090 million (consolidated extraordinary loss) |
| Accounting period in which recognized | The fiscal year ending March 2026 (the fourth-quarter cumulative consolidated accounting period) |
| Impact on Earnings Forecast | The impact of the impairment loss described above on results has been reflected in the “Summary of Consolidated Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP]” announced today. |
Items this document does not state (17)
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 Company determined that it was necessary to recognize provisions for the consolidated subsidiary's excess liabilities and loans to the subsidiary. In addition, it carefully assessed the future recoverability of fixed assets in light of declining profitability associated with production restructuring and changes in the business environment.