The fair value of the single-crystal growth furnaces to be received free of charge from Raicol Crystals Ltd. is expected to be recognized as an extraordinary gain in the second and third quarters of the fiscal year ending February 2027. Gain on donation of fixed assets for the full fiscal year is expected to be ¥280 million.
OXIDE Corporation (the Company)
Single-crystal growth furnaces (a certain number)
Because it had been agreed that a certain number of single-crystal growth furnaces would be received free of charge from Raicol Crystals Ltd. in connection with the transfer of its shares.
The Company expects to recognize gain on donation of fixed assets (extraordinary gain) of ¥160 million in the second quarter, ¥120 million in the third quarter, and ¥280 million for the full fiscal year ending February 2027.
The second quarter, third quarter and full fiscal year ending February 2027
The Company plans to disclose a revision to its full-year consolidated earnings forecast on 15 October 2026, following a review conducted in conjunction with its second-quarter financial results, reflecting the recognition of this extraordinary gain.
The Company plans to review the matter together with its results through the second quarter and disclose a revision to its full-year consolidated earnings forecast on 15 October 2026.
The Company plans to disclose a revision to its full-year consolidated earnings forecast on 15 October 2026, together with its second-quarter financial results.
| Item | Details |
|---|---|
| Event name | Recognition of an Extraordinary Gain (Gain on Donation of Fixed Assets) |
| Subject Entity | OXIDE Corporation (the Company) |
| Target Locations / Products | Single-crystal growth furnaces (a certain number) |
| Cause | Because it had been agreed that a certain number of single-crystal growth furnaces would be received free of charge from Raicol Crystals Ltd. in connection with the transfer of its shares. |
| Amount of Impact on Business Performance | The Company expects to recognize gain on donation of fixed assets (extraordinary gain) of ¥160 million in the second quarter, ¥120 million in the third quarter, and ¥280 million for the full fiscal year ending February 2027. |
| Accounting period in which recognized | The second quarter, third quarter and full fiscal year ending February 2027 |
| Impact on Earnings Forecast | The Company plans to disclose a revision to its full-year consolidated earnings forecast on 15 October 2026, following a review conducted in conjunction with its second-quarter financial results, reflecting the recognition of this extraordinary gain. |
| Outlook | The Company plans to review the matter together with its results through the second quarter and disclose a revision to its full-year consolidated earnings forecast on 15 October 2026. |
| Planned follow-up disclosure | The Company plans to disclose a revision to its full-year consolidated earnings forecast on 15 October 2026, together with its second-quarter financial results. |
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.
In connection with the transfer of shares in Raicol Crystals Ltd. announced on 28 January 2026, it was agreed that a certain number of single-crystal growth furnaces would be received free of charge from the company. The fair value of the furnaces will therefore be recognized as a gain on donation of fixed assets.