Recognition of an extraordinary loss
Open株式会社 (our consolidated subsidiary)
Part of the fixed assets (long-term prepaid expenses)
After ガバメイツ社 disclosed its intention to withdraw from the business and refused to refund the consideration paid, the future recoverable amount was carefully reviewed, resulting in the recognition of an impairment loss.
¥145 million (impairment loss, extraordinary loss)
Fiscal year ended February 2026
¥195 million (consideration paid to ガバメイツ社; a refund is being sought from ガバメイツ社 and CHANGE Holdings,Inc.)
Related procedures
Claim for refund of consideration paid, demands for payment and negotiations (no litigation or other legal proceedings disclosed)
¥195 million (amount claimed as a refund of the consideration paid)
オープン社 will continue to seek a refund of the consideration paid from ガバメイツ社 and continue negotiations, while considering its future response.
| Item | Details |
|---|---|
| Event name | Recognition of an extraordinary loss |
| Date of occurrence | January 2025 (when ガバメイツ社 disclosed its intention to withdraw from the business) |
| Subject Entity | Open株式会社 (our consolidated subsidiary) |
| Target Locations / Products | Part of the fixed assets (long-term prepaid expenses) |
| Cause | After ガバメイツ社 disclosed its intention to withdraw from the business and refused to refund the consideration paid, the future recoverable amount was carefully reviewed, resulting in the recognition of an impairment loss. |
| Amount of Impact on Business Performance | ¥145 million (impairment loss, extraordinary loss) |
| Accounting period in which recognized | Fiscal year ended February 2026 |
| Type of litigation or proceeding | Claim for refund of consideration paid, demands for payment and negotiations (no litigation or other legal proceedings disclosed) |
| Claim amount / surcharge amount | ¥195 million (amount claimed as a refund of the consideration paid) |
| Amount of receivables at risk of non-collection or delayed collection | ¥195 million (consideration paid to ガバメイツ社; a refund is being sought from ガバメイツ社 and CHANGE Holdings,Inc.) |
| Outlook | オープン社 will continue to seek a refund of the consideration paid from ガバメイツ社 and continue negotiations, while considering its future response. |
Items this document does not state (14)
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.After carefully reviewing the future recoverable amount of the fixed assets, it was determined that an impairment loss should be recognized. The amount has not been recovered because ガバメイツ社, the joint venture partner, indicated that it intends to withdraw from the business and refused to refund the consideration paid.