Recognition of an extraordinary loss
Filing company: QD Laser, Inc.
Company locations (new location: Totsuka Ward, Yokohama City); fixed assets in the Laser Optical Solutions business segment
Head office relocation expenses: Rent for the current location overlapped until occupancy of the new location to allow interior construction and other work to begin, and rent for the new location and various relocation-related expenses were incurred. Impairment loss: Expected revenue was no longer expected to be generated over the estimated useful life of the asset group, reducing its recoverability.
Head office relocation expenses: ¥43.772 million (extraordinary loss); impairment loss: ¥5.841 million (extraordinary loss)
Fiscal year ending March 2026 (1 April 2025 to 31 March 2026)
The above extraordinary losses have been reflected in the "Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Non-consolidated)" released today. Revision of the earnings forecast: Not disclosed.
| Item | Details |
|---|---|
| Event name | Recognition of an extraordinary loss |
| Date of occurrence | Head office relocation: April 2026. Date of impairment loss: Not disclosed |
| Subject Entity | Filing company: QD Laser, Inc. |
| Target Locations / Products | Company locations (new location: Totsuka Ward, Yokohama City); fixed assets in the Laser Optical Solutions business segment |
| Cause | Head office relocation expenses: Rent for the current location overlapped until occupancy of the new location to allow interior construction and other work to begin, and rent for the new location and various relocation-related expenses were incurred. Impairment loss: Expected revenue was no longer expected to be generated over the estimated useful life of the asset group, reducing its recoverability. |
| Amount of Impact on Business Performance | Head office relocation expenses: ¥43.772 million (extraordinary loss); impairment loss: ¥5.841 million (extraordinary loss) |
| Accounting period in which recognized | Fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Impact on Earnings Forecast | The above extraordinary losses have been reflected in the "Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Non-consolidated)" released today. Revision of the earnings forecast: Not disclosed. |
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 head office relocation expenses arose because rent for the former and new locations overlapped until interior construction and other work at the new location could begin, and relocation-related expenses were also incurred. The impairment loss was recognized because the expected revenue was no longer expected to be generated over the estimated useful life of the asset group, reducing its recoverability.