2026-08-06First statedRevisions to earnings forecasts
「With respect to housing savings at a Chinese subsidiary, a system under which the company and employees contribute equal amounts, the subsidiary had previously made contributions that did not comply with applicable laws based on local Chinese practices. As part of the structural reforms launched this fiscal year, we have revised the monthly contribution amount to the legally required amount and additionally incorporated ¥1 billion into our plan as an extraordinary loss, representing the estimated legally required contributions for past periods for current employees.」
This is the first disclosure to present together the Chinese subsidiary's past non-compliant housing savings contributions, the revision of monthly contributions to meet statutory requirements, and the planned recognition of ¥1 billion in extraordinary losses for past periods relating to current employees.