Notice Regarding the Recognition of an Inventory Valuation Loss, Non-operating Income and Extraordinary Loss
ウインテスト株式会社 (the Company group)
Inventories held by the Company, foreign currency-denominated assets and other items held by the Company, and fixed assets held by the Company
The carrying amount of inventories was reduced in accordance with the accounting estimate policy established by the Company. The foreign exchange gain resulted from the remeasurement of foreign currency-denominated assets and other items at the exchange rate on the interim period-end date due to fluctuations in foreign exchange rates. The impairment loss resulted from the application of the Accounting Standard for Impairment of Fixed Assets after determining, in light of the recent earnings situation, that impairment indicators existed.
During the second-quarter consolidated accounting period, the Company recognized an inventory valuation loss of ¥53.499 million (cost of sales) and a foreign exchange gain of ¥13.014 million (non-operating income). During the interim consolidated accounting period, it recognized an impairment loss of ¥25.361 million (extraordinary loss). On a cumulative basis, the inventory valuation loss was ¥124.868 million and the foreign exchange gain was ¥13.158 million.
Inventory valuation loss and foreign exchange gain: the second-quarter consolidated accounting period (1 April 2026–30 June 2026). Impairment loss: the interim consolidated accounting period (1 January 2026–30 June 2026).
For the impact on earnings described above, see the "Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)" published today. Any revision to or maintenance of the earnings forecast: not disclosed.
The inventories concerned are scheduled to be incorporated in full into products shipped from the third quarter onward.
| Item | Details |
|---|---|
| Event name | Notice Regarding the Recognition of an Inventory Valuation Loss, Non-operating Income and Extraordinary Loss |
| Date of occurrence | 1 April 2026–30 June 2026 (the second-quarter consolidated accounting period; individual recognition date: not disclosed) |
| Subject Entity | ウインテスト株式会社 (the Company group) |
| Target Locations / Products | Inventories held by the Company, foreign currency-denominated assets and other items held by the Company, and fixed assets held by the Company |
| Cause | The carrying amount of inventories was reduced in accordance with the accounting estimate policy established by the Company. The foreign exchange gain resulted from the remeasurement of foreign currency-denominated assets and other items at the exchange rate on the interim period-end date due to fluctuations in foreign exchange rates. The impairment loss resulted from the application of the Accounting Standard for Impairment of Fixed Assets after determining, in light of the recent earnings situation, that impairment indicators existed. |
| Amount of Impact on Business Performance | During the second-quarter consolidated accounting period, the Company recognized an inventory valuation loss of ¥53.499 million (cost of sales) and a foreign exchange gain of ¥13.014 million (non-operating income). During the interim consolidated accounting period, it recognized an impairment loss of ¥25.361 million (extraordinary loss). On a cumulative basis, the inventory valuation loss was ¥124.868 million and the foreign exchange gain was ¥13.158 million. |
| Accounting period in which recognized | Inventory valuation loss and foreign exchange gain: the second-quarter consolidated accounting period (1 April 2026–30 June 2026). Impairment loss: the interim consolidated accounting period (1 January 2026–30 June 2026). |
| Impact on Earnings Forecast | For the impact on earnings described above, see the "Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)" published today. Any revision to or maintenance of the earnings forecast: not disclosed. |
| Outlook | The inventories concerned are scheduled to be incorporated in full into products shipped from the third quarter onward. |
Items this document does not state (16)
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 carrying amount of inventories was reduced in accordance with the accounting estimate policy. The foreign exchange gain arose from the remeasurement of foreign currency-denominated assets and other items at the exchange rate on the interim period-end date due to fluctuations in foreign exchange rates. The impairment loss was recognized because impairment indicators were determined to exist based on the recent earnings situation, and the impairment accounting standard was applied.