Reduction accounting for replacement assets acquired in connection with the transfer of fixed assets and recognition of extraordinary income and extraordinary loss
IKEGAMI TSUSHINKI CO.,LTD. and the IKEGAMI TSUSHINKI CO.,LTD. Group
Shiohama Works; System Center new building (117 Kawauchi, Takaya, Fujisawa, Kanagawa); System Center main building; Procurement Center; 株式会社テクノイケガミ
The Company will apply the special tax treatment for the replacement of specified assets under the Act on Special Measures Concerning Taxation to part of the gain on the sale of fixed assets arising from the transfer consideration for the Shiohama Works.
Extraordinary income (gain on sale of fixed assets): ¥1,227 million; extraordinary loss (loss on reduction of fixed assets): ¥569 million
Fiscal year ending March 2027 (scheduled for December 2026)
Already incorporated into the Summary of Financial Results [Japanese GAAP] (Consolidated) for the fiscal year ended March 2026
The Company plans to transfer the land and buildings at the Shiohama Works in December 2026 and recognize the loss on reduction of fixed assets around the same time. 株式会社テクノイケガミ is scheduled to move from the Shiohama Works to the System Center in November 2026. Seismic retrofitting work on the System Center main building is scheduled for completion in September 2026.
| Item | Details |
|---|---|
| Event name | Reduction accounting for replacement assets acquired in connection with the transfer of fixed assets and recognition of extraordinary income and extraordinary loss |
| Date of occurrence | 14 May 2026 (the Board of Directors resolved to implement the reduction accounting) |
| Subject Entity | IKEGAMI TSUSHINKI CO.,LTD. and the IKEGAMI TSUSHINKI CO.,LTD. Group |
| Target Locations / Products | Shiohama Works; System Center new building (117 Kawauchi, Takaya, Fujisawa, Kanagawa); System Center main building; Procurement Center; 株式会社テクノイケガミ |
| Cause | The Company will apply the special tax treatment for the replacement of specified assets under the Act on Special Measures Concerning Taxation to part of the gain on the sale of fixed assets arising from the transfer consideration for the Shiohama Works. |
| Amount of Impact on Business Performance | Extraordinary income (gain on sale of fixed assets): ¥1,227 million; extraordinary loss (loss on reduction of fixed assets): ¥569 million |
| Accounting period in which recognized | Fiscal year ending March 2027 (scheduled for December 2026) |
| Impact on Earnings Forecast | Already incorporated into the Summary of Financial Results [Japanese GAAP] (Consolidated) for the fiscal year ended March 2026 |
| Outlook | The Company plans to transfer the land and buildings at the Shiohama Works in December 2026 and recognize the loss on reduction of fixed assets around the same time. 株式会社テクノイケガミ is scheduled to move from the Shiohama Works to the System Center in November 2026. Seismic retrofitting work on the System Center main building is scheduled for completion in September 2026. |
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 Company will apply the special tax treatment for the replacement of specified assets under the Act on Special Measures Concerning Taxation to part of the gain on the sale of fixed assets arising from the transfer consideration for the Shiohama Works. The transfer is intended to make effective use of management resources and improve asset efficiency, while the replacement is intended to transfer production and improve production efficiency.