Recognition of an extraordinary loss
The filing company (the Company), the Company Group, and Powerbox International AB (PRBX)
All shares in Powerbox International AB (PRBX), loans to PRBX, and intangible assets held by the Company Group
Recognition of a valuation loss on loans to PRBX and various expenses associated with the transfer of shares. In addition, the Company examined the recoverability of intangible assets based on future earnings outlooks and other factors.
¥3,633 million in loss on the liquidation of an affiliated company (extraordinary loss) and ¥53 million in impairment loss (extraordinary loss)
The consolidated fiscal year ending May 2026
This matter is one of the factors behind the variance described in the "Notice Regarding the Difference Between the Forecast and Actual Results" disclosed on the same day
| Item | Details |
|---|---|
| Event name | Recognition of an extraordinary loss |
| Subject Entity | The filing company (the Company), the Company Group, and Powerbox International AB (PRBX) |
| Target Locations / Products | All shares in Powerbox International AB (PRBX), loans to PRBX, and intangible assets held by the Company Group |
| Cause | Recognition of a valuation loss on loans to PRBX and various expenses associated with the transfer of shares. In addition, the Company examined the recoverability of intangible assets based on future earnings outlooks and other factors. |
| Amount of Impact on Business Performance | ¥3,633 million in loss on the liquidation of an affiliated company (extraordinary loss) and ¥53 million in impairment loss (extraordinary loss) |
| Accounting period in which recognized | The consolidated fiscal year ending May 2026 |
| Impact on Earnings Forecast | This matter is one of the factors behind the variance described in the "Notice Regarding the Difference Between the Forecast and Actual Results" disclosed on the same day |
Items this document does not state (18)
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 recognized a valuation loss on loans to Powerbox International AB and various expenses associated with the transfer of shares. In addition, based on future earnings outlooks and other factors, the Company examined the recoverability of intangible assets and recognized an impairment loss.