Recognition of non-operating expenses (derivative valuation loss)
IRISO ELECTRONICS CO.,LTD. (filing company)
Raw materials (gold and copper) derivative transactions
Raw material prices declined compared with their levels at the time the contracts were entered into.
Cumulative consolidated period through the first quarter: ¥1,257 million (non-operating expenses and valuation losses on derivatives); cumulative consolidated period through the second quarter: ¥825 million (non-operating expenses and valuation losses on derivatives)
The cumulative consolidated periods through the first and second quarters (interim period) of the fiscal year ending March 2027
| Item | Details |
|---|---|
| Event name | Recognition of non-operating expenses (derivative valuation loss) |
| Date of occurrence | Specific date of occurrence: Not disclosed. The covered periods are from 1 April 2026 to 30 June 2026 (cumulative consolidated period through the first quarter) and from 1 April 2026 to 30 September 2026 (cumulative consolidated period through the second quarter). |
| Subject Entity | IRISO ELECTRONICS CO.,LTD. (filing company) |
| Target Locations / Products | Raw materials (gold and copper) derivative transactions |
| Cause | Raw material prices declined compared with their levels at the time the contracts were entered into. |
| Amount of Impact on Business Performance | Cumulative consolidated period through the first quarter: ¥1,257 million (non-operating expenses and valuation losses on derivatives); cumulative consolidated period through the second quarter: ¥825 million (non-operating expenses and valuation losses on derivatives) |
| Accounting period in which recognized | The cumulative consolidated periods through the first and second quarters (interim period) of the fiscal year ending March 2027 |
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 began gold and copper derivative transactions from the fiscal year ending March 2027 to stabilize earnings, but raw material prices declined from their levels at the time the contracts were entered into.