Recognition of an extraordinary loss
Futaba Corporation (the filing company)
Company-wide core system (the company-wide core system renewal currently under development)
Following a review of the recoverability of the investment in the company-wide core system, based on recent business performance trends and other factors
¥1,491 million (loss related to the license and service provision contracts, recognized as an extraordinary loss)
The consolidated accounting period for the first quarter of the fiscal year ending March 2027 (1 April 2026 to 30 June 2026)
For the impact of the recognition of the extraordinary loss described above on financial performance, please refer to the “Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)” released today.
| Item | Details |
|---|---|
| Event name | Recognition of an extraordinary loss |
| Date of occurrence | 1 April 2026–30 June 2026 (recognized during the consolidated accounting period for the first quarter) |
| Subject Entity | Futaba Corporation (the filing company) |
| Target Locations / Products | Company-wide core system (the company-wide core system renewal currently under development) |
| Cause | Following a review of the recoverability of the investment in the company-wide core system, based on recent business performance trends and other factors |
| Amount of Impact on Business Performance | ¥1,491 million (loss related to the license and service provision contracts, recognized as an extraordinary loss) |
| Accounting period in which recognized | The consolidated accounting period for the first quarter of the fiscal year ending March 2027 (1 April 2026 to 30 June 2026) |
| Impact on Earnings Forecast | For the impact of the recognition of the extraordinary loss described above on financial performance, please refer to the “Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)” released today. |
Items this document does not state (17)
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.Following a review of the recoverability of the investment in the company-wide core system, based on recent business performance trends and other factors.