Komori
Occurring Fact7215FALTEC Co.,Ltd.Automobiles and transportation equipment

Notice Regarding the Recording of Extraordinary Loss

The Company expects to recognize approximately ¥1.5 billion in impairment losses as an extraordinary loss in the fiscal year ending March 2026, based on the future recoverability of certain operating assets held by its overseas subsidiaries and domestic factories. The impact has been reflected in the revisions to the full-year consolidated earnings forecasts.

Worth reading
40Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
15
Hundreds of millions of yen
Wording
Avoiding a definitive answer
How definitive the wording is.

Recognition of Extraordinary Loss (Impairment Loss)

Subject Entity

The Company's overseas subsidiaries and domestic factories

Target Locations / Products

Certain operating assets held by the overseas subsidiaries and domestic factories

This disclosure03/27/2026
Cause

The significant decline in production by major customers on a global scale and the impact on the business environment from the reorganization of production sequencing

Amount of Impact on Business Performance

Approximately ¥1.5 billion (extraordinary loss and impairment loss)

Accounting period in which recognized

Fiscal year ending March 2026

Impact on Earnings Forecast

Reflected in the "Notice Regarding Revisions to the Full-Year Consolidated Earnings Forecasts for the Fiscal Year Ending March 2026," announced today

Outlook

The Company expects to recognize an impairment loss in the fiscal year ending March 2026

Event that occurred
ItemDetails
Event nameRecognition of Extraordinary Loss (Impairment Loss)
Subject EntityThe Company's overseas subsidiaries and domestic factories
Target Locations / ProductsCertain operating assets held by the overseas subsidiaries and domestic factories
CauseThe significant decline in production by major customers on a global scale and the impact on the business environment from the reorganization of production sequencing
Amount of Impact on Business PerformanceApproximately ¥1.5 billion (extraordinary loss and impairment loss)
Accounting period in which recognizedFiscal year ending March 2026
Impact on Earnings ForecastReflected in the "Notice Regarding Revisions to the Full-Year Consolidated Earnings Forecasts for the Fiscal Year Ending March 2026," announced today
OutlookThe Company expects to recognize an impairment loss in the fiscal year ending March 2026
Items this document does not state (17)
Date of occurrenceDate recognized / date notice receivedType of litigation or proceedingCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the changePlanned follow-up disclosure

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 considered future recoverability in light of the significant decline in production by major customers on a global scale and the impact on the business environment from the reorganization of production sequencing.

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Notice Regarding the Recording of Extraordinary Loss | FALTEC Co.,Ltd. (7215) timely disclosure | Komori