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Occurring Fact7294YOROZU CORPORATIONAutomobiles & Transportation Equipment

Notice Regarding the Recording of an Extraordinary Loss (Economic Compensation)

The consolidated subsidiary 武漢萬宝井汽車部件有限公司 (W-YBM) terminated its labor contracts with 291 employees and recorded ¥708 million in economic compensation as an extraordinary loss.

Worth reading
37Immaterial
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
708
¥ millions (extraordinary loss)
Wording
Definitive
How definitive the wording is.

Recording of an Extraordinary Loss (Economic Compensation)

Subject Entity

武漢萬宝井汽車部件有限公司 (W-YBM)

Occurrence1 April 2026 to 30 September 2026 (interim consolidated accounting period of the fiscal year ending March 2027)
This disclosure11/13/2026
Cause

Implementation of measures including workforce optimisation, primarily due to the sharp decline in production volume at the consolidated subsidiary 武漢萬宝井汽車部件有限公司 (W-YBM)

Amount of Impact on Business Performance

¥708 million (extraordinary loss)

Accounting period in which recognized

Interim consolidated accounting period of the fiscal year ending March 2027 (1 April 2026 to 30 September 2026)

Outlook

Payment of the economic compensation has been completed

Event that occurred
ItemDetails
Event nameRecording of an Extraordinary Loss (Economic Compensation)
Date of occurrence1 April 2026 to 30 September 2026 (interim consolidated accounting period of the fiscal year ending March 2027)
Subject Entity武漢萬宝井汽車部件有限公司 (W-YBM)
CauseImplementation of measures including workforce optimisation, primarily due to the sharp decline in production volume at the consolidated subsidiary 武漢萬宝井汽車部件有限公司 (W-YBM)
Amount of Impact on Business Performance¥708 million (extraordinary loss)
Accounting period in which recognizedInterim consolidated accounting period of the fiscal year ending March 2027 (1 April 2026 to 30 September 2026)
OutlookPayment of the economic compensation has been completed
Items this document does not state (18)
Date recognized / date notice receivedTarget Locations / ProductsImpact on Earnings ForecastType 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.

Because the company implemented measures including workforce optimisation, primarily in response to the sharp decline in production volume at W-YBM.

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Notice Regarding the Recording of an Extraordinary Loss (Economic Compensation) | YOROZU CORPORATION (7294) timely disclosure | Komori