Recognition of an extraordinary loss in the financial results for the fiscal year ending June 2026
Consolidated subsidiaries リファインバース株式会社 and リファインマテリアル株式会社
Ichinomiya Factory, the factory to which operations are being relocated in Gamagori, Aichi Prefecture, the new production line within the Refineverse Innovation Center, recycled nylon material “REAMIDE®,” recycled polyvinyl chloride resin “Refine Powder,” and polyolefins including polyethylene and polypropylene
Equipment relocation costs and restoration costs for the former Ichinomiya Factory arising from its relocation, as well as inventory disposal costs arising from the construction of the production line
Factory relocation costs of ¥61 million and inventory disposal costs of ¥18 million. These costs were recognized as an extraordinary loss in the consolidated income statement for the fiscal year ending June 2026.
Fiscal year ending June 2026 (1 July 2025 to 30 June 2026)
Please refer to “Summary of Financial Results for the Fiscal Year Ending June 2026 [Japanese GAAP] (Consolidated),” released today.
リファインバース株式会社 will relocate its factory to Gamagori, Aichi Prefecture, and リファインマテリアル株式会社 will construct a new production line within the Refineverse Innovation Center.
| Item | Details |
|---|---|
| Event name | Recognition of an extraordinary loss in the financial results for the fiscal year ending June 2026 |
| Subject Entity | Consolidated subsidiaries リファインバース株式会社 and リファインマテリアル株式会社 |
| Target Locations / Products | Ichinomiya Factory, the factory to which operations are being relocated in Gamagori, Aichi Prefecture, the new production line within the Refineverse Innovation Center, recycled nylon material “REAMIDE®,” recycled polyvinyl chloride resin “Refine Powder,” and polyolefins including polyethylene and polypropylene |
| Cause | Equipment relocation costs and restoration costs for the former Ichinomiya Factory arising from its relocation, as well as inventory disposal costs arising from the construction of the production line |
| Amount of Impact on Business Performance | Factory relocation costs of ¥61 million and inventory disposal costs of ¥18 million. These costs were recognized as an extraordinary loss in the consolidated income statement for the fiscal year ending June 2026. |
| Accounting period in which recognized | Fiscal year ending June 2026 (1 July 2025 to 30 June 2026) |
| Impact on Earnings Forecast | Please refer to “Summary of Financial Results for the Fiscal Year Ending June 2026 [Japanese GAAP] (Consolidated),” released today. |
| Outlook | リファインバース株式会社 will relocate its factory to Gamagori, Aichi Prefecture, and リファインマテリアル株式会社 will construct a new production line within the Refineverse Innovation Center. |
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.In connection with リファインバース株式会社’s relocation of the Ichinomiya Factory to Gamagori, Aichi Prefecture, and リファインマテリアル株式会社’s construction of a new production line within the Refineverse Innovation Center, equipment relocation costs, restoration costs, and inventory disposal costs were incurred on a non-recurring basis as the companies work toward achieving their medium-term management plan.