Recognition of non-operating income (life insurance surrender value)
KAN-NANMARU CORPORATION (filing company)
Life insurance policy held by the Company
Cancellation of the life insurance policy held by the Company to strengthen the financial position and improve cash flow
¥14 million (non-operating income: "life insurance surrender value")
First-quarter financial results
The Company is reviewing the future business environment and other earnings trends and will promptly announce any revision if one becomes necessary.
The Company will review the future business environment and other earnings trends and promptly announce any revision if one becomes necessary.
The Company will promptly announce any revision if one becomes necessary.
| Item | Details |
|---|---|
| Event name | Recognition of non-operating income (life insurance surrender value) |
| Date of occurrence | 14 September 2026 (the date the Board of Directors resolved to cancel the policy; cancellation date: Not disclosed) |
| Subject Entity | KAN-NANMARU CORPORATION (filing company) |
| Target Locations / Products | Life insurance policy held by the Company |
| Cause | Cancellation of the life insurance policy held by the Company to strengthen the financial position and improve cash flow |
| Amount of Impact on Business Performance | ¥14 million (non-operating income: "life insurance surrender value") |
| Accounting period in which recognized | First-quarter financial results |
| Impact on Earnings Forecast | The Company is reviewing the future business environment and other earnings trends and will promptly announce any revision if one becomes necessary. |
| Outlook | The Company will review the future business environment and other earnings trends and promptly announce any revision if one becomes necessary. |
| Planned follow-up disclosure | The Company will promptly announce any revision if one becomes necessary. |
Items this document does not state (15)
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 life insurance policy was cancelled to strengthen the financial position and improve cash flow.