Notice Regarding Recognition of Inventory Valuation Loss and Foreign Exchange Loss
Filing company (EDP Corporation)
Inventories of products, intermediate products and materials including seed crystals and rough stones, and the company's foreign-currency-denominated deposits and accounts receivable
A review of inventory valuations based on recent sales and order conditions, and the revaluation of foreign-currency-denominated deposits and accounts receivable at the exchange rates prevailing at the end of the period
Inventory valuation loss of ¥68 million (cost of sales), foreign exchange loss of ¥16 million
The interim consolidated accounting period of the fiscal year ending March 2027 (1 April 2026 to 30 September 2026)
Already reflected in the forecast figures stated in the notice regarding the revision of the full-year earnings forecast for the fiscal year ending March 2027
This matter is reflected in the forecast figures for the full-year earnings forecast for the fiscal year ending March 2027.
| Item | Details |
|---|---|
| Event name | Notice Regarding Recognition of Inventory Valuation Loss and Foreign Exchange Loss |
| Date of occurrence | 12 November 2026 (date of board resolution; period covered: 1 April 2026 to 30 September 2026) |
| Date recognized / date notice received | 12 November 2026 (recognition approved by the Board of Directors) |
| Subject Entity | Filing company (EDP Corporation) |
| Target Locations / Products | Inventories of products, intermediate products and materials including seed crystals and rough stones, and the company's foreign-currency-denominated deposits and accounts receivable |
| Cause | A review of inventory valuations based on recent sales and order conditions, and the revaluation of foreign-currency-denominated deposits and accounts receivable at the exchange rates prevailing at the end of the period |
| Amount of Impact on Business Performance | Inventory valuation loss of ¥68 million (cost of sales), foreign exchange loss of ¥16 million |
| Accounting period in which recognized | The interim consolidated accounting period of the fiscal year ending March 2027 (1 April 2026 to 30 September 2026) |
| Impact on Earnings Forecast | Already reflected in the forecast figures stated in the notice regarding the revision of the full-year earnings forecast for the fiscal year ending March 2027 |
| Outlook | This matter is reflected in the forecast figures for the full-year earnings forecast for the fiscal year ending March 2027. |
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 inventory valuation loss resulted from a review of inventory valuations based on recent sales and order conditions. The foreign exchange loss resulted from revaluing foreign-currency-denominated deposits and accounts receivable at the exchange rates prevailing at the end of the period.