Recognition of an Extraordinary Loss (Impairment Loss on Fixed Assets)
株式会社ウイル・コーポレーション, the Company's consolidated subsidiary
Former Kanto Plant, Tako Dormitory (address: 1032 Mito Aza Yano-uchi, Tako-machi, Katori-gun, Chiba Prefecture)
An indication of impairment was identified, and the recoverability of the relevant fixed asset was reviewed. Since the closure of the former Kanto Plant, the Company has continued efforts to sell the asset and conducted an appropriate asset valuation based on its current carrying amount.
¥88 million (extraordinary loss (impairment loss on fixed assets))
Second quarter of the fiscal year ending October 2026, consolidated accounting period
This has been reflected in the "Summary of Financial Results for the Fiscal Year Ending October 2026 [Japanese GAAP] (Consolidated)" and the "Notice Regarding Revisions to the Earnings Forecast" released today.
Company response
Closure of the former Kanto Plant (the employee dormitory became an idle asset following the closure)
The Company will continue to promote the optimization of management resources, including the prompt disposal of idle assets, and work to strengthen its financial position and enhance corporate value.
| Item | Details |
|---|---|
| Event name | Recognition of an Extraordinary Loss (Impairment Loss on Fixed Assets) |
| Date of occurrence | Second quarter of the fiscal year ending October 2026, consolidated accounting period (1 February 2025 to 30 April 2026) |
| Subject Entity | 株式会社ウイル・コーポレーション, the Company's consolidated subsidiary |
| Target Locations / Products | Former Kanto Plant, Tako Dormitory (address: 1032 Mito Aza Yano-uchi, Tako-machi, Katori-gun, Chiba Prefecture) |
| Cause | An indication of impairment was identified, and the recoverability of the relevant fixed asset was reviewed. Since the closure of the former Kanto Plant, the Company has continued efforts to sell the asset and conducted an appropriate asset valuation based on its current carrying amount. |
| Amount of Impact on Business Performance | ¥88 million (extraordinary loss (impairment loss on fixed assets)) |
| Accounting period in which recognized | Second quarter of the fiscal year ending October 2026, consolidated accounting period |
| Impact on Earnings Forecast | This has been reflected in the "Summary of Financial Results for the Fiscal Year Ending October 2026 [Japanese GAAP] (Consolidated)" and the "Notice Regarding Revisions to the Earnings Forecast" released today. |
| Suspended operations | Closure of the former Kanto Plant (the employee dormitory became an idle asset following the closure) |
| Outlook | The Company will continue to promote the optimization of management resources, including the prompt disposal of idle assets, and work to strengthen its financial position and enhance corporate value. |
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.An indication of impairment was identified, and the recoverability of the fixed asset was reviewed. Following the closure of the former Kanto Plant, the Company has continued efforts to sell the employee dormitory and conducted an asset valuation based on its current carrying amount.