Recognition of provision for doubtful accounts (standalone)
NANKAI PLYWOOD CO.,LTD., its consolidated subsidiary NP ROLPIN SAS, and NP ROLPIN SAS's wholly owned subsidiary ROLKEM SAS
Loans to NP ROLPIN SAS and ROLKEM SAS
For NP ROLPIN SAS, the recovery of the European economy has slowed, and production and sales have continued to fall substantially below plan. For ROLKEM SAS, it remains difficult to achieve its profit plan due to soaring raw material prices and other factors.
¥297 million for NP ROLPIN SAS and ¥37 million for ROLKEM SAS in the standalone financial statements. The amounts will be eliminated in the consolidated financial statements, with no impact on consolidated results.
Standalone financial statements for the cumulative second quarter of the fiscal year ending March 2027 (1 April 2026 to 30 September 2026)
An additional ¥297 million will be recognized for loans to NP ROLPIN SAS, and ¥37 million will be recognized for loans to ROLKEM SAS. The provision for doubtful accounts and the reversal of the allowance for doubtful accounts will be eliminated in the consolidated financial statements.
| Item | Details |
|---|---|
| Event name | Recognition of provision for doubtful accounts (standalone) |
| Date of occurrence | 30 September 2026 (as of the date of balance-sheet insolvency) |
| Subject Entity | NANKAI PLYWOOD CO.,LTD., its consolidated subsidiary NP ROLPIN SAS, and NP ROLPIN SAS's wholly owned subsidiary ROLKEM SAS |
| Target Locations / Products | Loans to NP ROLPIN SAS and ROLKEM SAS |
| Cause | For NP ROLPIN SAS, the recovery of the European economy has slowed, and production and sales have continued to fall substantially below plan. For ROLKEM SAS, it remains difficult to achieve its profit plan due to soaring raw material prices and other factors. |
| Amount of Impact on Business Performance | ¥297 million for NP ROLPIN SAS and ¥37 million for ROLKEM SAS in the standalone financial statements. The amounts will be eliminated in the consolidated financial statements, with no impact on consolidated results. |
| Accounting period in which recognized | Standalone financial statements for the cumulative second quarter of the fiscal year ending March 2027 (1 April 2026 to 30 September 2026) |
| Outlook | An additional ¥297 million will be recognized for loans to NP ROLPIN SAS, and ¥37 million will be recognized for loans to ROLKEM SAS. The provision for doubtful accounts and the reversal of the allowance for doubtful accounts will be eliminated in the consolidated financial statements. |
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.For NP ROLPIN SAS, this is because the recovery of the European economy has slowed, and production and sales have continued to fall substantially below plan. For ROLKEM SAS, this is because it remains difficult to achieve its profit plan due to soaring raw material prices and other factors.