Recognition of Extraordinary Losses and Reversal of Deferred Tax Assets
VIA Holdings,Inc., 株式会社扇屋東日本, 株式会社一丁, 株式会社一源, 株式会社紅とん, 株式会社フードリーム and other consolidated subsidiaries
6 unprofitable stores (store names and locations: Not disclosed)
Review of the collectability of loans; a significant decline in the substantial value of shares of 株式会社フードリーム; unprofitable stores and the expected difficulty of recovering capital investment through future cash flows; and a review of the recoverability of deferred tax assets based on the outlook for future performance and other factors
Extraordinary losses of ¥874 million in the Company's standalone financial statements, including a ¥358 million provision for doubtful accounts and a ¥509 million impairment loss on shares of subsidiaries (eliminated in the consolidated financial statements); extraordinary losses of ¥260 million at a consolidated subsidiary, including ¥99 million in impairment losses and ¥8 million in provision for store closure losses; and ¥145 million in income taxes—adjustments
Fourth-quarter consolidated accounting period and fiscal year ending March 2026
Reflected in the "Fiscal Year Ending March 2026 Full-Year Financial Results [Japanese GAAP] (Consolidated)" released today. Revision of the earnings forecast: Not disclosed
Company response
The Company decided to close 6 unprofitable stores (timing of the closures: Not disclosed)
The Company decided to close 6 unprofitable stores. Other measures and their timing: Not disclosed
| Item | Details |
|---|---|
| Event name | Recognition of Extraordinary Losses and Reversal of Deferred Tax Assets |
| Date of occurrence | Consolidated accounting period for the fourth quarter of the fiscal year ending March 2026 (specific date of occurrence: Not disclosed) |
| Subject Entity | VIA Holdings,Inc., 株式会社扇屋東日本, 株式会社一丁, 株式会社一源, 株式会社紅とん, 株式会社フードリーム and other consolidated subsidiaries |
| Target Locations / Products | 6 unprofitable stores (store names and locations: Not disclosed) |
| Cause | Review of the collectability of loans; a significant decline in the substantial value of shares of 株式会社フードリーム; unprofitable stores and the expected difficulty of recovering capital investment through future cash flows; and a review of the recoverability of deferred tax assets based on the outlook for future performance and other factors |
| Amount of Impact on Business Performance | Extraordinary losses of ¥874 million in the Company's standalone financial statements, including a ¥358 million provision for doubtful accounts and a ¥509 million impairment loss on shares of subsidiaries (eliminated in the consolidated financial statements); extraordinary losses of ¥260 million at a consolidated subsidiary, including ¥99 million in impairment losses and ¥8 million in provision for store closure losses; and ¥145 million in income taxes—adjustments |
| Accounting period in which recognized | Fourth-quarter consolidated accounting period and fiscal year ending March 2026 |
| Impact on Earnings Forecast | Reflected in the "Fiscal Year Ending March 2026 Full-Year Financial Results [Japanese GAAP] (Consolidated)" released today. Revision of the earnings forecast: Not disclosed |
| Suspended operations | The Company decided to close 6 unprofitable stores (timing of the closures: Not disclosed) |
| Outlook | The Company decided to close 6 unprofitable stores. Other measures and their timing: Not disclosed |
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.Following a review of the collectability of loans, the Company recognized allowances for doubtful accounts for loans to 株式会社扇屋東日本, 株式会社一丁, 株式会社一源 and 株式会社紅とん. It also recognized an impairment loss on shares of 株式会社フードリーム because the substantial value of those shares had declined significantly. The consolidated subsidiary decided to close 6 unprofitable stores and recognized impairment losses for stores where recovery of capital investment through future cash flows was expected to be difficult. Following a review of the recoverability of deferred tax assets based on the outlook for future performance and other factors, a portion of the deferred tax assets was reversed.