Recording of non-operating expenses and extraordinary losses
The filing company (SRS HOLDINGS CO.,LTD.) and its consolidated subsidiary 株式会社NIS
株式会社NIS; goodwill and intangible assets related to NIS; business-use assets and other assets held by the Group; shares of NIS; and loans to NIS
NIS's financial condition and future earnings outlook. For business-use assets and other assets, a decline in profitability.
The non-consolidated financial statements recognize an allowance for doubtful accounts of ¥321 million as a non-operating expense. The consolidated financial statements recognize impairment losses of ¥87 million on NIS's goodwill and ¥52 million on intangible assets and other assets. An impairment loss of ¥460 million on business-use assets and other assets was recognized as an extraordinary loss for the fourth quarter of the current consolidated fiscal year, bringing the cumulative amount to ¥472 million. The ¥111 million impairment loss on shares of an affiliated company recognized in the non-consolidated financial statements is eliminated in the consolidated financial statements.
Fiscal year ending March 2026. The ¥460 million impairment loss relates to the fourth quarter of the current consolidated fiscal year, and the cumulative amount is ¥472 million.
Allowance for doubtful accounts of ¥321 million related to loans to NIS (loan principal amount not disclosed)
Reflected in the Consolidated Financial Results for the Fiscal Year Ending March 2026 under Japanese GAAP, released today. Other future actions and their timing have not been disclosed.
| Item | Details |
|---|---|
| Event name | Recording of non-operating expenses and extraordinary losses |
| Date of occurrence | In the financial statements for the fiscal year ending March 2026 (specific date not disclosed) |
| Subject Entity | The filing company (SRS HOLDINGS CO.,LTD.) and its consolidated subsidiary 株式会社NIS |
| Target Locations / Products | 株式会社NIS; goodwill and intangible assets related to NIS; business-use assets and other assets held by the Group; shares of NIS; and loans to NIS |
| Cause | NIS's financial condition and future earnings outlook. For business-use assets and other assets, a decline in profitability. |
| Amount of Impact on Business Performance | The non-consolidated financial statements recognize an allowance for doubtful accounts of ¥321 million as a non-operating expense. The consolidated financial statements recognize impairment losses of ¥87 million on NIS's goodwill and ¥52 million on intangible assets and other assets. An impairment loss of ¥460 million on business-use assets and other assets was recognized as an extraordinary loss for the fourth quarter of the current consolidated fiscal year, bringing the cumulative amount to ¥472 million. The ¥111 million impairment loss on shares of an affiliated company recognized in the non-consolidated financial statements is eliminated in the consolidated financial statements. |
| Accounting period in which recognized | Fiscal year ending March 2026. The ¥460 million impairment loss relates to the fourth quarter of the current consolidated fiscal year, and the cumulative amount is ¥472 million. |
| Amount of receivables at risk of non-collection or delayed collection | Allowance for doubtful accounts of ¥321 million related to loans to NIS (loan principal amount not disclosed) |
| Outlook | Reflected in the Consolidated Financial Results for the Fiscal Year Ending March 2026 under Japanese GAAP, released today. Other future actions and their timing have not been disclosed. |
Items this document does not state (16)
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 NIS, after taking into account its financial condition and future earnings outlook. For business-use assets and other assets, because a decline in profitability was observed.