Recognition of an impairment loss and variance between earnings forecasts and actual results
The group
Certain tangible fixed assets of the Group
Following a careful review of future recoverability in accordance with the Accounting Standard for Impairment of Fixed Assets
Impairment loss: ¥685 million (extraordinary loss); net loss attributable to owners of the parent: ¥3,798 million
Fiscal year ended February 2026 (1 March 2025 to 28 February 2026)
A variance arose between the full-year consolidated earnings forecast and actual results for the fiscal year ended February 2026. Actual results were operating revenue of ¥98,157 million, operating loss of ¥2,372 million, ordinary loss of ¥2,621 million and net loss attributable to owners of the parent of ¥3,798 million. The previous forecast for net income attributable to owners of the parent was undetermined.
| Item | Details |
|---|---|
| Event name | Recognition of an impairment loss and variance between earnings forecasts and actual results |
| Subject Entity | The group |
| Target Locations / Products | Certain tangible fixed assets of the Group |
| Cause | Following a careful review of future recoverability in accordance with the Accounting Standard for Impairment of Fixed Assets |
| Amount of Impact on Business Performance | Impairment loss: ¥685 million (extraordinary loss); net loss attributable to owners of the parent: ¥3,798 million |
| Accounting period in which recognized | Fiscal year ended February 2026 (1 March 2025 to 28 February 2026) |
| Impact on Earnings Forecast | A variance arose between the full-year consolidated earnings forecast and actual results for the fiscal year ended February 2026. Actual results were operating revenue of ¥98,157 million, operating loss of ¥2,372 million, ordinary loss of ¥2,621 million and net loss attributable to owners of the parent of ¥3,798 million. The previous forecast for net income attributable to owners of the parent was undetermined. |
Items this document does not state (18)
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 careful review of future recoverability in accordance with the Accounting Standard for Impairment of Fixed Assets. The reason the earnings forecast had been left undetermined was that the accounting estimation procedures required additional time.