Transfer of Fixed Assets and Recognition of an Extraordinary Loss at a Consolidated Subsidiary
KICホールディングス株式会社 (the Company's consolidated subsidiary)
Land (Noda, Chiba Prefecture)
To allocate the proceeds recovered from the transfer of the fixed assets to more profitable investment opportunities
¥51 million (extraordinary loss; impairment loss on fixed assets)
The Company's second-quarter consolidated financial results
The earnings forecast based on the previous consolidation standard announced on 15 May 2026 will remain unchanged.
The Company expects to recognize a ¥51 million extraordinary loss (impairment loss on fixed assets) in its second-quarter consolidated financial results. However, it will leave unchanged its earnings forecast based on the previous consolidation standard and maintain its policy of aiming to achieve that forecast for the full year.
| Item | Details |
|---|---|
| Event name | Transfer of Fixed Assets and Recognition of an Extraordinary Loss at a Consolidated Subsidiary |
| Date of occurrence | 24 August 2026 (the date of the resolution by the Board of Directors of KICホールディングス株式会社) |
| Subject Entity | KICホールディングス株式会社 (the Company's consolidated subsidiary) |
| Target Locations / Products | Land (Noda, Chiba Prefecture) |
| Cause | To allocate the proceeds recovered from the transfer of the fixed assets to more profitable investment opportunities |
| Amount of Impact on Business Performance | ¥51 million (extraordinary loss; impairment loss on fixed assets) |
| Accounting period in which recognized | The Company's second-quarter consolidated financial results |
| Impact on Earnings Forecast | The earnings forecast based on the previous consolidation standard announced on 15 May 2026 will remain unchanged. |
| Outlook | The Company expects to recognize a ¥51 million extraordinary loss (impairment loss on fixed assets) in its second-quarter consolidated financial results. However, it will leave unchanged its earnings forecast based on the previous consolidation standard and maintain its policy of aiming to achieve that forecast for the full year. |
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.To allocate the proceeds recovered from the transfer of the fixed assets to more profitable investment opportunities and thereby improve the future performance of the Group.