Komori
Occurring Fact8944LAND BUSINESS CO.,LTD.Real Estate

Notice Regarding Recognition of Loss on Investments Accounted for Under the Equity Method

The Company determined that its investment in 株式会社アップルアンドローゼス was not recoverable and recognized ¥161 million as an impairment loss, recorded as an equity-method investment loss under non-operating expenses. The body of the notice also states that the goodwill-equivalent amount subject to the impairment was ¥161.6 million, but the amount presented as recognized is ¥161 million.

Worth reading
33Immaterial
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Direction
Deterioration
Direction inferred from the company’s description.
Scale
161000
¥ thousand
Wording
Definitive
How definitive the wording is.

Recognition of an equity-method investment loss

Subject Entity

LAND BUSINESS CO.,LTD. (the filing company); investee: 株式会社アップルアンドローゼス

Target Locations / Products

Goodwill-equivalent amount arising from the investment in 株式会社アップルアンドローゼス

This disclosure05/14/2026
Cause

Because, after considering the latest financial condition and the outlook for future earnings, the Company determined that the investment was not recoverable

Amount of Impact on Business Performance

¥161 million (impairment loss; equity-method investment loss under non-operating expenses)

Accounting period in which recognized

Second quarter (interim period) of the fiscal year ending September 2026

Event that occurred
ItemDetails
Event nameRecognition of an equity-method investment loss
Subject EntityLAND BUSINESS CO.,LTD. (the filing company); investee: 株式会社アップルアンドローゼス
Target Locations / ProductsGoodwill-equivalent amount arising from the investment in 株式会社アップルアンドローゼス
CauseBecause, after considering the latest financial condition and the outlook for future earnings, the Company determined that the investment was not recoverable
Amount of Impact on Business Performance¥161 million (impairment loss; equity-method investment loss under non-operating expenses)
Accounting period in which recognizedSecond quarter (interim period) of the fiscal year ending September 2026
Items this document does not state (19)
Date of occurrenceDate recognized / date notice receivedImpact on Earnings ForecastType of litigation or proceedingCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the changeOutlookPlanned follow-up disclosure

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.

Because, after considering the latest financial condition and the outlook for future earnings, the Company determined that the investment was not recoverable.

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Notice Regarding Recognition of Loss on Investments Accounted for Under the Equity Method | LAND BUSINESS CO.,LTD. (8944) timely disclosure | Komori