Recognition of an extraordinary loss associated with the grant of directors' retirement benefits
SENKON LOGISTICS CO.,LTD (filing company)
To reward Kubota Haruo (久保田晴夫) for his contributions to the management of the Group over 31 years as Representative Director, including contributions to the Group's development and the enhancement of corporate value.
The Company plans to recognize ¥257 million as an extraordinary loss. The ¥165 million directors' retirement benefits provision recognized in prior fiscal years will be applied, and the difference of ¥157 million is scheduled to be recognized as selling, general and administrative expenses. The surrender value of a life insurance policy, approximately ¥28 million, is scheduled to be recognized as non-operating income. The impact of this matter is expected to be approximately ¥386 million.
The first-quarter standalone and consolidated accounting periods of the fiscal year ending March 2027
This matter is not reflected in the consolidated earnings forecasts for the second quarter and full year of the fiscal year ending March 2027. The Company is currently examining the impact, including other factors. If any matter requiring disclosure arises, the Company will promptly disclose it.
The Company plans to recognize an extraordinary loss and other items in the first-quarter accounting period of the fiscal year ending March 2027. The Company is currently examining its earnings forecasts, including the impact of other factors, and will promptly disclose any matter requiring disclosure.
The Company will promptly disclose any matters requiring disclosure that arise in the future.
| Item | Details |
|---|---|
| Event name | Recognition of an extraordinary loss associated with the grant of directors' retirement benefits |
| Date of occurrence | 26 June 2026 (the specific amount was determined at a Board of Directors meeting held after approval was obtained at the Annual General Meeting of Shareholders) |
| Subject Entity | SENKON LOGISTICS CO.,LTD (filing company) |
| Cause | To reward Kubota Haruo (久保田晴夫) for his contributions to the management of the Group over 31 years as Representative Director, including contributions to the Group's development and the enhancement of corporate value. |
| Amount of Impact on Business Performance | The Company plans to recognize ¥257 million as an extraordinary loss. The ¥165 million directors' retirement benefits provision recognized in prior fiscal years will be applied, and the difference of ¥157 million is scheduled to be recognized as selling, general and administrative expenses. The surrender value of a life insurance policy, approximately ¥28 million, is scheduled to be recognized as non-operating income. The impact of this matter is expected to be approximately ¥386 million. |
| Accounting period in which recognized | The first-quarter standalone and consolidated accounting periods of the fiscal year ending March 2027 |
| Impact on Earnings Forecast | This matter is not reflected in the consolidated earnings forecasts for the second quarter and full year of the fiscal year ending March 2027. The Company is currently examining the impact, including other factors. If any matter requiring disclosure arises, the Company will promptly disclose it. |
| Outlook | The Company plans to recognize an extraordinary loss and other items in the first-quarter accounting period of the fiscal year ending March 2027. The Company is currently examining its earnings forecasts, including the impact of other factors, and will promptly disclose any matter requiring disclosure. |
| Planned follow-up disclosure | The Company will promptly disclose any matters requiring disclosure that arise in the future. |
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 reward Kubota Haruo (久保田晴夫) for his contributions to the management of the Group over 31 years as Representative Director, including contributions to the Group's development and the enhancement of corporate value.