Recognition of Non-operating Expense (Foreign Exchange Loss)
Skymark Airlines Inc. (the Company)
Foreign-currency-denominated assets held by the Company
The foreign-currency-denominated assets held by the Company were revalued at the exchange rate prevailing at the end of the second quarter due to fluctuations in foreign exchange rates.
¥506 million (non-operating expense, foreign exchange loss). The cumulative foreign exchange loss for the second quarter (interim period) of the fiscal year ending March 2027 was ¥323 million.
The accounting period for the second quarter (interim period) of the fiscal year ending March 2027 (1 July 2026 to 30 September 2026)
Reflected in the “Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Non-Consolidated)” released today.
This amount will fluctuate depending on future foreign exchange rates.
| Item | Details |
|---|---|
| Event name | Recognition of Non-operating Expense (Foreign Exchange Loss) |
| Date of occurrence | 30 September 2026 (revaluation at the end of the second quarter; the accounting period covered was 1 July 2026 to 30 September 2026) |
| Subject Entity | Skymark Airlines Inc. (the Company) |
| Target Locations / Products | Foreign-currency-denominated assets held by the Company |
| Cause | The foreign-currency-denominated assets held by the Company were revalued at the exchange rate prevailing at the end of the second quarter due to fluctuations in foreign exchange rates. |
| Amount of Impact on Business Performance | ¥506 million (non-operating expense, foreign exchange loss). The cumulative foreign exchange loss for the second quarter (interim period) of the fiscal year ending March 2027 was ¥323 million. |
| Accounting period in which recognized | The accounting period for the second quarter (interim period) of the fiscal year ending March 2027 (1 July 2026 to 30 September 2026) |
| Impact on Earnings Forecast | Reflected in the “Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Non-Consolidated)” released today. |
| Outlook | This amount will fluctuate depending on future foreign exchange rates. |
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.Because the foreign-currency-denominated assets held by the Company were revalued at the exchange rate prevailing at the end of the second quarter due to fluctuations in foreign exchange rates.