Recognition of an extraordinary loss
People, Dreams & Technologies Group Co.,Ltd., 株式会社長大, 株式会社二色の浜PX
Investment securities; fixed assets, including land held by 株式会社長大; telephone subscription rights; and fixed assets held by 株式会社二色の浜PX
A significant decline in the fair value of investment securities, a significant decline in the market value of land, termination of telephone subscription rights, and operating profit and loss at 株式会社二色の浜PX remaining below plan
Total: ¥501 million (extraordinary losses). Breakdown: ¥14 million in impairment losses on investment securities, ¥130 million in impairment losses and ¥25 million in losses on disposal and sale of fixed assets at 株式会社長大, and ¥330 million in impairment losses at 株式会社二色の浜PX
Fiscal year ending September 2026
Reflected in the "Summary of Financial Results for the Fiscal Year Ending September 2026 [Japanese GAAP] (Consolidated)" released today
| Item | Details |
|---|---|
| Event name | Recognition of an extraordinary loss |
| Subject Entity | People, Dreams & Technologies Group Co.,Ltd., 株式会社長大, 株式会社二色の浜PX |
| Target Locations / Products | Investment securities; fixed assets, including land held by 株式会社長大; telephone subscription rights; and fixed assets held by 株式会社二色の浜PX |
| Cause | A significant decline in the fair value of investment securities, a significant decline in the market value of land, termination of telephone subscription rights, and operating profit and loss at 株式会社二色の浜PX remaining below plan |
| Amount of Impact on Business Performance | Total: ¥501 million (extraordinary losses). Breakdown: ¥14 million in impairment losses on investment securities, ¥130 million in impairment losses and ¥25 million in losses on disposal and sale of fixed assets at 株式会社長大, and ¥330 million in impairment losses at 株式会社二色の浜PX |
| Accounting period in which recognized | Fiscal year ending September 2026 |
| Impact on Earnings Forecast | Reflected in the "Summary of Financial Results for the Fiscal Year Ending September 2026 [Japanese GAAP] (Consolidated)" released today |
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.The fair value of investment securities had declined significantly from their acquisition cost; the market value of land held by 株式会社長大 had declined significantly; the Company had terminated its telephone subscription rights; and operating profit and loss at 株式会社二色の浜PX had remained below plan, prompting a review of the recoverability of its fixed assets.