Resolutions for the General Meeting of Shareholders
42nd Annual General Meeting of Shareholders| Item | Details |
|---|---|
| Type of shareholders' meeting | 42nd Annual General Meeting of Shareholders |
Items this document does not state (5)
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.These matters are disclosed as electronically provided matters not included in the documents delivered pursuant to a request for delivery in paper form, in accordance with applicable laws and the Articles of Incorporation. The impairment loss on contract costs was recognized because, in response to changes in the market environment and other factors, the company reviewed its sales strategy to focus on LTV and shifted to a policy of reducing sales commissions related to customers who cancel contracts shortly after signing, resulting in the recoverable amount falling below the carrying amount.