Recognition of non-operating expenses
TOSHIN HOLDINGS CO.,LTD (the Company)
The decision on 15 September 2026 resulted in late-payment damages, primarily on borrowings from financial institutions, becoming clear as a result of claims filings and asset valuation.
¥224 million (non-operating expense)
The consolidated fiscal year ended 8 May 2026
Reflected in the "Consolidated Financial Results for the Fiscal Year Ended 8 May 2026 under Japanese GAAP" released today. Impact on the earnings forecast: Not disclosed
Related procedures
Decision to submit a proposed rehabilitation plan to a vote in corporate reorganization proceedings
Tokyo District Court
| Item | Details |
|---|---|
| Event name | Recognition of non-operating expenses |
| Date of occurrence | 15 September 2026 (the date of the Tokyo District Court's decision to submit the proposed rehabilitation plan to a vote) |
| Subject Entity | TOSHIN HOLDINGS CO.,LTD (the Company) |
| Cause | The decision on 15 September 2026 resulted in late-payment damages, primarily on borrowings from financial institutions, becoming clear as a result of claims filings and asset valuation. |
| Amount of Impact on Business Performance | ¥224 million (non-operating expense) |
| Accounting period in which recognized | The consolidated fiscal year ended 8 May 2026 |
| Impact on Earnings Forecast | Reflected in the "Consolidated Financial Results for the Fiscal Year Ended 8 May 2026 under Japanese GAAP" released today. Impact on the earnings forecast: Not disclosed |
| Type of litigation or proceeding | Decision to submit a proposed rehabilitation plan to a vote in corporate reorganization proceedings |
| Court or authority | Tokyo District Court |
| Date of filing / date of action | 15 September 2026 (the date of the decision to submit the proposed rehabilitation plan to a vote) |
Items this document does not state (15)
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.Following the Tokyo District Court's decision on 15 September 2026 to submit the proposed rehabilitation plan to a vote, late-payment damages, primarily on borrowings from financial institutions, became clear as a result of claims filings and asset valuation.