Cancellation of donations to Bunri Sato Gakuen and the newly established educational corporation
KADOKAWA Corporation, consolidated subsidiaries Vantan Inc. and DWANGO Co., Ltd.
The new school to be established by Bunri Sato Gakuen and the educational corporation to be newly established
The Company determined that it would be difficult to proceed with the procedures from authorization of establishment through the start of operations as initially planned, due to the high risk of significant delays in the schedules for various applications and other matters.
Non-operating expenses (donations) of approximately ¥200 million for the fiscal year ending March 2027 and approximately ¥3.584 billion for the fiscal year ending March 2028 will not be recognized.
Will not be recognized (initially planned for the fiscal years ending March 2027 and March 2028)
Any necessary revisions to the full-year earnings forecast for the fiscal year ending March 2027 will be announced promptly. Any necessary revisions to the management targets (ROE and EPS) for the fiscal year ending March 2028 will be announced separately. The impact on earnings from the fiscal year ending March 2029 onward is expected to be minor.
As a result of the cancellation, the planned non-operating expenses (donations) will not be recognized. Any necessary revisions to the full-year earnings forecast for the fiscal year ending March 2027 and the management targets for the fiscal year ending March 2028 will be announced or communicated separately. The impact on earnings from the fiscal year ending March 2029 onward is expected to be minor.
Any necessary revisions to the full-year earnings forecast for the fiscal year ending March 2027 will be announced promptly, and any necessary revisions to the management targets for the fiscal year ending March 2028 will be announced separately.
| Item | Details |
|---|---|
| Event name | Cancellation of donations to Bunri Sato Gakuen and the newly established educational corporation |
| Date of occurrence | 25 September 2026 (date of resolution to cancel) |
| Subject Entity | KADOKAWA Corporation, consolidated subsidiaries Vantan Inc. and DWANGO Co., Ltd. |
| Target Locations / Products | The new school to be established by Bunri Sato Gakuen and the educational corporation to be newly established |
| Cause | The Company determined that it would be difficult to proceed with the procedures from authorization of establishment through the start of operations as initially planned, due to the high risk of significant delays in the schedules for various applications and other matters. |
| Amount of Impact on Business Performance | Non-operating expenses (donations) of approximately ¥200 million for the fiscal year ending March 2027 and approximately ¥3.584 billion for the fiscal year ending March 2028 will not be recognized. |
| Accounting period in which recognized | Will not be recognized (initially planned for the fiscal years ending March 2027 and March 2028) |
| Impact on Earnings Forecast | Any necessary revisions to the full-year earnings forecast for the fiscal year ending March 2027 will be announced promptly. Any necessary revisions to the management targets (ROE and EPS) for the fiscal year ending March 2028 will be announced separately. The impact on earnings from the fiscal year ending March 2029 onward is expected to be minor. |
| Outlook | As a result of the cancellation, the planned non-operating expenses (donations) will not be recognized. Any necessary revisions to the full-year earnings forecast for the fiscal year ending March 2027 and the management targets for the fiscal year ending March 2028 will be announced or communicated separately. The impact on earnings from the fiscal year ending March 2029 onward is expected to be minor. |
| Planned follow-up disclosure | Any necessary revisions to the full-year earnings forecast for the fiscal year ending March 2027 will be announced promptly, and any necessary revisions to the management targets for the fiscal year ending March 2028 will be announced separately. |
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.The Company determined that it would be difficult to proceed with the procedures from authorization of establishment through the start of operations as initially planned, due to the high risk of significant delays in the schedules for various applications and other matters.