Execution of an Agreement for the Transfer of Receivables Relating to Long-Term Accounts Receivable
LUCKLAND CO.,LTD. (reporting company)
Long-term accounts receivable from a specific customer
After comprehensively considering the financial condition and future earnings environment of the customer and the debt guarantee company relating to the long-term accounts receivable, as well as expectations of higher interest rates in the recent economic environment, the Company determined that transferring the receivables was the optimal course of action.
A special loss of ¥599 million has already been recorded as an allowance for doubtful accounts expense. The impact of this transfer of receivables on business results is immaterial.
Fourth-quarter consolidated accounting period of the fiscal year ended December 2025 (1 October 2025 to 31 December 2025)
The impact of this transfer of receivables on business results is immaterial.
A special loss of ¥599 million has already been recorded as an allowance for doubtful accounts expense for the long-term accounts receivable in the fourth-quarter consolidated accounting period of the fiscal year ended December 2025. The impact of this transfer of receivables on business results is immaterial.
| Item | Details |
|---|---|
| Event name | Execution of an Agreement for the Transfer of Receivables Relating to Long-Term Accounts Receivable |
| Date of occurrence | 30 June 2026 (date of transfer of receivables) |
| Subject Entity | LUCKLAND CO.,LTD. (reporting company) |
| Target Locations / Products | Long-term accounts receivable from a specific customer |
| Cause | After comprehensively considering the financial condition and future earnings environment of the customer and the debt guarantee company relating to the long-term accounts receivable, as well as expectations of higher interest rates in the recent economic environment, the Company determined that transferring the receivables was the optimal course of action. |
| Amount of Impact on Business Performance | A special loss of ¥599 million has already been recorded as an allowance for doubtful accounts expense. The impact of this transfer of receivables on business results is immaterial. |
| Accounting period in which recognized | Fourth-quarter consolidated accounting period of the fiscal year ended December 2025 (1 October 2025 to 31 December 2025) |
| Impact on Earnings Forecast | The impact of this transfer of receivables on business results is immaterial. |
| Outlook | A special loss of ¥599 million has already been recorded as an allowance for doubtful accounts expense for the long-term accounts receivable in the fourth-quarter consolidated accounting period of the fiscal year ended December 2025. The impact of this transfer of receivables on business results is immaterial. |
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.After comprehensively considering the financial condition and future earnings environment of the customer and the debt guarantee company, as well as expectations of higher interest rates in the recent economic environment, the Company determined that transferring the receivables to a third party was the optimal course of action.