Recognition of Non-operating Income and Non-operating Expenses
AGORA Hospitality Group Co., Ltd. (foreign exchange gains); an equity-method affiliate in Australia (equity-method investment loss)
Certain foreign-currency-denominated assets held by the Company, including assets denominated in Australian dollars; land for subdivision housing in Australia
The foreign exchange gains arose because the yen depreciated against foreign currencies relative to the end of the previous fiscal year. The specific cause of the equity-method investment loss has not been disclosed.
Foreign exchange gains of ¥35 million (non-operating income); equity-method investment loss of ¥7 million (non-operating expense)
Cumulative first-quarter period of the fiscal year ending December 2026 (1 January 2026 to 31 March 2026)
| Item | Details |
|---|---|
| Event name | Recognition of Non-operating Income and Non-operating Expenses |
| Subject Entity | AGORA Hospitality Group Co., Ltd. (foreign exchange gains); an equity-method affiliate in Australia (equity-method investment loss) |
| Target Locations / Products | Certain foreign-currency-denominated assets held by the Company, including assets denominated in Australian dollars; land for subdivision housing in Australia |
| Cause | The foreign exchange gains arose because the yen depreciated against foreign currencies relative to the end of the previous fiscal year. The specific cause of the equity-method investment loss has not been disclosed. |
| Amount of Impact on Business Performance | Foreign exchange gains of ¥35 million (non-operating income); equity-method investment loss of ¥7 million (non-operating expense) |
| Accounting period in which recognized | Cumulative first-quarter period of the fiscal year ending December 2026 (1 January 2026 to 31 March 2026) |
Items this document does not state (19)
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 foreign exchange gains arose because the yen depreciated against the Australian dollar and other foreign currencies relative to the end of the previous fiscal year, resulting in gains on the Company's foreign-currency-denominated assets. The equity-method investment loss was recorded by an equity-method affiliate that sells land for subdivision housing in Australia. The specific cause of the loss has not been disclosed.