Showa Paxxs Corporation
Notice Regarding Recording of Extraordinary Loss
Due to demolition of leased warehouses and part of the factory buildings within the site, an impairment loss of approx. 50 million yen is expected to be recorded in the consolidated accounting period for Q2 of the fiscal year ending March 2027, and approximately 240 million yen of loss on disposal of fixed assets is expected to be recorded from Q3 onward. The losses are within the business plan and are not expected to affect earnings guidance, but timing may shift to the next fiscal year depending on progress.
Key Figures
- Extraordinary loss (impairment): approx. 50 million yen
- Extraordinary loss (loss on disposal of fixed assets): approx. 240 million yen
- Applicable periods: Consolidated accounting periods from Q2 to Q3 of the fiscal year ending March 2027 onward
AI要約
Recording of Extraordinary Loss
Due to demolition of leased warehouses and part of the factory buildings within the Tokyo plant site, an impairment loss of approximately 50 million yen is expected to be recorded in the consolidated accounting period for Q2 of the fiscal year ending March 2027. Additionally, approximately 240 million yen of loss on disposal of fixed assets is planned to be recorded from Q3 of the same fiscal year onward; however, depending on the progress of demolition work, the timing of recording some losses may be deferred to the following fiscal year.
Impact on Business Performance
These losses are within the scope of the business plan and are not expected to affect the earnings guidance for the fiscal year ending March 2027. However, if the timing shifts due to demolition progress and an impact on earnings guidance occurs, it will be disclosed separately.
Showa Paxxs Corporation
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