Twinbird Corporation
Notice Regarding Recording of Extraordinary Loss
As a one-off expense related to responding to a TOB by Japanet Holdings, Twinbird recorded acquisition proposal response costs of 114 million yen as an extraordinary loss. Reflected in the Financial Summary for the second quarter of the fiscal year ending February 2027 (Japanese GAAP, non-consolidated).
Key Figures
- Amount of Extraordinary Loss Recorded: 114 million yen
- Period: Second quarter accounting period of the fiscal year ending February 2027
- Related TOB: Part of a series of transactions related to the public tender offer by Japanet
AI要約
Factors Behind Recording of Extraordinary Loss
Twinbird incurred costs for external law firms, financial advisors and other outsourced services in connection with responding to a TOB by Japanet. These expenses are different in nature from costs arising from normal business activities; therefore, 114 million yen has been recorded as an extraordinary loss.
Outlook and Disclosure
Details of the extraordinary loss are reflected in the Financial Summary for the second quarter of the fiscal year ending February 2027 (Japanese GAAP, non-consolidated), which was disclosed in stages. This disclosure explains the expected financial impact going forward and is expected to be published together with the Financial Summary.
Twinbird Corporation
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