Kadokawa Corporation
Notice Regarding the Scheduled Recording of Non-Operating Expenses (Donations) for Establishment of Educational Corporation
Scheduled to record approximately 200 million yen in donations as non-operating expenses in the fiscal year ending March 2027, and approximately 3.584 billion yen in the fiscal year ending March 2028. Anticipates revenue and synergy effects from operational support of the newly established educational corporation.
Key Figures
- Donations (Non-Operating Expenses): Approx. 200 million yen (Scheduled for FY ending March 2027)
- Donations (Non-Operating Expenses): Approx. 3.584 billion yen (Scheduled for FY ending March 2028)
- Start of Operational Support for New Educational Corporation: April 2028
AI要約
Purpose and Background of the Donation
KADOKAWA Corporation, together with its consolidated subsidiaries Vantan Inc. and Dwango Co., Ltd., has resolved to make donations on the premise of approval for the establishment authorization of the new school by the educational corporation Bunri Sato Gakuen. In addition to operating existing specialized schools, Vantan will establish a support framework for the operation of the newly established educational corporation, aiming to expand educational opportunities and realize its educational philosophy. This is intended to meet the needs of a wide range of students and enhance the value of the EdTech business.
Expected Recording of Donations and Future Outlook
Donations are expected to be recorded as non-operating expenses of approximately 200 million yen in the fiscal year ending March 2027 and approximately 3.584 billion yen in the fiscal year ending March 2028. The timing and amounts are based on information available at this time and may be subject to change. Upon approval of the new educational corporation, revenue from operational support and synergy effects with existing businesses are expected to occur from April 2028 onwards.
