Toshiba Tec Corporation
Notice Regarding the Recording of Extraordinary Loss (Provision for Doubtful Accounts)
In Q3 of the fiscal year ending March 2026, a provision for doubtful accounts of 12.135 billion yen was recorded in individual financial statements, representing an additional 5.34 billion yen charge.
Key Figures
- Provision for Doubtful Accounts (Individual Financial Statements): 12.135 billion yen (Q3 cumulative)
- Additional Charge Amount: 5.34 billion yen (Increase from Q2 cumulative)
- Impact on Consolidated Financial Statements: None (Provision eliminated)
AI要約
Overview of Extraordinary Loss Recording
Toshiba Tec Corporation recorded an additional provision for doubtful accounts in its individual financial statements for Q3 of the fiscal year ending March 2026 related to receivables from consolidated subsidiaries engaged in overseas retail operations and others. An additional 5.34 billion yen was booked on top of the Q2 cumulative amount of 6.831 billion yen, resulting in a total extraordinary loss of 12.135 billion yen. These provisions for doubtful accounts are eliminated in the consolidated financial statements, so there is no impact on consolidated profit and loss.
Impact on Investors and Future Outlook
This additional recording signifies an increase in extraordinary loss in the individual financial statements but does not affect the consolidated financial results, thus having no direct adverse effect on the overall group’s performance. Investors should consider the fact of the increased extraordinary loss in individual financials while closely monitoring consolidated earnings trends.
