Mitsui DM Sugar Co.,Ltd.
Notice Regarding Expected Recording of Impairment Loss (Consolidated) and Valuation Loss on Investments in Affiliates (Individual) and Revision of Full-Year Consolidated Earnings Forecast for the Fiscal Year Ending March 2026
An impairment loss of 6 billion yen and a valuation loss on investments in affiliates of 8.2 billion yen are expected to be recorded. Consequently, the net income attributable to owners of parent for the fiscal year ending March 2026 is downwardly revised by 49.4% from 7.7 billion yen to 3.9 billion yen.
Key Figures
- Impairment Loss (Consolidated): 6,000 million yen (expected to be recorded as a special loss)
- Valuation Loss on Investments in Affiliates (Individual): 8,200 million yen (expected to be recorded as a special loss)
- Net Income Attributable to Owners of Parent (Forecast for Fiscal Year Ending March 2026): 3,900 million yen (down 49.4% from previous forecast of 7,700 million yen)
AI要約
Expected Recording of Impairment Loss and Valuation Loss on Investments in Affiliates
DM Mitsuito Sugar Co., Ltd. re-evaluated the recoverability of tangible fixed assets, goodwill, and intangible fixed assets of its consolidated subsidiary SIS’88 Pte Ltd and its subsidiaries, considering changes in the business environment, resulting in an expected special loss of 6 billion yen as an impairment loss. Additionally, due to a significant decline in the fair value of SIS’88 Pte Ltd’s shares, an expected special loss of 8.2 billion yen is recorded as a valuation loss on investments in affiliates in the individual financial statements. Note that this valuation loss on investments in affiliates is eliminated in the consolidated accounting and thereby has no impact on consolidated results.
Revision of Full-Year Consolidated Earnings Forecast for the Fiscal Year Ending March 2026
Based on these recorded special losses, the net income attributable to owners of parent in the full-year consolidated earnings forecast for the fiscal year ending March 2026, which was announced on May 15, 2025, has been downwardly revised from 7.7 billion yen to 3.9 billion yen, a 49.4% decrease. There are no changes to the forecast for net sales, operating income, or ordinary income. The annual dividend forecast also remains unchanged. It is also stated that future performance may differ from forecasts due to various factors.
