Futaba Corporation
Notice Regarding Recording of Special Losses
As part of the renewal of the company-wide core system, we examined the recoverability of licenses and service contracts and recorded a special loss of 1,491 million yen. The overall impact on results is described in the attached quarterly financial results for the FY2027 March period (Q1, Japanese standards, consolidated). For future performance trends, please refer to the separate document.
Key Figures
- Special loss: 1,491 million yen (losses related to licenses and service provision agreements)
- Date: FY2027 March period Q1 consolidated accounting period (2026-04-01 to 2026-06-30)
- Reference materials: FY2027 March period Q1 Financial Results Summary [Japanese GAAP] (Consolidated)
AI要約
Overview of Performance
The notice published today on the recognized special loss states that, considering the non-termination of long-term contracts related to the company-wide core system renewal, the losses related to those contracts were recorded in the first quarter of the consolidated accounting period. The specific amount is 1,491 million yen, based on the recoverability assessment. The overall impact is disclosed in the ‘FY2027 March Period Q1 Consolidated Financial Results [Japanese GAAP] (Consolidated)’, and readers are directed to refer to the accompanying document for the future performance outlook.
Outlook and Cautions
Because the recording of special losses directly affects our financial statements, investors should pay attention to the statements in the financial results and the earnings outlook. At this time, detailed impact amounts are not provided in this news release, and supplementary information will be provided in future publications. FX information is provided, but due to the nature of the losses, exchange rate fluctuations are not discussed in this release.
Futaba Electric Industrial Co., Ltd.
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