Mitsui DM Sugar Co.,Ltd.
Notice Regarding the Recording of Allowance for Doubtful Accounts for Affiliate (Non-Consolidated)
An allowance for doubtful accounts of JPY 4,116 million for loans to consolidated subsidiary SIS’88 Pte Ltd will be recorded as an extraordinary loss on a non-consolidated basis. There is no impact on consolidated financial results.
Key Figures
- Allowance for Doubtful Accounts for Affiliate: JPY 4,116 million (planned non-consolidated recording)
- Impact on Consolidated Financial Results: None (due to consolidation elimination)
- Target Company: Loans to consolidated subsidiary SIS’88 Pte Ltd
AI要約
Regarding the Recording of Allowance for Doubtful Accounts for Affiliate
DM Mitsui Sugar Co., Ltd. announced that in the non-consolidated financial statements for the fiscal year ending March 2026, an allowance for doubtful accounts of JPY 4,116 million related to loans to its consolidated subsidiary SIS’88 Pte Ltd will be recorded as an extraordinary loss.
Impact on Consolidated Financial Results
Since the above allowance for doubtful accounts will be eliminated in the consolidated financial statements, it is stated that there will be no impact on the consolidated financial results for the fiscal year ending March 2026.
DM Mitsui Sugar Co., Ltd.
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