Mie Kotsu Group Holdings, Inc.
Notice Regarding Recording of Extraordinary Loss in Individual Financial Summary
Recorded an extraordinary loss of 880 million yen pertaining to provision for business losses of affiliated companies in the 2026 March period individual financial summary. No impact on consolidated profit and loss.
Key Figures
- Provision for Business Losses of Affiliated Companies: 880 million yen (Extraordinary Loss Recorded)
- Impact on Consolidated Profit and Loss: None (Provision eliminated in consolidated financial statements)
- Subsidiary Involved: Sankyo Creative Life Co., Ltd. (losses arising from dissolution)
AI要約
Regarding Recording of Extraordinary Loss
Mie Kotsu Group Holdings Co., Ltd. recorded a loss related to the dissolution of its consolidated subsidiary, Sankyo Creative Life Co., Ltd., in the individual financial summary for the fiscal year ending March 2026, and recognized 880 million yen as the provision for business losses of affiliated companies as an extraordinary loss. This provision is recorded only in the individual financial statements and is eliminated in the consolidated financial statements; therefore, it does not affect consolidated profit and loss.
Impact on Investors and Future Outlook
The recording of this extraordinary loss is an accounting treatment in the individual financial summary and does not affect the consolidated results, thus there is no revision to the consolidated earnings guidance. Future performance is based on information available as of the announcement date and may fluctuate due to various factors.
Mie Kotsu Group Holdings Co., Ltd.
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