create restaurants holdings inc.
Notice of Recording Extraordinary Profit Related to Absorption-Type Merger of a Consolidated Subsidiary (Gain on Cancellation of Paired Shares)
Recorded a gain on cancellation of paired shares of 982 million yen as an extraordinary profit recognized in the non-consolidated financial statements for the fiscal year ending February 2027. This amount is eliminated in the consolidated financial statements and therefore has no impact on consolidated results.
Key Figures
- Amount of extraordinary profit recorded: 982 million yen
- Impact: Eliminated in consolidated statements; no impact on consolidated results
- Effective timing: Recognized in the non-consolidated financial statements for the fiscal year ending February 2027
AI要約
Overview of Accounting and Extraordinary Profit
As a result of the absorption-type merger of our consolidated subsidiary SFP Holdings, Inc., we will record the difference between the proportionate share of the net assets from the absorbed company and the book value of the held shares as a gain on cancellation of paired shares, amounting to 982 million yen, as an extraordinary profit. This accounting treatment will be recognized in the non-consolidated financial statements for the fiscal year ending February 2027.
Future Impact and Disclosure
This extraordinary profit will be eliminated in consolidation and therefore will not affect the consolidated results for the fiscal year ending February 2027.
create restaurants holdings inc.
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