Notice of Recording of Extraordinary Loss | May 12, 2026

Financial Overview

In the fourth quarter of Fiscal Year 2026, Waseda Academy, as part of advanced management aimed at adapting to future business environment changes, recorded an impairment loss of 594 million yen based on accounting standards related to impairment of fixed assets. This loss pertains to fixed assets such as school buildings and classrooms, as well as lease assets with decreased profitability. The loss is reflected in the financial summary and has impacted this period's results.

Future Outlook and Impact on Shareholders

The recording of this impairment loss constitutes a management decision in response to anticipated changes in the business environment. While it may have a negative short-term impact on financial performance, it is positioned as part of measures aimed at long-term management efficiency and sustainable growth. Investors should pay attention to future trends in business restructuring and asset review.