Mitsuba Corporation

2026/02/16 Updated
Market Cap: $430.3M (¥65.8B)
Stock Price: $9.36 (¥1,431)
Exchange Rate: 1 USD = ¥152.91

Notice on Recording Special Loss Due to Impairment of Fixed Assets

Recorded a special loss of 5,267 million yen in Q3 of FY2026 due to impairment of fixed assets in consolidated subsidiaries.

Importance:
Page Updated: February 10, 2026
IR Disclosure Date: February 10, 2026

Key Figures

  • Special Loss Amount: 5,267 million yen (due to fixed asset impairment)
  • Number of Affected Subsidiaries: 2 companies (consolidated subsidiaries in the China area)
  • Applicable Period: Q3 cumulative consolidated period from April 1, 2025 to December 31, 2025

AI要約

Regarding Recording of Special Loss

At two consolidated subsidiaries in the China area belonging to Mitsuba Corporation, it was confirmed based on accounting standards related to impairment of fixed assets that the recoverable amount is lower than the book value. As a result, an impairment loss of 5,267 million yen was recorded as a special loss for the fixed assets used in business.

Impact on Earnings

This special loss has been reflected in the Q3 Financial Summary for FY2026 [Japanese GAAP] (consolidated). Please refer to the financial summary for specific impacts on financial results.

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