During the consolidated Q3 period of the fiscal year ending November 2026, 1,021 million yen was recorded as non-operating income for derivative valuation gains on foreign exchange forward contracts. Additional forward contracts were concluded for the period 2025\u20132039, and valuation gains\/losses are expected to be zero in the final year 2039. Dividend policy will be maintained at a consolidated payout ratio of 40% or more while excluding the impact of foreign exchange forwards.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"2734","jir_company_name":"SALA Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-06","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/2734-20261006-02.pdf","jir_short_summary":"During the consolidated Q3 period of the fiscal year ending November 2026, 1,021 million yen was recorded as non-operating income for derivative valuation gains on foreign exchange forward contracts. Additional forward contracts were concluded for the period 2025\u20132039, and valuation gains\/losses are expected to be zero in the final year 2039. Dividend policy will be maintained at a consolidated payout ratio of 40% or more while excluding the impact of foreign exchange forwards.","jir_summary":"### Summary of Results\nIn Q3 of the current fiscal year, 1,021 million yen of derivative valuation gains related to foreign exchange forwards was recorded as non-operating income. This was recorded after offsetting and reclassification of fair value assessments of unsettled balances arising from long-term foreign-currency denominated import contracts from 2017 and from 2025 through 2039. Fair value gains\/losses are expected to be zero in 2039, and cumulative valuation gains\/losses are projected to be eliminated.\n\n### Future Capital Policy and Dividends\nThe dividend policy is to maintain a consolidated payout ratio of 40% or more excluding the impact of foreign exchange forward derivatives, and to keep at least the same level as the prior fiscal year. Note that the recognition of derivative valuation gains is a point-in-time accounting valuation and does not directly translate into cash flows.","jir_financial_highlights":"Derivative valuation gains: 1,021 million yen (Difference from previous fiscal year-end unknown)\nFair value gains\/losses on unsettled foreign exchange forwards as of previous fiscal year-end: 7,389 million yen (Increase from -7,076 million yen at previous fiscal year-end)\nReclassification of fair value gains\/losses on unsettled foreign exchange forwards: 7,076 million yen (-7,076 million yen at previous fiscal year-end)\nTotal derivative valuation gains\/losses recorded as non-operating income: 1,021 million yen (Difference from previous fiscal year is after reclassification of previous fiscal year-end fair value gains)\nDividend policy: Consolidated payout ratio of 40% or more (Maintain status quo)","jir_category":"","jir_hashtags":"#SALA_Corporation, #DerivativeValuationGains","jir_key_figures":"Derivative valuation gains: 1,021 million yen\nFair value gains on unsettled foreign exchange forwards as of previous fiscal year-end: 8,097 million yen (at current fiscal year-end)\nReclassification of fair value gains\/losses on unsettled foreign exchange forwards: -7,076 million yen","jir_meta_title":"SALA Corporation \u2014 Notice of Recognition of Non-Operating Income\uff5cFY2026 (ending Nov)","jir_meta_description":"SALA Corporation announced it recorded 1,021 million yen of derivative valuation gains as non-operating income in Q3 of FY ending November 2026. The notice also addresses future foreign exchange forwards and dividend policy.","jir_og_title":"SALA Corporation Notice of Recognition of Non-Operating Income","jir_og_description":"In Q3 of the current fiscal year, 1,021 million yen of derivative valuation gains were recorded. Key points on fair value of forward positions through 2039 and dividend policy are explained.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":16910,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-127891","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n