Sumitomo Osaka Cement has recognized an extraordinary loss of 2,905 million yen as impairment loss in the third quarter financial results for the fiscal year ending March 2026 due to the abolition of the Ako Plant Ako Power 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-01-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/5232-20260127-01.pdf","jir_short_summary":"Sumitomo Osaka Cement has recognized an extraordinary loss of 2,905 million yen as impairment loss in the third quarter financial results for the fiscal year ending March 2026 due to the abolition of the Ako Plant Ako Power Station.","jir_summary":"### Regarding the Recognition of Extraordinary Loss\nSumitomo Osaka Cement Co., Ltd. has been operating the Ako Plant Ako Power Station as a coal-fired thermal power plant; however, taking into account the start of the Emissions Trading System (GX-ETS), the Board of Directors resolved to abolish this power station by March 2026. Consequently, an extraordinary loss of 2,905 million yen related to impairment of fixed assets associated with the power station will be recognized in the third quarter financial results for the fiscal year ending March 2026.\n\n### Impact on Business Results and Future Outlook\nThis extraordinary loss has already been factored into the full-year earnings guidance for the fiscal year ending March 2026, announced on November 11, 2025, with no revisions to the earnings forecast. While the impairment of fixed assets due to the power station\u2019s abolition will have a temporary impact on business results, it is expected to contribute to responding to future environmental regulations and reviewing the business structure.","jir_financial_highlights":"Extraordinary Loss (Impairment Loss): 2,905 million yen (Recognized in the third quarter of fiscal year ending March 2026)","jir_category":"","jir_hashtags":"#SumitomoOsakaCementCoLtd, #ExtraordinaryLoss, #FinancialSummary, #JapaneseStocks","jir_key_figures":"Extraordinary Loss Amount: 2,905 million yen\nPower Station Abolition Date: March 2026\nImpact on Earnings Guidance: Already factored in","jir_meta_title":"Sumitomo Osaka Cement Announces Recognition of 2,905 Million Yen Extraordinary Loss Due to Abolition of Ako Power Station","jir_meta_description":"Sumitomo Osaka Cement has recognized an impairment loss of 2,905 million yen as an extraordinary loss in the third quarter financial results for the fiscal year ending March 2026 due to the abolition of the Ako Plant Ako Power Station. Impact on earnings guidance has been incorporated.","jir_og_title":"Sumitomo Osaka Cement Announces Extraordinary Loss Recognition Due to Ako Power Station Abolition","jir_og_description":"An extraordinary loss of 2,905 million yen has been recognized due to the abolition of Ako Power Station. The impact on earnings guidance has already been incorporated.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9402,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-20963","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n