{"id":31344,"date":"2026-02-26T12:33:34","date_gmt":"2026-02-26T03:33:34","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/7606-20260226-01_wp_general_ir\/"},"modified":"2026-02-26T12:33:34","modified_gmt":"2026-02-26T03:33:34","slug":"7606-20260226-01_wp_general_ir","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-7606\/ir\/7606-20260226-01_wp_general_ir\/","title":{"rendered":"Notice Regarding Debt Forgiveness to Consolidated Subsidiary"},"content":{"rendered":"<p>United Arrows Ltd. plans to implement debt forgiveness of loans amounting to 5,858 million yen (15.5% of consolidated net assets) to Cohen Ltd. on 2026-02-27.<\/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,"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 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-02-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/7606-20260226-01.pdf","jir_short_summary":"United Arrows Ltd. plans to implement debt forgiveness of loans amounting to 5,858 million yen (15.5% of consolidated net assets) to Cohen Ltd. on 2026-02-27.","jir_summary":"### Overview of Debt Forgiveness\nUnited Arrows Ltd. has resolved to forgive debt of 5,858 million yen in loans to its consolidated subsidiary Cohen Ltd. on 2026-02-27. This is part of the share transfer agreement for all shares of Cohen concluded on 2026-01-29, after which Cohen will be excluded from the consolidated group. Cohen is engaged in planning, manufacturing, and sales of apparel items, and has had negative net assets and operating losses continuously for the past three years.\n\n### Outlook and Impact\nAs a result of the debt forgiveness, a special loss of 1,795 million yen (loss on debt forgiveness of related parties) will be recorded in the standalone financial statements. However, this will be offset and eliminated in the consolidated financial statements, thus having no impact on consolidated performance. With the execution of the share transfer, Cohen will be excluded from the consolidated subsidiaries. The impact on the full-year consolidated financial results for the fiscal year ending March 2026 is currently under review and will be disclosed promptly as necessary.","jir_financial_highlights":"Amount of Debt Forgiveness: 5,858 million yen (Unknown)\nRatio to Consolidated Net Assets: 15.5% (Unknown)\nSpecial Loss Recorded (Standalone Financials): 1,795 million yen (Unknown)","jir_category":"","jir_hashtags":"#UnitedArrowsLtd, #GeneralIR, #DebtForgiveness","jir_key_figures":"Amount of Debt Forgiveness: 5,858 million yen (loans)\nRatio to Consolidated Net Assets: 15.5%\nSpecial Loss Recorded in Standalone Financials: 1,795 million yen","jir_meta_title":"United Arrows Ltd. Resolves Debt Forgiveness of 5,858 Million Yen Loans to Consolidated Subsidiary Cohen","jir_meta_description":"United Arrows Ltd. plans to implement debt forgiveness of 5,858 million yen loans to consolidated subsidiary Cohen Ltd. on 2026-02-27. A special loss of 1,795 million yen will be recorded in standalone financials, with no impact on consolidated results.","jir_og_title":"United Arrows Announces Debt Forgiveness to Subsidiary Cohen","jir_og_description":"Resolution to forgive loans amounting to 5,858 million yen to consolidated subsidiary Cohen. No impact on consolidated results.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":16946,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-31344","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice Regarding Debt Forgiveness to Consolidated Subsidiary - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-7606\/ir\/7606-20260226-01_wp_general_ir\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-7606\/ir\/7606-20260226-01_wp_general_ir\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-7606\/ir\/7606-20260226-01_wp_general_ir\/\",\"name\":\"Notice Regarding Debt Forgiveness to Consolidated Subsidiary - 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