In the fiscal year ending March 2026, an impairment loss of 70.1 billion yen is expected to be recorded on fixed assets of the biomass co-firing power generation business. Additionally, a provision for doubtful accounts of 60 billion yen is planned to be recorded in the individual performance.<\/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 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":"8439","jir_company_name":"Tokyo Century Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-06","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/8439-20260406-01.pdf","jir_short_summary":"In the fiscal year ending March 2026, an impairment loss of 70.1 billion yen is expected to be recorded on fixed assets of the biomass co-firing power generation business. Additionally, a provision for doubtful accounts of 60 billion yen is planned to be recorded in the individual performance.","jir_summary":"### Regarding Recognition of Impairment Loss\nTokyo Century Corporation announced that as a result of the profitability assessment for the biomass co-firing power generation business, it expects to reduce the book value of fixed assets to their recoverable amount and record an impairment loss of 70.1 billion yen as an extraordinary loss in the fiscal year ending March 2026. Additionally, a provision for doubtful accounts of 60 billion yen is planned to be recorded in the individual performance. These actions are based on a reassessment of the business environment.\n\n### Impact on Performance\nAlthough the recognition of losses will exceed the risk buffer in the fiscal year ending March 2026, due to recording gains on asset sales in various segments, the results are exceeding initial plans. Therefore, no change has been made to the net income attributable to owners of parent forecast of 100 billion yen announced on November 7, 2025.","jir_financial_highlights":"Amount of Impairment Loss Recorded: 70.1 billion yen (Unknown)\nProvision for Doubtful Accounts in Individual Performance: 60 billion yen (Unknown)\nNet Income Attributable to Owners of Parent Forecast: 100 billion yen (No change)","jir_category":"","jir_hashtags":"#TokyoCentury, #ImpairmentLoss, #EarningsRelated","jir_key_figures":"Impairment Loss Recorded: 70.1 billion yen (Fixed assets of biomass co-firing power generation business)\nProvision for Doubtful Accounts: 60 billion yen (Expected to be recorded in individual performance)\nNet Income Forecast: 100 billion yen (No change from forecast announced on November 7, 2025)","jir_meta_title":"Tokyo Century Announces 70.1 Billion Yen Impairment Loss for Fiscal Year Ending March 2026","jir_meta_description":"Tokyo Century expects to record an impairment loss of 70.1 billion yen on its biomass co-firing power generation business in the fiscal year ending March 2026. A provision for doubtful accounts of 60 billion yen is also planned, but net income forecast of 100 billion yen remains unchanged.","jir_og_title":"Tokyo Century Announces 70.1 Billion Yen Impairment Loss","jir_og_description":"A significant impairment loss is scheduled to be recorded in the biomass co-firing power generation business for the fiscal year ending March 2026. The net income forecast remains unchanged.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[]","ir_related_company":7560,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-39196","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n