Following the absorption-type merger of the subsidiary effective April 1, 2026, a special gain of 2,759 million yen related to merged stock cancellation is scheduled to be recorded in the consolidated fiscal year ending March 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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":"7226","jir_company_name":"Kyokuto Development Corporation","jir_importance":"\u2605\u2605\u2606\u2606\u2606","jir_publication_date":"2026-05-08","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/7226-20260508-01.pdf","jir_short_summary":"Following the absorption-type merger of the subsidiary effective April 1, 2026, a special gain of 2,759 million yen related to merged stock cancellation is scheduled to be recorded in the consolidated fiscal year ending March 2027.","jir_summary":"### About the Recognition and Details of the Special Gain\nAs a result of the absorption merger of the wholly owned subsidiary Kyokuto Development Parking Corporation effective April 1, 2026, the difference between the net asset amount received from the subsidiary and the book value of the shares held by our company caused this difference. This 2,759 million yen will be recorded as a special gain related to stock cancellation in the standalone financial statements for the fiscal year ending March 2027.\n\n### Impact on Business Performance\nThis merged stock cancellation gain will be recorded in the standalone financial statements and will be eliminated in the consolidated financial statements, so there will be no impact on the consolidated financial position.","jir_financial_highlights":"Merged Stock Cancellation Gain: 2,759 million yen (Unknown)","jir_category":"","jir_hashtags":"#KyokutoDevelopment, #SpecialGain, #Merger, #IR","jir_key_figures":"Merged Stock Cancellation Gain: 2,759 million yen (scheduled to be recorded in the FY ending March 2027)\nMerger Effectiveness Date: April 1, 2026\nImpact on Consolidated Financial Statements: None","jir_meta_title":"\u3010Kyokuto Development\u3011Recognition of 2,759 million yen in special gain related to subsidiary merger\uff5cMay 2026","jir_meta_description":"Kyokuto Development Corporation announced that it absorbed a subsidiary effective April 1, 2026, and plans to record a special gain of 2,759 million yen related to merged stock cancellation in the fiscal year ending March 2027.","jir_og_title":"\u3010Kyokuto Development\u3011Scheduled to record 2,759 million yen in special gain due to subsidiary merger","jir_og_description":"Due to the absorption merger of a subsidiary effective April 1, 2026, a special gain is scheduled to be recorded in the fiscal year ending March 2027. There is no impact on the consolidated financial statements.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[]","ir_related_company":9442,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-45978","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n