Sala Corporation recorded 793 million yen as other operating income in the interim period of the 2026 fiscal year for the half-year period ending November 2026 due to derivative valuation gains on foreign exchange hedges. By consolidating the past valuation gain reversal process and the fair value of unsettled balances at period-end, the gain is determined. The dividend policy remains to maintain a consolidated payout ratio of 40% or higher, excluding the impact of foreign exchange hedge gains\/losses.<\/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":"2734","jir_company_name":"Sala Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-07-07","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/2734-20260707-05.pdf","jir_short_summary":"Sala Corporation recorded 793 million yen as other operating income in the interim period of the 2026 fiscal year for the half-year period ending November 2026 due to derivative valuation gains on foreign exchange hedges. By consolidating the past valuation gain reversal process and the fair value of unsettled balances at period-end, the gain is determined. The dividend policy remains to maintain a consolidated payout ratio of 40% or higher, excluding the impact of foreign exchange hedge gains\/losses.","jir_summary":"### Performance Overview\nThis report discloses the recording of derivative valuation gains on foreign exchange hedges. In the six-month period from December 1, 2025 to May 31, 2026, derivative valuation gains due to exchange rate fluctuations amounting to 793 million yen were recorded as other operating income. This reflects the treatment considering past valuation gain reversals and the fair value of unsettled balances, with the ultimate expectation that accumulated derivative valuation gains will be zero yen.\n\n### Impact Going Forward and Dividend Policy\nThe company explicitly states a consolidated payout ratio target of 40% or higher excluding the impact of derivative gains and losses on foreign exchange hedges, and it intends to maintain or exceed the previous year's dividend level going forward.","jir_financial_highlights":"Derivative valuation gains: 793 million yen (Reversed from prior period\u2019s valuation gains\/losses and recognized in the interim period)\nFair value gain on unsettled balances of foreign exchange hedges (end of previous consolidated accounting year): 7,076 million yen (After the reversal processing)\nFair value gain on unsettled balances of foreign exchange hedges (end of current period): 7,869 million yen (End of this period)\nAccumulated derivative valuation gains: 0 million yen (Accumulated to 0 yen at end of this period)","jir_category":"","jir_hashtags":"#SalaCorporation, #IR, #JapanStocks","jir_key_figures":"Derivative valuation gains: 793 million yen\nFair value gain on unsettled balances of foreign exchange hedges (end of current period): 7,869 million yen\nFair value gain on unsettled balances of foreign exchange hedges (end of previous period): 7,076 million yen","jir_meta_title":"\u3010Sala Corporation\u3011Notice on Recording Derivative Valuation Gains\uff5cFY2026","jir_meta_description":"Sala Corporation discloses recording of derivative valuation gains in the second quarter of the fiscal year ending November 2026. Key points include the fair value gains on foreign exchange hedges, reversal processing, and the basic dividend policy.","jir_og_title":"\u3010Sala Corporation\u3011Notice on Recording Derivative Valuation Gains\uff5cFY2026","jir_og_description":"Recording of derivative valuation gains of 793 million yen as other operating income. Review of fair value gains and dividend policy.","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":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-76983","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n