As part of the absorption-type merger of a wholly owned subsidiary, an elimination loss of consolidation stock is recognized as a special loss. The amount in the individual financial statements is 29 million yen. No impact on consolidated results. 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The amount in the individual financial statements is 29 million yen. No impact on consolidated results. Scheduled for the first quarter of fiscal year ending March 2027.","jir_summary":"### Overview\nAs a result of this absorption merger, the difference between the book values of assets and liabilities acquired from the dissolution company and the company's held shares will total 29 million yen, and it is scheduled to be recognized as a special loss in the first quarter of the fiscal year ending March 2027 in the individual financial statements. This item is eliminated in consolidation, so there is no impact on consolidated performance.\n\n### Future impact and apology\nThe company expresses its regret regarding the recognition of this special loss and the procedures of the absorption merger. No impact on consolidated results is expected.","jir_financial_highlights":"Elimination loss on consolidated stock: 29\u767e\u4e07\u5186 (Unknown)","jir_category":"","jir_hashtags":"#KurimotoIronWorks, #SpecialLoss, #AbsorptionMerger","jir_key_figures":"Elimination loss on consolidated stock: 29\u767e\u4e07\u5186\nOccurrence timing: First quarter of the fiscal year ending March 2027, individual financial statements\nImpact: No impact on consolidated results as it is eliminated in consolidation","jir_meta_title":"\u3010Kurimoto Iron Works\u3011Notice of Special Losses\uff5cFiscal Year Ending March 2027","jir_meta_description":"Kurimoto Iron Works records the elimination loss on consolidated stock as a special loss due to the absorption merger of a wholly owned subsidiary. No impact on consolidated results; amount is 29 million yen.","jir_og_title":"Kurimoto Iron Works\uff5cNotice of Special Losses","jir_og_description":"Elimination loss of 29 million yen due to the absorption merger of a wholly owned subsidiary. No impact on consolidated results; scheduled for the first quarter of fiscal year ending March 2027.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9562,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-96301","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n