The company recognized significant impairment losses and valuation adjustments totaling approximately 3,733 million yen related to its subsidiaries Minajin Co., Ltd. and Kubell Storage Co., Ltd. following an assessment of recoverability. The charges include goodwill impairment, equity valuation losses, doubtful debt allowances, and guarantee loss provisions recognized in the fiscal year 2024.
¥3.7bn
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Summary
The company recognized significant impairment losses and valuation adjustments totaling approximately 3,733 million yen related to its subsidiaries Minajin Co., Ltd. and Kubell Storage Co., Ltd. following an assessment of recoverability. The charges include goodwill impairment, equity valuation losses, doubtful debt allowances, and guarantee loss provisions recognized in the fiscal year 2024.
The company reversed a debt guarantee loss provision of ¥121 million related to subsidiary Kubell Partner Co., Ltd. for the fiscal year ended December 31, 2025, while simultaneously accruing an affiliate receivable impairment provision of ¥1,004 million for both Kubell Partner and Kubell Storage. These adjustments are reported as special gains and losses in individual financial statements but have no consolidated impact due to elimination entries.
¥-883
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Summary
The company reversed a debt guarantee loss provision of ¥121 million related to subsidiary Kubell Partner Co., Ltd. for the fiscal year ended December 31, 2025, while simultaneously accruing an affiliate receivable impairment provision of ¥1,004 million for both Kubell Partner and Kubell Storage. These adjustments are reported as special gains and losses in individual financial statements but have no consolidated impact due to elimination entries.