The company's board of directors resolved on February 26, 2026 to transfer all shares of its subsidiary Cohen Inc. to G.E.T. Inc., and as part of this transaction, to forgive a 5,858 million yen loan receivable from Cohen. This will result in a special loss of 1,795 million yen (difference between the forgiven amount and previously recorded allowance) in the March 2026 fiscal year individual financial statements, though the consolidated results will be unaffected due to elimination upon consolidation.
¥5.9bn
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Summary
The company's board of directors resolved on February 26, 2026 to transfer all shares of its subsidiary Cohen Inc. to G.E.T. Inc., and as part of this transaction, to forgive a 5,858 million yen loan receivable from Cohen. This will result in a special loss of 1,795 million yen (difference between the forgiven amount and previously recorded allowance) in the March 2026 fiscal year individual financial statements, though the consolidated results will be unaffected due to elimination upon consolidation.