The company recorded impairment losses on fixed assets of subsidiary Treeful Co., Ltd. due to declining operational capacity and uncertain capital recovery prospects. Additionally, the parent company recorded evaluation losses on affiliate company stocks and provisions for potential losses from affiliate business operations totaling 270,627 thousand yen on an individual basis.
¥438017
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Summary
The company recorded impairment losses on fixed assets of subsidiary Treeful Co., Ltd. due to declining operational capacity and uncertain capital recovery prospects. Additionally, the parent company recorded evaluation losses on affiliate company stocks and provisions for potential losses from affiliate business operations totaling 270,627 thousand yen on an individual basis.