The company suspended its Okinawa resort development project with strategic partner Okinawa Realtor Co., Ltd. due to repeated project delays and unclear completion timelines. As a result, the company recorded a 159 million yen inventory valuation loss and a 674 million yen allowance for doubtful accounts as special losses in the fiscal year ending December 2025.
¥833M
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Summary
The company suspended its Okinawa resort development project with strategic partner Okinawa Realtor Co., Ltd. due to repeated project delays and unclear completion timelines. As a result, the company recorded a 159 million yen inventory valuation loss and a 674 million yen allowance for doubtful accounts as special losses in the fiscal year ending December 2025.