The company completed the dissolution and liquidation procedures of its consolidated subsidiary TEAC UK LTD. (UK) on February 17, 2026. This resulted in the reversal of accumulated translation differences and recognition of approximately 322 million yen in gains from the subsidiary liquidation as a separate disclosure item in the consolidated financial statements for the fiscal year ending March 2026.
¥322M
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Summary
The company completed the dissolution and liquidation procedures of its consolidated subsidiary TEAC UK LTD. (UK) on February 17, 2026. This resulted in the reversal of accumulated translation differences and recognition of approximately 322 million yen in gains from the subsidiary liquidation as a separate disclosure item in the consolidated financial statements for the fiscal year ending March 2026.