The company recognized a material impairment loss of 411 million yen on shares of its consolidated subsidiary ASCe due to a significant decline in their fair value. The impairment was recorded as an extraordinary loss in the third quarter of fiscal year ending March 2026, though it will be eliminated in consolidation with no impact on consolidated earnings.
¥411M
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Summary
The company recognized a material impairment loss of 411 million yen on shares of its consolidated subsidiary ASCe due to a significant decline in their fair value. The impairment was recorded as an extraordinary loss in the third quarter of fiscal year ending March 2026, though it will be eliminated in consolidation with no impact on consolidated earnings.