Asahi Diamond Industrial Co.,Ltd. [6140.T]
TOKYO, Apr 16 (Pulse News Wire) – Asahi Diamond Industrial CO.,LTD. (6140.T) reported expected special losses for its fiscal year ending March 31, 2026.
The company anticipates recognizing impairment losses totaling 500 million yen related to equity investments and provisions amounting to ¥1.700 billion due to debt insolvency at its European subsidiary. Additionally, unused machinery and equipment will result in further impairment charges of ¥120 million.
However, these figures will not be reflected in the consolidated results due to internal transaction eliminations. In a separate development, the company noted that it transferred manufacturing operations to affiliates, leading to the identification of surplus assets requiring impairment adjustments.
The firm expects to disclose detailed individual financial results on May 15, 2026.
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