Source disclosure: February 12, 2026
AXEL MARK INC. [3624.T]
TOKYO, Feb 12 (Pulse News Wire) – AXEL MARK INC. (3624.T) reported extraordinary expenses and losses for its fiscal first quarter ending September 2026.
The company recorded non-operating expenses and special losses totaling ¥15 million due to warrant issuance costs related to the issuance of the 31st and 32nd tranches of warrants on October 30, 2025. Additionally, AXEL MARK INC. recognized a special loss of ¥36 million resulting from the early redemption of its second series of convertible bonds issued on April 28, 2021.
Furthermore, the company also incurred a special loss of ¥25 million due to provisions made against doubtful debts arising from loans extended to its subsidiary Akuserumedika Kabushiki Kaisha. Despite the impact of these charges, the effects on consolidated earnings have been neutralized through offsetting entries. The company's preliminary results for the quarter reflect these adjustments and are detailed in today’s interim report.
The revised forecasts for the full fiscal year ending September 2026, previously disclosed on November 13, 2025, now incorporate these additional expenses.
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