CAVE Interactive CO.,LTD. [3760.T]
TOKYO, Apr 13 (Pulse News Wire) – Cave Interactive CO.,LTD. (3760.T) reported a special loss due to the withdrawal from a smartphone game project and expects extraordinary income from insurance surrender proceeds.
In the third quarter of the fiscal year ending May 2026, the company recorded a special loss related to the withdrawal from the Software Kari Kanjou project, which included pre-release costs of ¥91 million. Additionally, the company anticipates receiving insurance surrender returns totaling ¥291 million as extraordinary income in the first quarter of the fiscal year ending May 2027.
The special loss has already been reflected in the interim earnings announcement for the fiscal year ending May 2026. However, the anticipated extraordinary income from insurance surrender proceeds will be recognized in the next fiscal year's earnings announcement for the first quarter ending May 2027.
For more detailed information on the impairment losses previously reported, refer to the January 13, 2026 press release titled “Announcement Regarding Impairment Losses on Intangible Fixed Assets.”.
🟢 Confidence: High AI-translated content.