Denka Company Limited [4061.T]
TOKYO, May 13 (Pulse News Wire) – Denka Company Limited (4061.T) reported special losses and gains in its fiscal year ended March 2026. The company recorded a special loss of operating shutdown costs totaling ¥21.11 billion due to the evaluation reduction of raw materials and intermediates at its temporarily halted US subsidiary, Denka Performance Elastomer LLC.
Additionally, Denka recognized a related company equity impairment loss of ¥24.08 billion and a reversal of related company loss provision of ¥8.677 billion in its individual results, which had no impact on consolidated earnings. In another development, Denka completed the consolidation of Oriental Styrene Kabushiki Kaisha, previously accounted for under the equity method, resulting in a negative goodwill gain of ¥6.517 billion and a step-up acquisition loss of ¥4.875 billion. These adjustments were disclosed in the company's press release dated March 9, 2026.
The special items mentioned above were already reflected in Denka’s preliminary full-year consolidated performance forecast released on February 6, 2026. Consequently, their effect on pre-tax profit is expected to be minor. Detailed figures are included in the company’s consolidated and individual financial statements released today.
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