TOKYO, May 14 (Pulse News Wire) – Digital Garage,inc. (4819.T) reported an impairment loss of ¥1.136 billion on related company shares for its fiscal year ending March 31, 2026.
The impairment was due to a significant decline in the fair value of shares held in five subsidiaries and one affiliate. Under individual accounting standards, the loss was recorded as a special item in the "Impairment loss on related company shares." However, under consolidated financial reporting standards, the impairment losses were eliminated but reflected as amortization impairment losses of goodwill in other expenses amounting to ¥181 million and equity method investment impairments in investment income totaling --¥822 million.
The impact of this impairment on the company's performance is reflected in the interim earnings announcement released today.
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