Fujibo Holdings, Inc. [3104.T]
TOKYO, May 15 (Pulse News Wire) – Fujibo Holdings,inc. (3104.T) reported an impairment loss related to subsidiary shares in its individual financial statements for the fiscal year ended March 2026.
The impairment loss of ¥780 million was recorded as a special loss due to a significant decline in the fair value reflecting excess earning power of IPM Corporation's shares, which became a wholly-owned subsidiary in November 2022. Additionally, the company reassessed the recoverable amount of goodwill associated with IPM Corporation due to performance falling below initial plans.
As a result, a goodwill impairment loss of ¥600 million was recognized in the consolidated financial statements for the same period. The impairment losses noted above affect only the individual financial statements and will be eliminated in consolidation, thus having no impact on the consolidated operating results for the fiscal year ending March 2026.
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