Source disclosure: February 10, 2026
GRANDES,Inc. [3261.T]
TOKYO, Feb 10 (Pulse News Wire) – Grandes,inc. (3261.T) reported special losses totaling ¥100 million related to its subsidiary, MORIZOU, due to a significant decline in the subsidiary's stock value.
Additionally, the company recognized a provision for doubtful debts amounting to February 10, 2026. In a filing, GRANDEZ detailed that the impairment loss of ¥100 million was recorded as a result of evaluating MORIZOU’s financial condition and future earnings prospects. Furthermore, after carefully assessing the recoverability of loans extended to MORIZOU, the company decided to recognize a provision for doubtful debts of February 10, 2026.
Both the impairment loss and the provision for doubtful debts will be eliminated in the consolidated financial statements, thus having no impact on the overall consolidated performance. These adjustments are reflected in the company’s preliminary consolidated results for the fiscal year ending December 2025, which were released today. This disclosure highlights GRANDEZ’s proactive approach to addressing potential risks within its subsidiaries while ensuring transparency in financial reporting.
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