KANTO DENKA KOGYO CO.,LTD. [4047.T]
TOKYO, May 15 (Pulse News Wire) – Kanto Denka Kogyo CO.,LTD. (4047.T) reported a special loss of ¥148.9 million in its individual financial statements for the fiscal year ending March 31, 2026.
The special loss was recorded due to an impairment of investment in related companies, specifically concerning the capital contribution to Xuan Cheng Ke Di Ke Technology Limited Company. After evaluating the subsidiary's operating performance and financial condition, the company determined that the impairment amount should be recognized as a special loss.
Despite the individual financial statement impact, the special loss will be eliminated in the consolidated financial statements, resulting in no effect on the overall consolidated earnings. --- For further inquiries, interested parties may.
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