KODAMA CHEMICAL INDUSTRY CO.,LTD. [4222.T]
TOKYO, May 14 (Pulse News Wire) – Kodama Chemical Industry CO.,LTD. (4222.T) reported a special loss due to impairment in its fiscal year ending March 31, 2026.
The impairment losses amounted to ¥1.867 billion in the consolidated financial statements and ¥538 million in individual financial statements. The impairment was identified in asset groups showing signs of impairment, leading to a careful assessment of recoverability.
As a result, Kodama Chemical and its subsidiary, Yanagikawa Precision Machinery Co., Ltd., recorded the impairment losses in their respective financial reports for the fiscal year ended March 31, 2026. The impact of these special losses on the company's performance is reflected in the interim earnings announcement released today.
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