TOKYO, May 15 (Pulse News Wire) – Konaka CO.,LTD. (7494.T) reported provisions for extraordinary expenses and special losses for its fiscal second quarter ending September 2026.
In the second quarter, the company recorded a provision of ¥486 million for debt guarantee losses related to its subsidiary, Samantha Thavasa Japan Limited. This amount was recognized individually but had no impact on the consolidated financial statements.
Additionally, based on impairment accounting standards, Konaka Group recorded impairment losses totaling ¥381 million individually. The company conducted a review of future recoverability of its assets and determined these impairments were necessary.
These provisions have been reflected in the interim earnings announcement released today.
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