TOKYO, Jul 06 (Pulse News Wire) – Kyokuto CO.,LTD. (2300.T) recorded a special gain of ¥17 million due to rescinding the retirement allowance for a director who resigned on April 30, 2026.
The company established an executive retirement benefit reserve based on internal regulations but decided against providing the allowance, leading to the reversal of the reserve amount. In the fiscal year ending February 2027's first quarter results, Kyokuto will reflect this reversal as a special gain.
However, the impact on the second quarter and full-year performance forecasts remains under review. Any necessary adjustments to these forecasts will be disclosed promptly.
Kyokuto continues to monitor its financial outlook closely and will update stakeholders accordingly.
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