TOKYO, May 15 (Pulse News Wire) – Loive CO.,LTD. (352A.T) reported a special loss of ¥81.4 million due to store closures resulting from redevelopment-related relocations during its fiscal year ended March 31, 2026.
The special loss, categorized as impairment losses, was reflected in the company’s unaudited consolidated results for the fiscal year ending March 31, 2026, which were released today. The impairment losses stemmed from the closure of stores as part of the company's relocation efforts associated with ongoing redevelopment projects.
In a statement, LOIVE highlighted that the impact of these special losses would be accounted for within their official financial statements. The company did not provide further details on the extent of the financial impact beyond the disclosed amount.
🟢 Confidence: High AI-translated content.