Mbs Reports Investment Securities Loss of 146 million

TOKYO, Jul 13 (Pulse News Wire) – mbs,inc. (1401.F) reported on July 13 that it had decided to recognize an investment securities loss of ¥146 million as extraordinary losses during a board meeting held on the same day.

The loss stems from a reassessment of certain non-listed company shares acquired as part of a capital business alliance. After careful consideration of the recent financial condition, progress of operations, and future recovery potential of the targeted companies, the conservative accounting treatment was deemed necessary.

However, due to confidentiality concerns related to creditworthiness, transaction relationships, and impact on future operations, the names of the affected companies remain undisclosed. This evaluation loss is purely an accounting adjustment and does not directly affect the operating activities or profitability of the company's main home beauty care business.