Menicon Acquires Board Bridge Trade Shares; Additional Consideration Announced

TOKYO, May 13 (Pulse News Wire) – Menicon CO.,LTD. (7780.T) disclosed additional consideration related to its acquisition of shares in Board Bridge Trade Co., Ltd.

The company previously announced the earn-out payment and accounting treatment on March 16, 2026. Based on the earn-out clause, Menicon has estimated and recorded an additional amount of Arn Out Joukou as selling expenses and general administrative expenses for the fiscal year ending March 2026.

In detail, the additional consideration based on the earn-out clause is Arn Out Joukou. Furthermore, the amortization expense equivalent to five years post-acquisition, totaling ¥500 million, has been recognized within the same fiscal period's selling and general administrative expenses.

This move reflects Menicon’s commitment to accurately reflecting the costs associated with the acquisition in their financial statements.