Nissan Securities Group Co.,Ltd. [8705.T]
TOKYO, Apr 15 (Pulse News Wire) – Nissan Securities Group CO.,LTD. (8705.T) announced today that its subsidiary, Nissan Securities Co., Ltd., will record a special loss due to impairment of fixed assets related to idle software.
The decision was made during a board meeting held. The impairment loss stems from a software asset that was introduced but now lacks future utilization prospects, leading to an assessment that recovery through future cash flows is impossible. As a result, the company plans to recognize an impairment loss of ¥135 million as a special loss in the fourth quarter of the fiscal year ending March 31, 2026.
Key details of the affected subsidiary include: - Name: Nissan Securities Co., Ltd. - Business Activities: Financial products trading and commodity futures trading - Headquarters Location: Tokyo, Chuuou Ku Ginza Roku Choume 10-1 - Capital: ¥1.500 billion (as of March 31, 2026) - Major Shareholder and Holding Ratio: Nissan Securities Group Kabushiki Kaisha 100.00% Regarding the impact on performance, the impairment loss of ¥135 million is expected to be recorded as a special loss in the fiscal year ending March 31, 2026. However, the precise effect on consolidated earnings remains under review, considering various factors.
Once finalized, any significant changes will be promptly disclosed.
🟢 Confidence: High AI-translated content.