Source disclosure: January 29, 2026
ONO SOKKI Co., Ltd. [6858.T]
TOKYO, Jan 29 (Pulse News Wire) – ONO Sokki CO.,LTD. (6858.T) recorded a loan loss provision of ¥157 million due to its subsidiary Sound One's ongoing debt issues related to launching a new business model during the fiscal year ended December 31, 2025.
Sound One, which remains insolvent despite efforts to establish a new business approach, led to the special loss being recognized in ONO SOKKI’s individual financial statements. However, since Sound One is a consolidated subsidiary, the impact does not affect ONO SOKKI’s overall consolidated performance as such losses are offset within the group's financial reporting.
ONO SOKKI emphasized that while the provision was necessary due to the current financial status of Sound One, the consolidation process ensures that there is no adverse effect on the parent company’s reported earnings.
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