Procrea Holdings Reports Securities Loss for March 2026 Period
TOKYO, Apr 28 (Pulse News Wire) – Procrea Holdings,inc. (7384.T) reported a securities loss totaling ¥11.77 billion for its March 2026 period.
The loss pertains to bonds held-to-maturity by its subsidiary, Aomori Michinoku Bank. For comparison, the company's consolidated ordinary profit for the fiscal year ended March 2025 was ¥2.432 billion. The securities loss represented 483.9% percent of the previous year’s ordinary profit. Additionally, the parent company shareholders’ net income for the same period was ¥1.227 billion, making the securities loss equivalent to 958.7% percent of that figure. The company noted that all securities whose fair value could be reasonably estimated were included in the calculation.
The book value of the affected securities stood at ¥245.8 billion, while their fair value was assessed at ¥234.1 billion. Regarding performance impact, Procrea Holdings stated there would be no changes to previously announced forecasts for the fiscal year ending March 2026, which were disclosed on May 15, 2025. However, the company cautioned that future actual results could differ significantly due to various factors. The company’s fiscal year-end remains March 31. In the March 2026 fiscal year, the total gain on securities held-to-maturity amounted to ¥62 million, resulting in a net impairment loss of --¥11.71 billion.
