TOKYO, May 14 (Pulse News Wire) – QLS Holdings Co.,ltd (7075.T) reported several unusual items in its fourth quarter results ending March 31, 2026. The company recorded extraordinary income from subsidies related to employment benefits and pre-opening expenses for childcare facilities amounting to ¥79.6 million.
Additionally, a special gain of ¥163.3 million was recognized due to government grants covering part of the fixed asset investments made by its subsidiary, Qualis Corporation, for childcare facility construction. However, the firm also incurred a reduction in value of fixed assets totaling ¥163.3 million as a result of compressing certain assets’ values directly.
Furthermore, impairment losses of ¥144.6 million were booked due to reassessments of recoverability for some fixed assets operated by its subsidiary, Wami Life Care Corporation, amid changes in the operating environment. These adjustments reflect the company’s efforts to accurately account for various governmental support programs and assess the ongoing viability of its fixed asset investments.
The impact of these items is detailed in the company's interim earnings release for the fiscal year ended March 31, 2026.
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