TOKYO, May 22 (Pulse News Wire) – Sotoh CO.,LTD. (3571.T) reported a special gain of May 22, 2026 due to receiving support funds from Aichi Prefecture aimed at mitigating high fuel prices for textile businesses.
The grant income will be recognized as a special gain in the first quarter of the fiscal year ending March 2027. The company received the grant payment , which will be recorded as a subsidy revenue in its consolidated financial statements for the period ending September 2026.
Regarding future outlook, Sotoh stated that it does not disclose earnings forecasts. Any updates to its performance predictions will be communicated promptly once reasonable projections can be made.
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