TOKYO, May 11 (Pulse News Wire) – Toho Lamac CO.,LTD. (7422.T) reported on Thursday that it expects to record a special gain of 46 million yen due to a partial repayment of pension benefits by former chairman Masajiro Kasai, who retired on March 16, 2026.
This repayment will result in the reversal of part of the company’s provision for executive retirement allowances during the second quarter of its fiscal year ending December 2026. The company stated that the impact on its previously disclosed earnings forecast for the same period is currently being assessed and any necessary adjustments will be promptly communicated.
In addition, the board of directors approved the payment amount based on the former chairman’s voluntary offer to return a portion of his retirement benefits. The company anticipates recording this special gain in the second quarter of the fiscal year ending December 2026.
🟢 Confidence: High AI-translated content.