TOKYO, Apr 14 (Pulse News Wire) – Tokyo Koki Co.ltd. (7719.T) reported special losses totaling ¥139 million due to affiliate share impairment and legal costs related to litigation against former executives in its fiscal year ending February 2026.
The company recognized a significant decline in the value of shares held in subsidiary Tokyo Koki Engineering Co., Ltd., resulting in an individual affiliate share impairment loss of ¥__NUM_0__. However, this did not impact the consolidated operating results.
Additionally, Tokyo Koki incurred legal expenses amounting to ¥31 million associated with lawsuits filed against former directors for damages and fraudulent activities involving inflated costs and kickbacks. These costs were recorded as a consolidated litigation expense of ¥31 million in the fiscal year's settlement.
The company emphasized that while these special items affected profitability, they did not influence overall operational performance.
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