TOKYO PRINTING INK MFG.CO.,LTD. [4635.T]
TOKYO, Mar 27 (Pulse News Wire) – Tokyo Printing INK Mfg.co.,ltd. (4635.T) reported today that its board of directors has approved the recognition of impairment losses related to fixed assets in its Netron business within the processed products sector.
Due to declining profitability amid deteriorating business conditions, the company expects to reduce the carrying amount of these fixed assets to their recoverable amount, resulting in an estimated impairment loss of approximately ¥810 million. This impairment charge was under consideration as of February 9, when the company revised its consolidated earnings forecast and final dividend expectations for the fiscal year ending March 31, 2026.
However, despite the recognition of this impairment loss, there have been no changes to the previously disclosed annual consolidated performance projections.
🟡 Confidence: Standard AI-translated content.