TOKYO, May 29 (Pulse News Wire) – TOYO Corporation (445A.T) disclosed today that it recorded non-deductible tax expenses for its fiscal year ending March 31, 2026. The company reported additional operating expenses amounting to ¥14.8 million for taxes not deductible for tax purposes and ¥9.0 million for deferred consumption tax depreciation.
These costs arise from taxes that cannot be deducted according to tax regulations and the portion of previously capitalized consumption taxes that need to be depreciated during the current fiscal period. According to the company, these expenses are ongoing due to the nature of its operations and are not isolated incidents.
In a related development, the impact of these expenses has been reflected in the preliminary consolidated financial results released today. The detailed figures are available in the “Consolidated Financial Highlights” statement published concurrently with this notice.
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