WASEDA ACADEMY CO.,LTD. [4718.T]
TOKYO, May 12 (Pulse News Wire) – Waseda Academy CO.,LTD. (4718.T) reported a special loss of [¥594 million] due to asset impairment in its fourth quarter ended March 31, 2026.
The impairment charge was recognized based on the Accounting Standards for Impairment of Fixed Assets and reflects a reassessment of certain fixed assets and leasehold properties whose profitability had declined. The company implemented changes in organizational structure and management accounting classifications to enhance operational efficiency and ensure sustainable growth.
As part of these efforts, a thorough review of the recoverability of affected assets led to the recognition of the impairment losses. The impact of this special loss has been reflected in the company’s preliminary earnings results released today.
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