Yamano Holdings Posts Special Losses and Deferred Tax Asset Write-downs
TOKYO, May 15 (Pulse News Wire) – Yamano Holdings Corporation (7571.T) reported special losses and deferred tax asset write-downs for its fiscal year ending March 31, 2026. The company recorded impair
TOKYO, May 15 (Pulse News Wire) – Yamano Holdings Corporation (7571.T) reported special losses and deferred tax asset write-downs for its fiscal year ending March 31, 2026. The company recorded impairment losses totaling ¥32 million due to the reassessment of certain fixed assets based on the Accounting Standards for Impairment of Fixed Assets.
Additionally, considering the performance for the fiscal year and future trends, the company wrote down deferred tax assets, resulting in a deferred tax adjustment of ¥11 million being recognized in the consolidated financial statements. In separate individual financial reporting, Yamano Holdings noted gains from the absorption merger of its subsidiary Yamano Plus on October 01, 2025, recording a gain of ¥33 million.
However, the company also incurred a loss of ¥11 million related to provisions against doubtful debts for long-term loans to another subsidiary, OLD FLIP, due to its deteriorating financial condition. The impact of these items has been reflected in the company's unaudited interim earnings announcement released today.
Notably, while the individual financial statements show these effects, the consolidated results remain unaffected as these items offset each other within the group structure.
