News

1. Overview of Losses

(1) Consolidated financial results

As a result of impairment tests on each of our businesses in accordance with International Financial Reporting Standards (IFRS), the Company has recognized a write-down of 5,017 million yen under other expenses for a portion of goodwill related to its consolidated subsidiary, Robosoft Technologies Private Limited (“Robosoft”). This decision was based on Robosoft’s ongoing difficulties in acquiring new customers in the North American market, which accounts for approximately 60% of its customer base. Despite a recent change in Robosoft management team, the Company determined that it would be inappropriate to rely on higher future growth assumptions for the impairment judgement.

(2) Non-consolidated financial results

In connection with the recognition of the above-mentioned goodwill impairment loss, the fair value of the shares in Robosoft held by the Company has declined significantly. As a result, the Company recorded a valuation loss of 5,779 million yen on its subsidiary’s shares as an extraordinary loss in the non-consolidated financial results.

2. Impact on Consolidated Financial Results

The impairment loss mentioned above has been reflected in the “Summary of the Consolidated Financial Statements (IFRS) for the Fiscal Year Ended June 30, 2025,” announced today, with no alarming change to the full-year consolidated earnings guidance announced on August 8, 2024. The valuation loss on the subsidiary’s shares recorded in the non-consolidated financial results is eliminated in the consolidated financial statements, therefore has no impact on the consolidated financial results.

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