www.grandes.jp/photo/ir_news/17/in178_list.pdf?19954830169e02ac5baeeb=

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株式会社グランディーズ 特別損失の計上に関するお知らせ

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https://www.grandes.jp/photo/ir_news/17/in178_list.pdf?19954830169e02ac5baeeb

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This document is a notification from Grandies Co., Ltd. regarding the special losses recorded for the fiscal year ending December 2025. The special losses include an impairment loss of 100 million yen on shares of its consolidated subsidiary, Morizou Co., Ltd., and a provision for doubtful accounts of 37 million yen on loans to the subsidiary. These losses were recognized due to a significant decline in the fair value of the subsidiary's shares, considering its financial condition and future earnings outlook. It is noted that these losses will be eliminated in the consolidated financial statements, thus having no impact on consolidated performance.