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Cybozu to Book ¥1.5 Billion Extraordinary Loss on U.S. Subsidiary Shares

Story Highlights
  • Cybozu will record a ¥1.485 billion impairment loss on shares in its U.S. subsidiary Kintone, following a decline in the appraised value of related company stock.
  • The loss is already reflected in Cybozu’s non-consolidated forecast and will not impact consolidated earnings, as the firm continues its long-term investment push in the U.S. market.
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Cybozu to Book ¥1.5 Billion Extraordinary Loss on U.S. Subsidiary Shares

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Cybozu, Inc. ( (JP:4776) ) has shared an announcement.

Cybozu, Inc. said it will book an extraordinary loss of ¥1,485 million in its non-consolidated results for the year ended December 2025, stemming from an impairment loss on shares of its U.S. consolidated subsidiary, Kintone Corporation, after a decline in the appraised value of a related company’s stock. The company stressed that the U.S. business remains in an investment phase and that it intends to continue funding the operation, citing long-term market growth potential and the possibility of ultimately recouping its investment, while noting the loss has already been factored into its non-consolidated forecast and will not affect consolidated earnings because it is eliminated at the group level.

More about Cybozu, Inc.

Cybozu, Inc. is a Japan-based software company that develops and provides groupware and business collaboration platforms. Through products such as its Kintone-branded services, the company focuses on digital workplace solutions and low-code application platforms, with an emphasis on expanding its presence in overseas markets including the U.S.

Average Trading Volume: 502,958

Technical Sentiment Signal: Hold

Current Market Cap: Yen96.94B

See more insights into 4776 stock on TipRanks’ Stock Analysis page.

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