Polaris Holdings corrects FY2025 financial results, adjusts debt figures
** Polaris Holdings Co., Ltd. (TSE:3010) has issued a correction to its consolidated financial results for the fiscal year ended March 31, 2025, originally disclosed on May 14, 2025. The revisions pertain to the classification of non-current liabilities, specifically impacting long-term borrowings and subordinated capital loans but not affecting the total amount of non-current liabilities or other parts of the consolidated financial statements. Specifically, long-term borrowings were adjusted from JPY 16,279.788 million to JPY 15,429.788 million and subordinated capital loans were adjusted from JPY 950 million to JPY 1,800 million. The company clarified that these corrections are due to the identification of certain errors after the initial release. A previous partial correction of the consolidated financial results for the nine months ended December 31, 2024 was issued on February 13, 2025. The company emphasized that this adjustment did not impact the overall financial condition.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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