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Harmonic Drive Systems corrects segment information in fiscal 2025 results

June 17, 2025 at 12:00 PM UTCBy FilingReader AI

Harmonic Drive Systems (TSE:6324) announced corrections to its "Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 [Japanese GAAP]," initially announced on May 14, 2025. The company identified errors in the segment information, prompting the revisions, though the consolidated financial statements remain unaffected. The corrections specifically pertain to adjustments in segment assets. Prior to the correction, segment assets totaled JPY129,701,474 thousand with an adjustment of JPY(16,079,791) thousand, resulting in consolidated assets of JPY113,621,682 thousand. The corrected figures show total segment assets of JPY109,167,183 thousand, adjusted by JPY4,454,498 thousand, still resulting in consolidated assets of JPY113,621,682 thousand. The adjustment includes inter-segment eliminations and unallocated corporate assets such as excess funds, long-term investments, and assets related to corporate departments.

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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