Miroku Corporation (TSE: 7983, Standard market) will post a ¥1.19bn special gain for the year ending October 2026, after Kochi Prefecture confirmed the exact payout under its corporate location promotion subsidy program.
The Nankoku City-based maker said in an extraordinary report filed with the Shikoku Local Finance Bureau on September 25, 2026 that it received the prefecture's confirmation notice the day before, on September 24. The subsidy, tied to a factory the company built in Nankoku City, totals ¥1.19bn and will appear as an extraordinary gain in both Miroku's standalone and consolidated accounts for the current fiscal year.
A separate TDnet notice identified the plant as having entered full operation in February 2026 and said the prefecture had already approved the subsidy in principle before finalizing this month's payout figure.
Miroku said the earnings effect was not a surprise: the company had already folded the gain into an August 25 disclosure that revised its full-year consolidated forecast alongside an expected gain from selling investment securities. The filing cites Article 24-5, Paragraph 4 of the Financial Instruments and Exchange Act and Article 19, Paragraph 2, items 12 and 19 of Japan's corporate disclosure ordinance as its legal basis for reporting the event.
The gain is a one-off tied to a completed subsidy decision, not a recurring earnings item, and the disclosures say nothing about the factory's current output or utilization.