Profit boosted by equity-method investment income at リバーホールディングス
First written in FY2022-Q2. 1 of 3 entries say "Dropped", first in FY2023-Q2. Latest entry: FY2023-Q2.
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- FY2023-Q2DroppedAnnual report
「Equity-method investment income 114,401 －」
Following River Holdings’ removal from the scope of the equity method, no equity-method investment income was recognized in the current cumulative period, and the factor that boosted earnings in the same quarter of the previous year did not arise in the current period. - FY2022-Q3Change following removal from the scope of the equity methodAnnual report
「As a result of recognizing ¥201.312 million in equity-method investment gain or loss in connection with River Holdings Co., Ltd. becoming an equity-method affiliate during the third-quarter cumulative period, ordinary income was ¥446.615 million, up 176.6% year on year.」
Equity-method investment gain or loss was ¥201.312 million and was recognized as a factor contributing to the increase in ordinary income. However, River Holdings was removed from the scope of the equity method from the current third-quarter consolidated accounting period following a share exchange. - FY2022-Q2First statedAnnual report
「As a result of recognising equity-method investment income and losses associated with リバーホールディングス社 becoming an equity-method affiliate during the six-month period ended the current second quarter, ordinary income was ¥273.779 million, up 1,441.2% year on year, and net income attributable to owners of the parent was ¥220.088 million, up 3,394.8%.」
The company recognized ¥114.401 million in equity-method investment gain or loss in connection with River Holdings Co., Ltd. becoming an equity-method affiliate, and explained this as a factor contributing to increases in ordinary income and net income attributable to owners of the parent.