Sds Holdings (1711) · FactProvision for contingent losses eliminated
Recognition of a Provision for Contingent Losses
First written in FY2021. 1 of 3 entries say "Restated". Latest entry: FY2022.
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Recognition and Release of Provision for Contingent LossesA theme 2 companies write about · 1 as a headwind · 0 as a tailwind
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- FY2022Provision for contingent losses eliminatedAnnual report
「Change in provision for contingent losses (△ indicates a decrease) △73,000」
The provision for contingent losses, recorded at ¥73 million at the end of the previous consolidated fiscal year, was zero at the end of the current fiscal year. - FY2022-Q3RestatedAnnual report
「Provision for contingent losses 73,000」
The company continues to record a provision for contingent losses of ¥73 million. - FY2021First statedAnnual report
「Provision for contingent losses: ¥73.000 million」
The Company recognized a ¥73 million provision for contingent losses for projects with a risk of losses due to delays in progress. It disclosed that the provision and related charges or reversals could materially affect the following fiscal year.