Employment Adjustment Subsidies in Response to COVID-19
First written in FY2021-Q2. 1 of 16 entries say "Materialised", first in FY2023. Latest entry: FY2025.
The whole theme swung hardest in 2025: 2 of 6 companies on the "Worse" side.
24 other companies' latest entry also says "Other".
- FY2025¥15 million in administrative fines recordedAnnual report
「Although a gain on the sale of property, plant and equipment of ¥46.998 million was recorded as an extraordinary gain, impairment losses of ¥98.756 million and a surcharge of ¥15 million were recorded as extraordinary losses, among other items, resulting in」
In addition to the previously disclosed penalties, late-payment charges and investigation expenses related to employment adjustment subsidies, a surcharge of ¥15 million was recorded as an extraordinary loss for the current fiscal year. - FY2024Reversal of the accrued amount payable for the subsidy repaymentAnnual report
「Operating cash flow was negative ¥287.221 million due to the reversal of ¥484.364 million in employment adjustment subsidies payable that had been recorded in the previous fiscal year.」
The accounting impact of reversing ¥484.364 million in employment adjustment subsidies payable recorded in the previous fiscal year was disclosed. - FY2024-Q3RestatedAnnual report
「The investigation costs incurred by the Special Investigation Committee and the costs required to correct prior-year financial statements have been recorded as an extraordinary loss under “expenses related to correcting prior-year financial statements and other items.”」
¥42.292 million was also recorded as an extraordinary loss for the cumulative third quarter as investigation-related expenses concerning the application for employment adjustment subsidies and expenses related to correcting prior-year financial statements, among other items. No change in the amount recorded from the cumulative second quarter was disclosed. - FY2024-Q2¥42.292 million recorded for the cumulative second quarterAnnual report
「Doubts arose concerning the contents of our applications for employment adjustment subsidies, and an internal investigation found inappropriate content in the applications. We therefore established a special investigation committee and have conducted an investigation. The investigation costs incurred by the special investigation committee and the costs required to correct prior-year financial results have been recorded as extraordinary losses under “Costs related to correction of prior-year financial results and other costs.”」
¥42.292 million was recorded as an extraordinary loss for the cumulative second quarter as investigation-related expenses concerning the application for employment adjustment subsidies and expenses related to correcting prior-year financial statements, among other items. - FY2024-Q1Investigation and correction costs recordedAnnual report
「Doubts arose concerning the contents of our applications for employment adjustment subsidies, and an internal investigation found inappropriate content in the applications. We therefore established a special investigation committee and have conducted an investigation. The investigation costs incurred by the special investigation committee and the costs required to correct prior-year financial results have been recorded as extraordinary losses under “Costs related to correction of prior-year financial results and other costs.”」
We recorded ¥42.102 million in costs related to investigating the contents of applications for employment adjustment subsidies and correcting prior-year financial results as an extraordinary loss. The accounting impact of the investigation and correction costs related to the previously disclosed fraudulent receipt issue has been newly presented. - FY2023MaterialisedAnnual report
「As we recorded ¥96.573 million in penalties and delinquency charges related to the fraudulent receipt of employment adjustment subsidies and ¥26.539 million in impairment losses as extraordinary losses, among other items, the net loss was ¥169.780 million, down from the previous fiscal year's net loss of ¥784.151 million.」
The disclosure has shifted from the previous description of receiving and recording employment adjustment subsidies to the actual event of recording ¥96.573 million in penalties and delinquency charges related to fraudulent receipt as an extraordinary loss. - FY2023-Q3Decrease in the amount recorded for the nine months ended in the third quarter year on yearAnnual report
「We recorded ¥115.404 million in employment adjustment subsidies in non-operating income in connection with store closures and reduced operating hours implemented as measures against COVID-19.」
The amount of employment adjustment subsidies recorded for the nine months ended in the third quarter was ¥115.404 million, down from ¥132.514 million in the same period of the previous year. - FY2023-Q2Decrease in the amount recorded for the six months ended in the second quarter year on yearAnnual report
「As we recorded ¥74.526 million in employment adjustment subsidies in non-operating income in connection with store closures and reduced operating hours implemented as measures against COVID-19,」
The amount of employment adjustment subsidies related to measures against COVID-19 recorded for the six months ended in the second quarter was ¥74.526 million, down from ¥83.776 million in the same period of the previous year. - FY2023-Q1Decrease in the amount recorded in the first quarterAnnual report
「As we recorded ¥37.131 million in employment adjustment subsidies in non-operating income in connection with store closures and reduced operating hours implemented as measures against COVID-19,」
The amount of employment adjustment subsidies recorded in the first quarter was ¥37.131 million, down from ¥40.666 million in the same quarter of the previous year. - FY2022Full-year amount recognized increasedAnnual report
「We recorded ¥171.481 million in employment adjustment subsidies in non-operating income in connection with store closures and reduced operating hours implemented as measures against COVID-19.」
The amount of employment adjustment subsidies recorded increased from ¥113.951 million in the previous fiscal year to ¥171.481 million in the current fiscal year. - FY2022-Q3¥132.514 million recorded for the nine months ended in the third quarterAnnual report
「We recorded ¥132.514 million in employment adjustment subsidies in non-operating income in connection with store closures and reduced operating hours implemented as measures against COVID-19.」
The amount of employment adjustment subsidies recorded increased from ¥83.776 million for the previous nine-month period to ¥132.514 million for the nine months ended in the third quarter. - FY2022-Q2¥83.776 million recorded for the six months ended in the second quarterAnnual report
「We recorded ¥83.776 million in employment adjustment subsidies in non-operating income in connection with store closures and reduced operating hours implemented as measures against COVID-19.」
The amount of employment adjustment subsidies recorded increased from ¥40.666 million in the first quarter to ¥83.776 million for the six months ended in the second quarter. - FY2022-Q1¥40.666 million recorded in the first quarterAnnual report
「As we recorded ¥40.666 million in employment adjustment subsidies in non-operating income in connection with store closures and reduced operating hours implemented as measures against COVID-19,」
We recorded ¥40.666 million in employment adjustment subsidies for the cumulative first-quarter period in connection with store closures and reduced operating hours related to measures against COVID-19. - FY2021Increase in the amount recordedAnnual report
「¥113.951 million in employment adjustment subsidies related to store closures and reduced operating hours implemented as measures against COVID-19 was recorded in non-operating income.」
The amount of employment adjustment subsidies recorded increased from ¥73.337 million for the nine-month period ended in the third quarter to ¥113.951 million for the full year. - FY2021-Q3Increase in the amount recordedAnnual report
「¥73.337 million in employment adjustment subsidies related to store closures and reduced operating hours implemented as measures against COVID-19 was recorded in non-operating income.」
The amount of employment adjustment subsidies recorded increased from ¥29.605 million in the previous quarter to ¥73.337 million for the nine-month period ended in the third quarter. - FY2021-Q2First statedAnnual report
「We recorded ¥29.605 million in employment adjustment subsidies in non-operating income in connection with store closures and reduced operating hours implemented as measures against COVID-19.」
We disclosed for the first time that ¥29.605 million in employment adjustment subsidies related to store closures and reduced operating hours was recorded as non-operating income.