Stabilizing operations in the Hong Kong food and beverage business
First written in FY2017-Q1. 2 of 5 entries say "Restated". Latest entry: FY2018-Q3.
No other company in this theme has enough history to compare yet.
- FY2018-Q3DroppedAnnual report
「Gendai R1 Ltd., which had previously been conducting tests of the restaurant business in Hong Kong, sold all of its shares to an entity outside the Group during the nine-month period ended 31 December of the current fiscal year and was excluded from the scope of consolidation.」
All shares of Gendai R1 Ltd., which operated the Hong Kong restaurant business, were sold and the company was excluded from the scope of consolidation, so the previous theme concerning operation of the Hong Kong restaurant business was no longer included. - FY2017WorsenedAnnual report
「During the consolidated fiscal year, operating income from the Other business segment, comprising the overseas restaurant business, remained negative. Accordingly, the carrying amount of the asset group associated with the segment was reduced to its recoverable amount, and the resulting ¥20 million reduction was recognised as an impairment loss under extraordinary losses.」
While the report describes the stabilisation of operations, operating income from the overseas restaurant business remained negative, resulting in recognition of a ¥20 million impairment loss. - FY2017-Q3RestatedAnnual report
「The Hong Kong restaurant business operated by consolidated subsidiary Gendai R1 Ltd. has gradually stabilised. As a result, revenue was ¥57 million, down 6.5% year on year, while the segment loss was ¥13 million, compared with a ¥16 million loss in the same period of the previous year.」
The report continues to describe the stabilisation of the Hong Kong restaurant business and the narrowing of the loss from the previous year. - FY2017-Q2RestatedAnnual report
「The Hong Kong restaurant business operated by consolidated subsidiary Gendai R1 Ltd. has gradually stabilised. As a result, revenue was ¥40 million, up 9.3% year on year, while the segment loss was ¥6 million, compared with a ¥12 million loss in the same period of the previous year.」
The report continues to describe the stabilisation of the Hong Kong restaurant business, along with higher revenue and a narrower loss year on year. - FY2017-Q1First statedAnnual report
「The Hong Kong restaurant business operated by consolidated subsidiary Gendai R1 Ltd. has gradually stabilised. As a result, revenue was ¥24 million, up 45.7% year on year, while the segment loss was ¥1 million, compared with a ¥7 million loss in the same period of the previous year.」
The report states that operations in the Hong Kong restaurant business gradually stabilised and the loss narrowed.