Recognition of a loss on debt forgiveness in connection with the dissolution of the Beijing joint venture
First written in FY2019-Q2. . Latest entry: FY2019.
No other company in this theme has enough history to compare yet.
- FY2019Full-year recognition of liquidation-related lossesAnnual report
「As extraordinary losses, the company recognised losses on the waiver of receivables, losses on the liquidation of affiliates, losses on the closure of locations, inventory valuation losses and impairment losses associated with the liquidation of an overseas subsidiary and other events.」
In connection with the liquidation of an overseas subsidiary and other matters, the company recorded multiple extraordinary losses for the full fiscal year, including a ¥27,702 thousand loss on debt forgiveness and a ¥10,606 thousand loss on the liquidation of an affiliated company. - FY2019-Q3Additional recognition of liquidation-related lossesAnnual report
「As extraordinary losses, the company recognised losses on the waiver of receivables, losses on the liquidation of affiliates, losses on the closure of locations, inventory valuation losses and impairment losses associated with the liquidation of an overseas subsidiary and other events.」
In connection with the liquidation of an overseas subsidiary and other matters, the company recorded multiple liquidation- and restructuring-related losses, including a ¥22,762 thousand loss on debt forgiveness and a ¥10,630 thousand loss on the liquidation of an affiliated company. - FY2019-Q2First statedAnnual report
「The company recorded a loss on debt forgiveness arising from the dissolution of a joint venture of an overseas subsidiary as an extraordinary loss.」
Following the dissolution of the joint venture of Beijing Fuyuan, the company recorded a loss on debt forgiveness, presented as an extraordinary loss of ¥16,532 thousand in the quarterly consolidated statement of income.