Gain on Reclassification of Foreign Currency Translation Differences Following Completion of Liquidation of European and U.S. Gaming Subsidiaries
First written in FY2018-Q3. 2 of 3 entries say "Cited as achieved", first in FY2019-Q3. Latest entry: FY2019.
1 other company's latest entry also says "Cited as achieved".
- FY2019Cited as achievedAnnual report
「In the previous fiscal year, following completion of the liquidation procedures for the Group's former overseas subsidiaries DeNA Global, Inc. and ngmoco, LLC, the foreign currency translation differences accumulated over the years in relation to these subsidiaries were reclassified from equity to profit or loss in accordance with accounting standards. As a result, ¥10,656 million was recognized in other income.」
The ¥10,656 million gain on reclassification of foreign currency translation differences following completion of the liquidation of the Western and U.S. gaming subsidiaries is cited as an exceptional factor in the full-year comparison. - FY2019-Q3Cited as achievedAnnual report
「In the nine months ended 31 December of the previous fiscal year, following completion of the liquidation procedures for the Group's former overseas subsidiaries DeNA Global, Inc. and ngmoco, LLC, the cumulative foreign currency translation differences relating to these subsidiaries, which had accumulated in other components of equity within equity in the consolidated statement of financial position, were reclassified from equity to profit or loss. As a result, ¥10,656 million was recognized in other income.」
The ¥10,656 million gain on reclassification of foreign currency translation differences following completion of the liquidation of the Western and U.S. gaming subsidiaries is cited as an exceptional factor in the year-on-year performance comparison. - FY2018-Q3First statedAnnual report
「In other income, following completion of the liquidation procedures for the Group's overseas subsidiaries DeNA Global, Inc. and ngmoco, LLC, the cumulative foreign currency translation differences relating to these subsidiaries, which had accumulated in other components of equity within equity in the consolidated statement of financial position, were reclassified from equity to profit or loss. As a result, ¥10,656 million was recognized during the nine months ended 31 December of the current fiscal year.」
Following completion of the liquidation procedures for the Western and U.S. gaming subsidiaries, cumulative foreign currency translation differences were reclassified from equity to profit or loss, and ¥10,656 million was recognized as other income.