¥200 Million Founder Recognition Payment Recorded as an Extraordinary Loss
First written in FY2018-Q2. 1 of 2 entries say "Restated". Latest entry: FY2018-Q3.
5 other companies' latest entry also says "Restated".
- FY2018-Q3RestatedAnnual report
「The company recognized ¥200 million in a founder’s service award and ¥23 million in losses on the retirement of fixed assets as extraordinary losses. As total income taxes and other taxes amounted to ¥124 million, quarterly net income attributable to owners of the parent was ¥68 million, down 64.7% year on year.」
The company again disclosed the recognition of extraordinary losses including a ¥200 million founder’s service award, and quarterly net income attributable to owners of the parent fell 64.7% year on year. - FY2018-Q2First statedAnnual report
「The company recognized ¥200 million in a founder’s service award and ¥22 million in losses on the retirement of fixed assets as extraordinary losses. As total income taxes and other taxes amounted to ¥52 million, quarterly net loss attributable to owners of the parent was ¥48 million, compared with quarterly net income attributable to owners of the parent of ¥29 million in the same period of the previous year.」
The company recognized extraordinary losses including a ¥200 million founder’s service award, causing quarterly earnings attributable to owners of the parent to turn from a profit in the same period of the previous year to a loss.