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Kikkoman (2801) · FactLiquidation gain finalized for the full year

Dissolution and Liquidation of KI NutriCare, Inc.

First written in FY2024-Q2. . Latest entry: FY2024.

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ProgressHeldSoftenedWorseOtherFY2024-Q2 – FY20242023: 120232024: 22024
Same theme, other companies
Recording gains on liquidation of affiliated companiesA theme 32 companies write about · 0 as a headwind · 32 as a tailwind

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  1. FY2024Liquidation gain finalized for the full yearAnnual report

    「As KI NUTRICARE, INC.'s role had ended, the Company decided to dissolve and liquidate it, and completed the decision during the consolidated fiscal year. As a result, a gain of ¥4,205 million from the liquidation of a subsidiary was recognized under “Other income” in the consolidated statement of profit or loss.」

    The completion of the decision to dissolve and liquidate KI NutriCare, Inc. was reported for the full year, and the gain from the liquidation was finalized at ¥4,205 million.
  2. FY2024-Q3Liquidation gain updatedAnnual report

    「As KI NutriCare, Inc.'s role had ended, the Company decided to dissolve and liquidate it, and completed the decision during the six months ended 30 September. As a result, a gain of ¥3,739 million from the liquidation of a subsidiary was recognized under “Other income” in the condensed quarterly consolidated statement of profit or loss.」

    The policy to dissolve and liquidate KI NutriCare, Inc. following the transfer of Country Life, LLC and Allergy Research Group, LLC was restated, and the gain from the liquidation was updated to ¥3,739 million.
  3. FY2024-Q2First statedAnnual report

    「As KI NutriCare, Inc.'s role had ended, the Company decided to dissolve and liquidate it, and completed the decision during the six months ended 30 September. As a result, a gain of ¥4,153 million from the liquidation of a subsidiary was recognized under “Other income” in the condensed quarterly consolidated statement of profit or loss.」

    Following the transfer of Country Life, LLC and Allergy Research Group, LLC, the decision to end the role of holding company KI NutriCare, Inc. and dissolve and liquidate it was completed. A gain of ¥4,153 million from the liquidation of the subsidiary was recognized.
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Dissolution and Liquidation of KI NutriCare, Inc. | KIKKOMAN CORPORATION (2801) | Komori