Curbing Cash Outflows Through Public Support and Tax Payment Deferrals
First written in FY2021-Q2. 9 of 11 entries say "Advanced", first in FY2021-Q3. Latest entry: FY2024.
3 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「Amount of subsidies received 11,333」
As public support, the Company received ¥11.333 million in subsidies during the fiscal year and accounted for them in conjunction with the reduction of fixed assets. - FY2024-Q3ReframedAnnual report
「The Company recognizes as subsidy income under non-operating income subsidies and other payments received for its cooperation, pursuant to the rules governing subsidies and other payments for municipal programs to attract large commercial facilities.」
The nature of public support changed from subsidies and employment adjustment subsidies related to cooperation with infectious disease countermeasures to subsidies and other payments for programs to attract large commercial facilities. - FY2023-Q2AdvancedAnnual report
「As a result, operating loss was ¥309.147 million, but the loss was reduced by recording ¥127.574 million in government subsidies for cooperation with measures to combat COVID-19 as non-operating income, resulting in an ordinary loss of ¥181.338 million. We also recorded ¥34.155 million in employment adjustment subsidies applied for to offset leave allowances incurred due to restaurant closures as special gains.」
To curb cash outflows during the infectious disease pandemic, the Company recognized ¥127.574 million in public subsidies and ¥34.155 million in employment adjustment subsidies for the cumulative period through the second quarter. - FY2023-Q1AdvancedAnnual report
「The loss was reduced by recording ¥127.574 million in government subsidies for cooperation with measures to combat COVID-19 as non-operating income, resulting in ordinary income of ¥0.800 million. We also recorded ¥34.155 million in employment adjustment subsidies applied for to offset leave allowances incurred due to restaurant closures as special gains.」
As measures to contain cash outflows during the pandemic, the company recorded ¥127.574 million in government subsidies and ¥34.155 million in employment adjustment subsidies during the quarter. - FY2022AdvancedAnnual report
「We recorded ¥306.996 million in special losses for leave allowances incurred due to restaurant closures and ¥254.079 million in special gains for employment adjustment subsidies applied for to offset those losses.」
The use of public support was reflected in full-year results, with ¥306.996 million in leave allowances and ¥254.079 million in employment adjustment subsidies recorded. In addition, ¥828.107 million in government subsidies was recorded as non-operating income. - FY2022-Q3AdvancedAnnual report
「We recorded ¥190.904 million in special losses for leave allowances incurred due to restaurant closures and ¥193.058 million in special gains for employment adjustment subsidies applied for to offset those losses.」
Against ¥190.904 million in leave allowances, the company recorded ¥193.058 million in employment adjustment subsidies. The use of public support during the pandemic progressed with specific amounts reported. - FY2022-Q2AdvancedAnnual report
「Operating loss was ¥758.002 million, but the loss was reduced by recording ¥560.661 million in government subsidies for cooperation with measures to combat COVID-19 as non-operating income, resulting in an ordinary loss of ¥191.501 million. We also recorded ¥190.344 million in special losses for leave allowances incurred due to restaurant closures and ¥99.552 million in special gains for employment adjustment subsidies applied for to offset those losses.」
As measures to contain cash outflows during the pandemic, the company recorded ¥560.661 million in government subsidies and ¥99.552 million in employment adjustment subsidies, which were used to offset ¥190.344 million in leave allowances. - FY2022-Q1AdvancedAnnual report
「We recorded ¥62.283 million in special losses for leave allowances incurred due to restaurant closures and ¥81.633 million in special gains for employment adjustment subsidies applied for to offset those losses.」
Against ¥62.283 million in leave allowances incurred due to restaurant closures, the company recorded ¥81.633 million in employment adjustment subsidies. The use of public support was reported as a specific first-quarter result. - FY2021AdvancedAnnual report
「Although we worked to contain cash outflows by reducing expenses through shorter operating hours, deferring payments of social insurance premiums and consumption tax, and using employment adjustment subsidies, we ultimately recorded a substantial pretax net loss for the period in the challenging operating environment, resulting in a significant decline in cash flow from operating activities.」
For the full year, the company recorded ¥267.495 million in leave allowances and received ¥205.591 million in employment adjustment subsidies, demonstrating actual results from containing cash outflows through public support and tax payment deferrals. - FY2021-Q3AdvancedAnnual report
「We recorded ¥147.060 million in special losses for leave allowances incurred due to restaurant closures and ¥143.781 million in special gains for employment adjustment subsidies applied for to offset those losses.」
Against ¥147.060 million in leave allowances incurred due to restaurant closures, the company recorded ¥143.781 million in employment adjustment subsidies. The use of public support was reported as an actual result with specific amounts. - FY2021-Q2First statedAnnual report
「Although we worked to contain cash outflows by reducing expenses through shorter operating hours, deferring payments of social insurance premiums and consumption tax, and using employment adjustment subsidies, we ultimately recorded a substantial pretax quarterly net loss in the challenging operating environment, resulting in a significant decline in cash flow from operating activities.」
The company newly disclosed that it was combining expense reductions from shorter operating hours, deferrals of social insurance premiums and consumption tax payments, and the use of employment adjustment subsidies to contain cash outflows during the pandemic.