Impact of progress in business restructuring on financial condition and results of operations
First written in FY2020. 15 of 21 entries say "Materialised", first in FY2021-Q2. Latest entry: 2026-10-22.
Omikenshi moved to the "Worse" side of this theme in 2021, 3 years after the typical company in this theme (2018).
The whole theme swung hardest in 2017: 5 of 13 companies on the "Worse" side.
6 other companies' latest entry also says "Materialised".
- 2026-10-22MaterialisedOccurring Fact
「2027 年３月期第 1 四半期連結累計期間において、事業再構築策の推進に伴う費用(化粧品事業の一部撤退損)28 百万円を特別損失に計上いたしました。」
事業再構築の進行に伴う費用が、化粧品事業の一部撤退損として当第1四半期の特別損失に具体化した。 - FY2026MaterialisedAnnual report
「The Group has reported negative operating cash flow consecutively. This is because payments for substantial losses on business exits associated with the business restructuring and the withdrawal from the food business have been made, but」
As the business restructuring and withdrawal from the food business progressed, operating cash flow was negative ¥298 million, while a loss on business exits of ¥364 million and payments of ¥328 million for such losses affected the actual financial position and results of operations. - FY2026-H1MaterialisedAnnual report
「Although it is difficult to calculate the full amount of losses associated with this business exit at present, the Company estimates losses from the termination of leases and other items for which the amount can be determined with relatively high certainty at approximately ¥134 million, and recognized a provision for business restructuring losses in the six-month consolidated accounting period.」
Losses associated with the withdrawal from the food business became more concrete, and a provision for business restructuring losses of approximately ¥134 million was recognized for losses on the termination of leases and other items. - FY2025MitigatedAnnual report
「The business exit phase is almost complete, and payments for business exit losses are expected to decline from the following consolidated fiscal year.」
Payments for exit losses associated with the business restructuring are still being made, but the exit phase is almost complete and payments are expected to decline from the following fiscal year onward. - FY2025-H1Exit losses narrowed, but impairment losses continuedAnnual report
「Due in part to the recognition of a ¥1,251 million gain on the sale of fixed assets, a ¥385 million impairment loss and a ¥280 million business exit loss, interim net income attributable to owners of the parent was ¥460 million (compared with an interim net loss attributable to owners of the parent of ¥1,040 million in the same period of the previous year).」
The loss on business exits associated with the business restructuring narrowed from ¥1,025 million in the previous year to ¥280 million, but the ¥385 million impairment loss on former factory sites and other assets at facilities whose operations had been discontinued continued. The impact of the restructuring on the financial position and results of operations remained. - FY2024-Q3WorsenedAnnual report
「Including the recognition of a loss on business exits of ¥1,299 million, among other items, the Company reported a quarterly net loss attributable to owners of the parent of ¥1,306 million, compared with a quarterly net loss attributable to owners of the parent of ¥710 million in the same quarter of the previous year.」
As the business restructuring progressed, the Company recognized a loss on business exits of ¥1,299 million, and the quarterly net loss attributable to owners of the parent increased from ¥710 million in the previous year to ¥1,306 million. - FY2024-Q2WorsenedAnnual report
「Due in part to the recognition of a business exit loss of ¥1,025 million, net loss for the quarter attributable to owners of the parent was ¥1,040 million (compared with a net loss for the quarter attributable to owners of the parent of ¥562 million in the same quarter of the previous year).」
As the business restructuring progressed, the Company recognized a loss on business exits of ¥1,025 million, and the quarterly net loss attributable to owners of the parent increased from ¥562 million in the previous year to ¥1,040 million. - FY2024-Q1MaterialisedAnnual report
「The Company continues to work to improve profitability in each segment through the implementation of the business restructuring measures resolved by the Board of Directors on 13 May 2020. As a result, for the three months ended 30 June of the current fiscal year, the Group reported revenue of ¥637 million, down 25.7% year on year, an operating loss of ¥106 million, compared with operating profit of ¥39 million in the same quarter of the previous year, an ordinary loss of ¥65 million, compared with ordinary profit of ¥260 million, and a net loss attributable to owners of the parent of ¥284 million, compared with net profit attributable to owners of the parent of ¥180 million.」
While the business restructuring measures continued, the Company recorded an operating loss of ¥106 million, an ordinary loss of ¥65 million and a quarterly net loss attributable to owners of the parent of ¥284 million. - FY2023MaterialisedAnnual report
「Including the recognition of an impairment loss of ¥791 million, a loss on business exits of ¥778 million and an income taxes adjustment of ¥447 million, among other items, the net loss attributable to owners of the parent for the fiscal year was ¥1,114 million」
As the business restructuring progressed, an impairment loss of ¥791 million and a loss on business exits of ¥778 million, among other items, were recognized, with the impact on the financial position and results of operations reflected in the full-year loss. - FY2023-Q3MaterialisedAnnual report
「Impairment losses not allocated to reportable segments, totaling ¥768 million, related to former factory sites where operations had ceased and other assets. Of this amount, ¥765 million related to land sold in October 2022.」
As the business restructuring progressed, an impairment loss of ¥768 million was recognized on former factory sites and other assets at facilities whose operations had been discontinued, of which ¥765 million related to land sold in October 2022. - FY2023-Q2MaterialisedAnnual report
「Of the impairment loss not allocated to reportable segments, amounting to ¥766 million, ¥765 million related to land planned for sale, while the remainder related to former factory sites and other assets at facilities whose operations had been discontinued.」
As the business restructuring progressed, an impairment loss of ¥766 million was recognized on former factory sites and other assets at facilities whose operations had been discontinued, of which ¥765 million related to land planned for sale. - FY2022-Q3MaterialisedAnnual report
「Including the recognition of a gain on the sale of non-current assets of ¥489 million, a loss on business exits of ¥708 million and an income taxes adjustment of ¥695 million, among other items, the net loss attributable to owners of the parent was ¥1,029 million」
As the business restructuring progressed, a loss on business exits of ¥708 million, an impairment loss of ¥97 million and an income taxes adjustment of ¥695 million, among other items, were recognized, with the impact on the financial position and results of operations reflected in actual profit and loss. - FY2022-Q2MaterialisedAnnual report
「Profit before income taxes was ¥62 million. There was a loss on business exits of ¥425 million and an impairment loss of ¥96 million, among other items, but」
As the business restructuring progressed, a loss on business exits of ¥425 million and an impairment loss of ¥96 million were recognized, with the impact on the financial position and results of operations reflected in the actual accounting treatment. - FY2022-Q1MaterialisedAnnual report
「Factors having a material impact on the Group's results of operations include impairment losses and losses on business exits associated with the promotion of the business restructuring measures, among others.」
The impact of the business restructuring continued, and in the first quarter the Company recognized an impairment loss of ¥51 million and a loss on business exits of ¥156 million. - FY2021MaterialisedAnnual report
「Factors having a material impact on the Group's results of operations include the recognition of gains on the sale of non-current assets, impairment losses, losses on business exits and foreign exchange losses, among others.」
As the business restructuring progressed, an impairment loss of ¥2,104 million, a loss on business exits of ¥1,005 million, and reversals and additions to the provision for business structure improvement, among other items, were recognized, affecting the financial position and results of operations. - FY2021-Q3MaterialisedAnnual report
「There were no material changes during the nine months ended 31 December of the current fiscal year in significant accounting estimates or the assumptions used in those estimates. However, in the course of advancing the business restructuring measures, the Company reversed provisions for business structure improvement and liabilities related to retirement benefits, among others.」
As the business restructuring progressed, provisions for business structure improvement and liabilities related to retirement benefits were reversed, with the impact on the financial position and results of operations reflected in the accounting treatment. - FY2021-Q2MaterialisedAnnual report
「The Company recognized an additional provision for business structure improvement.」
As the business restructuring progressed, an additional provision for business structure improvement was recognized, with the impact of the restructuring on the financial position and results of operations reflected in the accounting treatment. - FY2021-Q1RestatedAnnual report
「Factors with a material impact on the performance of the group include foreign exchange losses at the consolidated subsidiary in Brazil and the implementation of the business restructuring plan.」
The promotion of the business restructuring measures continues to be identified as a factor having a material impact on results of operations. No material changes from the previous fiscal year have been identified regarding business and other risks. - FY2020First statedAnnual report
「The Group is undertaking business restructuring centered on withdrawing from unprofitable segments. Depending on the progress of the restructuring and other factors, this may affect its financial position and results of operations.」
The progress of the business restructuring was first explicitly identified as a risk that could affect the financial position and results of operations. In the fiscal year ended March 2020, the Company recognized a ¥1,800 million provision for business structure improvement.