One-time business restructuring costs related to operations in China
First written in FY2023-Q2. 1 of 3 entries say "Dropped", first in FY2024-Q2. Latest entry: FY2024-Q2.
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- FY2024-Q2DroppedAnnual report
「Other operating expenses decreased by ¥1,651 million year on year because one-time restructuring costs of ¥1,218 million related to the China operations were recorded in the second quarter of the previous fiscal year.」
The China operations restructuring costs were mentioned as a one-time expense recorded in the previous fiscal year, rather than as a new expense for the cumulative second quarter period under review. - FY2023-Q3Increase in China operations restructuring costsAnnual report
「In addition, as ¥1,235 million in one-time restructuring costs related to the China operations was recorded under other operating expenses, operating profit (Note 3) was ¥8,069 million, down 44.4% year on year.」
One-time restructuring costs related to the China operations increased from ¥1,218 million in the same period of the previous year to ¥1,235 million and continued to be recorded as a factor reducing operating profit. - FY2023-Q2First statedAnnual report
「As ¥1,218 million in one-time restructuring costs related to the China operations was recorded under other operating expenses, operating profit (Note 3) was ¥6,479 million, down 21.1% year on year and up 140.0% from the initial plan.」
The company disclosed for the first time in specific terms that ¥1,218 million in one-time restructuring costs related to the China operations was recorded under other operating expenses as a factor affecting operating profit for the quarter.