Impact on Year-on-Year Comparison from Temporary Investment Gains Recognized by an Overseas Equity-Method Affiliate
First written in FY2019-Q3. 4 of 8 entries say "Restated". Latest entry: FY2023-Q2.
No other company in this theme has enough history to compare yet.
- FY2023-Q2RestatedAnnual report
「The main increase in funds was ¥279 million in proceeds from the sale of investment securities and other items.」
The company continues to report cash inflows from the sale of investment securities, confirming the previous fiscal year's progress in selling investment securities and improving asset efficiency. - FY2022AdvancedAnnual report
「As a result of recognizing a gain on the sale of investment securities as an extraordinary gain, net profit attributable to owners of the parent was ¥1,614 million, up 155.3% from the previous fiscal year.」
A gain on sale of ¥402 million was recognized from the sale of investment securities, with the valuation and earnings impact of investment securities, including overseas investments, appearing as an extraordinary gain from the sale. - FY2021RestatedAnnual report
「The Company recognized an impairment loss on shares in the Vietnamese Bach Dang Bridge project operating company as an extraordinary loss, but net profit attributable to owners of the parent was ¥632 million, up 134.0% from the previous fiscal year.」
The company continues to report the recognition of an impairment loss on shares in the Vietnamese Bach Dang Bridge project operating company. - FY2021-Q3RestatedAnnual report
「As a result of recognizing an impairment loss on shares in the Vietnamese Bach Dang Bridge project operating company as an extraordinary loss, quarterly net profit attributable to owners of the parent was ¥267 million, up 154.7% year on year.」
The company continues to report the recognition of an impairment loss on shares in the Vietnamese Bach Dang Bridge project operating company. The consolidated quarterly income statement records an impairment loss on investment securities of ¥210,885 thousand. - FY2021-Q2ReframedAnnual report
「As a result of recognizing an impairment loss on shares in the Vietnamese Bach Dang Bridge project operating company as an extraordinary loss, quarterly net profit attributable to owners of the parent was ¥95 million, down 33.7% year on year.」
The focus has expanded from the year-on-year comparative impact of a one-time investment gain at an overseas equity-method affiliate to the valuation and earnings impact of overseas investments, including the recognition of an impairment loss on shares in the Vietnamese Bach Dang Bridge project operating company as an extraordinary loss. - FY2020ReframedAnnual report
「During the fiscal year, the Company sold part of its shares in Korea SE, formerly an equity-method affiliate, reducing its ownership interest, and excluded the company from the scope of equity-method accounting.」
The focus has expanded from the comparative impact of the prior year's one-time equity-method investment gain to accounting changes, including the partial sale of shares in Korea SE, its exclusion from equity-method accounting, and the transfer to investment securities with an impairment loss recognized. - FY2019RestatedAnnual report
「Ordinary profit and net profit attributable to owners of the parent were affected by the one-time recognition of equity-method investment gains, including the amortization of negative goodwill, at an overseas equity-method affiliate in the previous fiscal year. Ordinary profit increased 2.6% from the previous fiscal year to ¥1,079 million, while net profit attributable to owners of the parent increased 2.9% to ¥699 million.」
The company continues to explain that the one-time investment gain at an overseas equity-method affiliate in the previous fiscal year affected the year-on-year comparison for the current fiscal year. - FY2019-Q3First statedAnnual report
「Ordinary profit and quarterly net profit attributable to owners of the parent were affected by the one-time recognition of equity-method investment gains, including the amortization of negative goodwill, at an overseas equity-method affiliate in the nine months ended the third quarter of the previous fiscal year. As a result, ordinary profit was ¥601 million, down 6.1% year on year, and quarterly net profit attributable to owners of the parent was ¥334 million, down 15.3%.」
The company explains that the one-time investment gain at an overseas equity-method affiliate recognized in the nine months ended the third quarter of the previous fiscal year was one factor behind the year-on-year declines in ordinary profit and quarterly net profit attributable to owners of the parent in the nine months ended the third quarter.