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FaithNetwork (3489) · FactShareholder benefit disclosures and recognition of a provision coexist

Shareholder benefit program

First written in FY2019. 2 of 11 entries say "Reframed", first in FY2021. Latest entry: FY2023.

11entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2019 – FY2021-Q3OtherFY2022-Q2 – FY2022-Q3OtherFY2023-Q2 – FY20232019: 120192020: 220202021: 320212022: 320222023: 22023
Same theme, other companies
QUO Card and Company Gift Certificate-Based Shareholder BenefitsA theme 121 companies write about · 0 as a headwind · 121 as a tailwind

The whole theme swung hardest in 2023: 4 of 34 companies on the "Worse" side.

4 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 121 companies compared. The sentences above are computed from all 121.
Full recordFilings, disclosures and news, newest first
  1. FY2023Shareholder benefit disclosures and recognition of a provision coexistAnnual report

    「Benefits for shareholders: None」

    The company states in its shareholder administration overview that there are no shareholder benefits, while recording a ¥3.09 million change in the provision for shareholder benefits in its cash flow statement.
  2. FY2023-Q3Decrease in the shareholder benefit provision balanceAnnual report

    「Provision for shareholder benefits 4,642 15,037」

    The provision for shareholder benefits increased from ¥4.642 million at the end of the previous fiscal year to ¥15.037 million at the end of the third-quarter accounting period, down from ¥36.3 million at the end of the previous year's second-quarter accounting period.
  3. FY2023-Q2Provision for shareholder benefits balance increasedAnnual report

    「Provision for shareholder benefits 4,642 36,300」

    The provision for shareholder benefits increased from ¥4.642 million at the end of the previous fiscal year to ¥36.3 million at the end of the second-quarter accounting period.
  4. FY2022Reorganized into two shareholder benefit programsAnnual report

    「Shareholder benefit program 1. Amazon gift card (email type) 2. Face Network Premium Benefits Club」

    The program has changed from the previous QUO card and benefit points programs to two programs: Amazon gift cards for shareholders holding 200 shares or more, and the Premium Benefits Club for shareholders holding 300 shares or more with a continuous holding period of at least 6 months.
  5. FY2022-Q3Decrease in the shareholder benefit provision balanceAnnual report

    「Provision for shareholder benefits 2,700 15,084」

    The provision for shareholder benefits increased from ¥2.7 million at the end of the previous fiscal year to ¥15.084 million at the end of the third-quarter accounting period, down from ¥35.498 million at the end of the previous year's second-quarter accounting period.
  6. FY2022-Q2Provision for shareholder benefits balance increasedAnnual report

    「Provision for shareholder benefits 2,700 35,498」

    The provision for shareholder benefits increased from ¥2.7 million at the end of the previous fiscal year to ¥35.498 million at the end of the second-quarter accounting period.
  7. FY2021ReframedAnnual report

    「The program covers shareholders who hold 3 trading units (300 shares) or more of the company's stock and are listed or recorded in the shareholder registry as of 30 September. Subject to a continuous holding period of at least 6 months, it covers shareholders who hold 3 trading units (300 shares) or more of the company's stock and are listed or recorded in the shareholder registry under the same shareholder number on both 31 March and 30 September on at least 2 consecutive occasions.」

    The program has changed from the previous system offering a ¥3,000 QUO card to shareholders holding 100 shares or more to a shareholder benefit points program requiring holdings of 300 shares or more and a continuous holding period.
  8. FY2021-Q3Update to the balance of the provision for shareholder benefitsAnnual report

    「Provision for shareholder benefits - 5,476」

    At the end of the third-quarter accounting period, the company recognized a provision for shareholder benefits of ¥5.476 million on its balance sheet.
  9. FY2021-Q2Recognition of provision for shareholder benefitsAnnual report

    「Provision for shareholder benefits - 18,135」

    At the end of the second-quarter accounting period, the company recognized a provision for shareholder benefits of ¥18.135 million on its balance sheet and recorded an equal amount as an expense under selling, general and administrative expenses.
  10. FY2020RestatedAnnual report

    「The company will give shareholders holding 100 shares or more of its stock (one trading unit) a QUO card worth ¥3,000.」

    The company continues to disclose the provision of ¥3,000 QUO cards to shareholders holding 100 shares or more.
  11. FY2019First statedAnnual report

    「The company will give shareholders who are recorded in the shareholder registry as of 31 March each year and hold 100 shares or more of the company's stock (one trading unit) a QUO card worth ¥3,000.」

    The company describes a shareholder benefit program offering a ¥3,000 QUO card to shareholders holding 100 shares or more.
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Shareholder benefit program | FaithNetwork Co.,Ltd (3489) | Komori