Accounting for COVID-19-Related Subsidies and Losses from Store Closures
First written in FY2021-Q2. . Latest entry: FY2023-Q3.
1 other company's latest entry also says "Other".
- FY2023-Q3Subsidies recognized in the third quarter; no store closure lossesAnnual report
「The Company has recognized employment adjustment subsidies, payments for cooperating with requests to close stores and other subsidies related to COVID-19.」
During the nine-month period, the Company recorded ¥2.445 million in subsidy income and did not record the ¥9.801 million in store closure losses recognized in the same period of the previous year. - FY2023-Q2Second-quarter subsidy recognized; no store closure lossesAnnual report
「The Company has recognized employment adjustment subsidies, payments for cooperating with requests to close stores and other subsidies related to COVID-19.」
During the six-month period, the Company recorded ¥2.445 million in subsidy income and did not record the ¥9.801 million in store closure losses recognized in the same period of the previous year. - FY2023-Q1First-quarter subsidy recognized; no store closure lossesAnnual report
「The Company has recognized subsidies and other payments for cooperating with requests to close stores in connection with COVID-19.」
In the first quarter, the Company recorded ¥945 thousand in subsidy income and did not record the ¥9.533 million in store closure losses recognized in the same period of the previous year. - FY2022Updated the full-year amount recognizedAnnual report
「The Company recorded ¥13.292 million, including ¥10.569 million in subsidy income, as extraordinary income, down 50.4% from the previous consolidated fiscal year, and ¥9.801 million in store closure losses as extraordinary losses, down 67.3% year on year,」
The Company recorded ¥10.569 million in COVID-19-related subsidy income and ¥9.801 million in store closure losses for the full year. - FY2022-Q3Update to the amount recorded for the third quarterAnnual report
「The Company has recognized employment adjustment subsidies and other subsidies related to COVID-19. Fixed costs, including personnel expenses and depreciation, incurred during the temporary closure of stores due to the spread of COVID-19 have been recorded as store closure losses under extraordinary losses.」
During the nine-month period, the Company recorded ¥10.362 million in subsidy income and ¥9.801 million in store closure losses. - FY2022-Q2Update to second-quarter recognized amountsAnnual report
「The Company has recognized employment adjustment subsidies and other subsidies related to COVID-19. Fixed costs, including personnel expenses and depreciation, incurred during the temporary closure of stores due to the spread of COVID-19 have been recorded as store closure losses under extraordinary losses.」
During the six-month period, the Company recorded ¥9.400 million in subsidy income and ¥9.801 million in store closure losses. - FY2022-Q1Update to first-quarter recognized amountsAnnual report
「Store closure losses 9,533」
Fixed costs incurred during the closure of stores due to COVID-19 were recorded as ¥9.533 million in store closure losses under extraordinary losses in the first quarter. - FY2021Updated the full-year amount recognizedAnnual report
「The Company recorded ¥30.012 million, including ¥26.817 million in subsidy income, as extraordinary income, and ¥29.597 million in store closure losses as extraordinary losses, an increase of 65.6% from the previous consolidated fiscal year.」
The Company recorded ¥26.817 million in COVID-19-related employment adjustment subsidies and other subsidies and ¥29.597 million in store closure losses in its full-year results. - FY2021-Q3Updated recognized amountAnnual report
「The Company has recognized employment adjustment subsidies and other subsidies related to COVID-19. Fixed costs, including personnel expenses and depreciation, incurred during the temporary closure of stores due to the spread of COVID-19 have been recorded as store closure losses under extraordinary losses.」
The Company recorded ¥26.817 million in employment adjustment subsidies and other subsidies related to COVID-19 and ¥29.597 million in store closure losses as extraordinary income and extraordinary losses, respectively, for the nine-month period. - FY2021-Q2First statedAnnual report
「The Company has recognized employment adjustment subsidies and other subsidies related to COVID-19. Fixed costs, including personnel expenses and depreciation, incurred during the temporary closure of stores due to the spread of COVID-19 have been recorded as store closure losses under extraordinary losses.」
The Company recorded ¥26.404 million in employment adjustment subsidies and other subsidies related to COVID-19 as extraordinary income, and ¥29.597 million in fixed costs incurred during store closures as store closure losses under extraordinary losses.