Extraordinary Losses Associated with Reduction in Production Scale at U.S. Subsidiary
First written in FY2017-Q2. 2 of 12 entries say "Restated". Latest entry: FY2024.
1 other company's latest entry also says "Other".
- FY2024Reversal of gains on asset sales and recognition of losses on disposal of property, plant and equipmentAnnual report
「Net income attributable to owners of the parent was ¥594 million, partly because extraordinary gains from the sale of property, plant and equipment recognized in the previous fiscal year were absent and losses on the disposal of property, plant and equipment were recognized in the current fiscal year in connection with the consolidation of production and development sites,」
In addition to the absence of gains on the sale of the former U.S. plant site and other assets recognized in the previous fiscal year, the company recognized ¥134 million in losses on the disposal of property, plant and equipment associated with consolidating production and development sites. - FY2024-Q3Reversal of gains on asset salesAnnual report
「Quarterly net income attributable to owners of the parent was ¥454 million, down ¥1,295 million year on year, partly because extraordinary gains, including gains on the sale of property, plant and equipment recognized in the consolidated first quarter of the previous fiscal year, were absent,」
The extraordinary gains from the sale of property, plant and equipment recognized in the same period of the previous fiscal year were absent in the current period, reducing quarterly net income attributable to owners of the parent. - FY2024-Q1Reversal of gains on asset salesAnnual report
「In addition, quarterly net income attributable to owners of the parent was affected by the absence of extraordinary gains from asset sales recognized in the first quarter of the previous fiscal year, as well as by the decline in ordinary income,」
The extraordinary gains from asset sales recognized in the first quarter of the previous fiscal year were absent in the first quarter of the current fiscal year, reducing quarterly net income attributable to owners of the parent. - FY2023-Q3RestatedAnnual report
「The gain on the sale of the land, buildings and other assets of the U.S. toner plant, which had been closed at the end of September 2020, recognized during the consolidated first quarter resulted in ¥1,749 million,」
The company continued to disclose that gains on the sale of the land, buildings and other assets of the closed U.S. toner plant contributed to extraordinary gains and quarterly net income attributable to owners of the parent for the period. - FY2023-Q2Continued recognition of gains on the sale of the former U.S. toner plant siteAnnual report
「The gain on the sale of the land, buildings and other assets of the U.S. toner plant, which had been closed at the end of September 2020, recognized during the consolidated first quarter resulted in ¥1,255 million,」
The company recognized ¥469 million in gains on the sale of property, plant and equipment during the year-to-date second quarter, including gains on the sale of the land, buildings and other assets of the closed U.S. toner plant. - FY2023-Q1Recognition of gain on the sale of the former U.S. toner plant siteAnnual report
「The gain on the sale of the former U.S. toner plant site and other assets, which had been closed at the end of September 2020, resulted in ¥1,150 million,」
The company sold the former U.S. toner plant site and other assets and recognized a ¥453 million gain on the sale of property, plant and equipment as an extraordinary gain. - FY2021-Q3Recognition of restructuring costs associated with ending productionAnnual report
「Following the end of toner production at the company, impairment losses and removal costs related to production equipment incurred during the year-to-date consolidated third quarter, as well as special retirement allowances, were recognized as business restructuring costs at an affiliated company and recorded as extraordinary losses.」
Following the end of toner production at its U.S. subsidiary, the company recognized an impairment loss of ¥451 million, removal costs of ¥34 million and special retirement allowances of ¥41 million, for a total extraordinary loss of ¥527 million. - FY2021-Q2Recognition of restructuring costs associated with ending U.S. productionAnnual report
「Following the end of toner production at the company, impairment losses and removal costs related to production equipment incurred during the year-to-date consolidated second quarter, as well as special retirement allowances, were recognized as business restructuring costs at an affiliated company and recorded as extraordinary losses.」
Following the end of toner production in the United States, the company recognized an impairment loss of ¥455 million, removal costs of ¥8 million and special retirement allowances of ¥28 million, for a total extraordinary loss of ¥491 million. - FY2021-Q1Expected business restructuring costs associated with ending U.S. productionAnnual report
「The company expects to recognize an impairment loss of 4,256 thousand U.S. dollars (¥458 million) as business restructuring costs at an affiliated company (extraordinary loss) in the consolidated second quarter. In addition, it expects to recognize an estimated 900 thousand U.S. dollars (¥96 million) in business restructuring costs at an affiliated company, including special retirement allowances and the cost of removing manufacturing equipment, during the fiscal year.」
The company indicated that, following the end of toner production at its U.S. subsidiary, it expects to recognize an impairment loss of ¥458 million and an estimated ¥96 million in special retirement allowances and equipment removal costs. - FY2017RestatedAnnual report
「Costs for restructuring production sites at an affiliated company during the fiscal year consisted of costs incurred at a U.S. subsidiary, primarily special retirement allowances.」
The company recognized ¥126 million in costs associated with restructuring the production site of a U.S. subsidiary, of which ¥101 million was paid. - FY2017-Q3Continued recognition of production-site restructuring costsAnnual report
「The loss amounted to ¥283 million because an extraordinary loss associated with downsizing production at a U.S. subsidiary was added as the company optimized its worldwide toner production operations,」
The company has continued to report quarterly net losses attributable to owners of the parent in connection with optimizing its toner production operations. The income statement includes ¥129 million in costs for restructuring production sites at an affiliated company as an extraordinary loss. - FY2017-Q2First statedAnnual report
「This was because an extraordinary loss associated with downsizing production at a U.S. subsidiary was added as the company optimized its worldwide toner production operations.」
The company explained that it recognized an extraordinary loss of ¥84 million associated with downsizing production at a U.S. subsidiary in connection with optimizing its toner production operations.