Recognition of Losses on the Retirement of Fixed Assets, etc., at a Subsidiary
First written in FY2024-Q1. 2 of 5 entries say "Worsened", first in FY2024-Q2. Latest entry: FY2025-Q1.
14 other companies' latest entry also says "Mitigated".
- FY2025-Q1MitigatedAnnual report
「Loss on retirement of fixed assets 37 0」
The ¥37 million loss on retirement of fixed assets recognized in the same period of the previous year was not recognized in the first quarter of the current fiscal year. - FY2024WorsenedAnnual report
「Net income attributable to owners of the parent was ¥950 million, down 6.5% year on year, despite the recognition of a gain on the sale of investment securities, partly due to the recognition of impairment losses related to the development of the core system and losses on retirement of fixed assets and other items at a subsidiary.」
The company cited losses on retirement of fixed assets and other items at a subsidiary throughout the fiscal year as a factor depressing net income despite the gain on the sale of investment securities. - FY2024-Q3RestatedAnnual report
「Quarterly net income attributable to owners of the parent was ¥824 million, down 3.0% year on year, despite the recognition of a gain on the sale of investment securities, partly due to the recognition of impairment losses related to the development of the core system and losses on retirement of fixed assets and other items at a subsidiary.」
The company continues to cite losses on retirement of fixed assets and other items at a subsidiary as a factor depressing quarterly net income attributable to owners of the parent despite the gain on the sale of investment securities. - FY2024-Q2WorsenedAnnual report
「Quarterly net income attributable to owners of the parent was ¥722 million, down 4.8% year on year, despite the recognition of a gain on the sale of investment securities, partly due to the recognition of impairment losses related to the development of the core system and losses on retirement of fixed assets and other items at a subsidiary.」
Losses on retirement of fixed assets and other items at a subsidiary were recognized, and quarterly net income attributable to owners of the parent declined 4.8% year on year despite the gain on the sale of investment securities. - FY2024-Q1First statedAnnual report
「Quarterly net income attributable to owners of the parent was ¥266 million, down 13.5% year on year, partly due to the recognition of losses on retirement of fixed assets and other items at a subsidiary.」
The company disclosed for the first time that the recognition of losses on retirement of fixed assets and other items at a subsidiary was one factor behind the 13.5% year-on-year decline in quarterly net income attributable to owners of the parent.