Withdrawal from loss-making businesses and costs associated with going public
First written in FY2017-Q1. . Latest entry: FY2018.
0 other companies' latest entry also says "Other".
- FY2018Elimination of listing-related expensesAnnual report
「Non-operating expenses were ¥3.503 million, a decrease of 85.2% year on year. This was mainly due to the absence of the ¥17.997 million in listing-related expenses recognized in the previous consolidated fiscal year.」
The ¥17.997 million in listing-related expenses recognized in the previous fiscal year did not recur in the current fiscal year, resulting in a substantial decrease in non-operating expenses. - FY2017Full-year recognition of listing-related expensesAnnual report
「Non-operating expenses were ¥23.745 million, an increase of 194.7% year on year. This was mainly due to the recognition of ¥17.997 million in listing-related expenses.」
The company recognized ¥17.997 million in listing-related expenses for the full year in connection with going public. - FY2017-Q1First statedAnnual report
「In the business services segment for small and medium-sized enterprises, the company recorded a loss in the cumulative first quarter under review, due to restructuring costs associated with withdrawing from loss-making businesses between the fiscal years ended October 2015 and October 2016, including the temporary staffing business for manufacturers and outsourced operations for local governments. In addition, the group recorded one-time expenses associated with going public.」
The company cites restructuring costs associated with past withdrawals and one-time expenses related to going public as loss factors in the business services segment.