Recognition of a Loss on Business Withdrawal Associated with Discontinuation of Product Sales
First written in FY2019. . Latest entry: FY2021.
1 other company's latest entry also says "Other".
- FY2021No business withdrawal loss was recorded for the current fiscal yearAnnual report
「Current consolidated fiscal year (from 1 April 2020 to 31 March 2021): Not applicable.」
No business exit loss associated with the discontinuation of product sales was recognized in the current period. - FY2020Continued recognition of business withdrawal losses, with a decreaseAnnual report
「The breakdown of business withdrawal losses for the current consolidated fiscal year was ¥70 million in inventory write-downs, ¥11 million in inventory disposal losses and ¥4 million in losses on disposal of fixed assets, all arising from the discontinuation of sales of the Company's group products.」
A business withdrawal loss of ¥87 million arising from the discontinuation of product sales was recorded for the full year. Although this was down from ¥155 million in the previous fiscal year, losses related to the discontinuation of sales continued to be recorded. - FY2019First statedAnnual report
「For assets in Sakuragawa, Ibaraki Prefecture, the carrying amount was reduced to the recoverable amount following the discontinuation of sales of the Company's group products, and the reduction of ¥47 million was recorded as a business withdrawal loss under extraordinary losses.」
Following the discontinuation of product sales, a business withdrawal loss of ¥155 million, including ¥47 million in impairment losses on fixed assets, was recorded.