Recognition of a Provision for Business Structure Improvement
First written in FY2019-Q3. 1 of 3 entries say "Advanced", first in FY2019. Latest entry: FY2020.
The whole theme swung hardest in 2017: 2 of 13 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2020MitigatedAnnual report
「No extraordinary losses were incurred during the fiscal year. In the previous fiscal year, the company recorded ¥62 million in expenses for improving its business structure as an extraordinary loss.」
While business structure improvement expenses of ¥62 million were recorded in the previous fiscal year, no extraordinary loss, including business structure improvement expenses, was incurred in the fiscal year under review. - FY2019AdvancedAnnual report
「Extraordinary loss for the current consolidated fiscal year was ¥62 million, compared with ¥167 million in the previous consolidated fiscal year, a decrease of ¥104 million. The main factors were the recording of an impairment loss on property, plant and equipment of ¥167 million in the previous fiscal year, while ¥62 million in business structure improvement expenses was recorded in the current fiscal year.」
Regarding the provision for business structure improvement recorded in the third quarter, the company states that it recorded ¥62 million in business structure improvement expenses as an extraordinary loss for the year. - FY2019-Q3First statedAnnual report
「Extraordinary loss Impairment loss － Provision for business structure improvement 35,383」
During the cumulative third quarter of the current consolidated fiscal year, ¥35.383 million in provision for business structure improvement was recorded as an extraordinary loss.