Tyk (5363) · RiskNo provision expense recorded in the current fiscal year
Likelihood of Compensation Losses and Provision Recognition
First written in FY2019. 2 of 7 entries say "Mitigated", first in FY2020-Q2. Latest entry: FY2024-Q3.
7entries
6years
0from disclosures
How it moved
Same theme, other companies
Recognition of a Provision for Compensation LossesA theme 18 companies write about · 19 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2023: 2 of 8 companies on the "Worse" side.
7 other companies' latest entry also says "Other".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 18 companies compared. The sentences above are computed from all 18.Full recordFilings, disclosures and news, newest first
- FY2024-Q3No provision expense recorded in the current fiscal yearAnnual report
「Provision expense for compensation losses 18,880 -」
The provision expense for compensation losses of ¥18.88 million recorded in the same period of the previous fiscal year was not recorded during the nine-month period ended the third quarter of the current fiscal year. This does not indicate that the compensation risk itself has ceased to exist. - FY2023MaterialisedAnnual report
「Damages - 16,900」
Damages of ¥16.9 million were recorded as an extraordinary loss in the current fiscal year, disclosing that a liability related to compensation had actually arisen. - FY2023-Q3Provision for compensation losses re-recognisedAnnual report
「Provision expense for compensation losses - 18,880」
A provision expense for compensation losses of ¥18.88 million was recorded. After the provision balance fell to zero in the previous fiscal year, the recognition of a provision related to compensation losses has been disclosed again. - FY2022DroppedAnnual reportThe current fiscal year’s disclosures of provisions and risks contain no reference to the potential occurrence of compensation losses or the recognition of a provision as previously disclosed.
- FY2020MitigatedAnnual report
「Reversal of provision for compensation losses 109,251」
The provision for compensation losses of ¥109.25 million recognised at the end of the previous fiscal year was fully reversed, reducing the provision balance to zero at the end of the current fiscal year. - FY2020-Q2MitigatedAnnual report
「Reversal of provision for compensation losses 109,251」
The provision for compensation losses of ¥109.25 million recognised at the end of the previous fiscal year was reversed, reducing the provision balance to zero at the end of the second quarter of the current fiscal year. - FY2019First statedAnnual report
「We have recognised the estimated amount of compensation losses that are likely to arise in the future.」
A provision was recognised for compensation losses considered likely to arise in the future, and a provision expense for compensation losses of ¥109.251 million was recorded in the current fiscal year.