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Shinto (5380) · RiskMitigated

Recognition of a provision in preparation for damages payments

First written in FY2021. 6 of 9 entries say "Restated". Latest entry: FY2024.

9entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2021 – FY2022-Q3WorsenedFY2022RestatedFY2023-Q3 – FY2024-Q32021: 120212022: 220222023: 320232024: 32024
Same theme, other companies
Recognition of 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.

4 other companies' latest entry also says "Mitigated".

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
  1. FY2024MitigatedAnnual report

    「Provision for damages 19,733 -」

    ¥15 million of the provision for damages was applied to payments, while ¥4.733 million was reversed as the difference from the estimated amount, resulting in a zero balance at the end of the current period.
  2. FY2024-Q3RestatedAnnual report

    「Provision for damages 19,733 19,733」

    The provision for damages was ¥19.733 million, unchanged from the end of the previous fiscal year, and the provision balance continues to be disclosed.
  3. FY2024-Q2RestatedAnnual report

    「Provision for damages 19,733 19,733」

    The provision for damages was ¥19.733 million, unchanged from the end of the previous fiscal year, and the provision balance continues to be disclosed.
  4. FY2024-Q1RestatedAnnual report

    「Provision for damages 19,733 19,733」

    The provision for damages was ¥19.733 million, unchanged from the end of the previous fiscal year, and the provision balance continues to be disclosed.
  5. FY2023RestatedAnnual report

    「Provision for damages 19,733 19,733」

    The provision for damages was ¥19.733 million, unchanged from the end of the previous fiscal year, and the provision balance continues to be disclosed.
  6. FY2023-Q3RestatedAnnual report

    「Provision for damages 19,733 19,733」

    The provision for damages was ¥19.733 million, unchanged from the end of the previous fiscal year, and the provision balance continues to be disclosed.
  7. FY2022WorsenedAnnual report

    「Net income for the period became a net loss of ¥1 million, compared with profit of ¥1 million in the previous period, mainly due to the recording of a ¥12 million provision expense for damages.」

    An additional ¥12 million provision expense for damages was recorded, increasing the provision balance from ¥7.330 million to ¥19.733 million. The occurrence of a specific damages event is not asserted based on the body of the disclosure.
  8. FY2022-Q3RestatedAnnual report

    「Provision for damages 7,330 7,330」

    The provision for damages was ¥7.330 million, unchanged from the end of the previous fiscal year, and the provision balance continues to be disclosed.
  9. FY2021First statedAnnual report

    「A provision has been recorded for the estimated losses expected to arise during the current fiscal year in preparation for damages payments.」

    A ¥7.330 million provision expense for damages was recorded in the current fiscal year in preparation for damages payments. The specific circumstances underlying the provision are not explained in the body of the disclosure, so the occurrence of actual damages is not asserted.
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Recognition of a provision in preparation for damages payments | SHINTO COMPANY LIMITED (5380) | Komori