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Daido Steel (5471) · FactUpdate: additional liquidation costs recognized

Recognition of loss on business restructuring

First written in FY2022-Q2. . Latest entry: FY2025.

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ProgressHeldSoftenedWorseOtherFY2022-Q2 – FY20252021: 12022: 120222023: 120232024: 320242025: 12025
Same theme, other companies
Loss on Liquidation of an Affiliated Company Following Completion of LiquidationA theme 21 companies write about · 24 as a headwind · 0 as a tailwind

3 other companies' latest entry also says "Other".

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Showing 14 of the 21 companies compared. The sentences above are computed from all 21.
Full recordFilings, disclosures and news, newest first
  1. FY2025Update: additional liquidation costs recognizedAnnual report

    「Other items for the current consolidated fiscal year consist of additional costs associated with the liquidation proceedings of the consolidated subsidiary 大同電工(蘇州)有限公司.」

    Additional costs and other expenses associated with the liquidation proceedings of 大同電工(蘇州)有限公司 were recognized as other expenses of ¥2.528 billion for the full fiscal year. In addition, additional costs of ¥2.193 billion at the Chinese magnet subsidiary were recognized in operating income.
  2. FY2025-H1Update: additional liquidation costs recognizedAnnual report

    「In the interim consolidated accounting period, additional costs of ¥2.088 billion incurred at the Chinese magnet subsidiary, which is undergoing liquidation proceedings, were recognized in operating income.」

    Additional costs of ¥2.088 billion incurred at the Chinese magnet subsidiary undergoing liquidation proceedings were recognized in operating income.
  3. FY2024Update on the full-year amount recognizedAnnual report

    「Other items for the current consolidated fiscal year consist of economic compensation payments and other costs associated with the liquidation proceedings of the consolidated subsidiary 大同電工(蘇州)有限公司.」

    Economic compensation payments and other costs associated with the liquidation proceedings of 大同電工(蘇州)有限公司 were included in other expenses of ¥2.289 billion for the full fiscal year.
  4. FY2024-Q3Liquidation loss recognition updateAnnual report

    「The loss on liquidation of an affiliated company recognized in the quarterly consolidated income statement relates to the liquidation of the consolidated subsidiary 大同電工(蘇州)有限公司.」

    A ¥2.183 billion loss on liquidation of an affiliated company was recognized in the cumulative third quarter of the current consolidated fiscal year in connection with the liquidation of 大同電工(蘇州)有限公司.
  5. FY2024-Q2Liquidation loss recognition updateAnnual report

    「The loss on liquidation of an affiliated company recognized in the quarterly consolidated income statement relates to the liquidation of the consolidated subsidiary 大同電工(蘇州)有限公司.」

    A ¥1.719 billion loss on liquidation of an affiliated company was recognized as an extraordinary loss in connection with the liquidation of 大同電工(蘇州)有限公司.
  6. FY2022Update on the full-year amount recognizedAnnual report

    「Costs related to the removal of facilities following the suspension of operations at a consolidated subsidiary, and other costs: ¥431 million」

    The company recognized ¥431 million for the full fiscal year in business restructuring losses, including costs related to the removal of facilities following the suspension of operations at a consolidated subsidiary.
  7. FY2022-Q2First statedAnnual report

    「Business restructuring loss - 424」

    A business restructuring loss of ¥424 million was recognized as an extraordinary loss in the cumulative second quarter of the current consolidated fiscal year.
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Daido Steel's next results are scheduled for 2026-10-29. Read the earnings preview
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