Future loss burden associated with the business restructuring of 天津天冶日亜鋼業有限公司
First written in FY2019. 5 of 8 entries say "Mitigated", first in FY2020-Q1. Latest entry: FY2021-Q3.
0 other companies' latest entry also says "Achieved".
- FY2021-Q3AchievedAnnual report
「During the consolidated accounting period for the third quarter, 天津天冶日亜鋼業有限公司, formerly a consolidated subsidiary, was excluded from the scope of consolidation because its liquidation was completed on 10 December 2020.」
The liquidation of 天津天冶日亜鋼業有限公司 was completed on 10 December 2020, and it was excluded from the scope of consolidation. The provision for losses on the liquidation of affiliates became zero, and a gain on the liquidation of an affiliate of ¥203.546 million was also recorded. - FY2021-Q2MitigatedAnnual report
「Provision for losses on liquidation of affiliates 305,282 259,608」
The provision for losses on the liquidation of affiliates associated with the business reorganisation and other matters involving 天津天冶日亜鋼業有限公司 decreased from ¥305.282 million at the end of the previous fiscal year to ¥259.608 million. - FY2021-Q1MitigatedAnnual report
「Provision for losses on liquidation of affiliates 305,282 275,819」
The provision for losses on the liquidation of affiliates associated with the business reorganisation and other matters involving 天津天冶日亜鋼業有限公司 decreased from ¥305.282 million at the end of the previous fiscal year to ¥275.819 million. - FY2020WorsenedAnnual report
「天津天冶日亜鋼業有限公司 was insolvent, with a negative net worth of CNY 8.078 million as of the end of December 2019.」
While the provision balance associated with the business reorganisation was declining, it was explicitly stated that 天津天冶日亜鋼業有限公司 was insolvent, with a negative net worth of CNY 8.078 million as of the end of December 2019. - FY2020-Q3MitigatedAnnual report
「Provision for losses on liquidation of affiliates 611,112 338,341」
The provision for losses on the liquidation of affiliates associated with the business reorganisation and other matters involving 天津天冶日亜鋼業有限公司 decreased from ¥611.112 million at the end of the previous fiscal year to ¥338.341 million. - FY2020-Q2MitigatedAnnual report
「Provision for losses on liquidation of affiliates 611,112 390,293」
The provision for losses on the liquidation of affiliates associated with the business reorganisation and other matters involving 天津天冶日亜鋼業有限公司 decreased from ¥611.112 million at the end of the previous fiscal year to ¥390.293 million. - FY2020-Q1MitigatedAnnual report
「Provision for losses on liquidation of affiliates 611,112 516,424」
The provision for losses on the liquidation of affiliates associated with the business reorganisation and other matters involving 天津天冶日亜鋼業有限公司 decreased from ¥611.112 million at the end of the previous fiscal year to ¥516.424 million. - FY2019First statedAnnual report
「The company recorded the estimated amount of losses expected to be incurred in preparation for losses to be borne in connection with the business reorganisation and other matters involving its consolidated subsidiary 天津天冶日亜鋼業有限公司.」
It was disclosed for the first time that a ¥613.710 million provision expense for losses on the liquidation of affiliates was recorded for losses expected to be incurred in connection with the business reorganisation and other matters involving 天津天冶日亜鋼業有限公司.