Recognition of COVID-19-related losses and employment adjustment subsidies
First written in FY2021-Q1. 1 of 2 entries say "Restated". Latest entry: FY2021-Q3.
The whole theme swung hardest in 2023: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Restated".
- FY2021-Q3RestatedAnnual report
「Due to the spread of COVID-19, some consolidated subsidiaries implemented temporary closures in response to requests to prevent the spread of infection and recorded fixed costs incurred during the closures, including personnel expenses and depreciation, as “losses due to COVID-19” and as extraordinary losses.」
The company reconfirmed its treatment of recording fixed costs incurred during temporary closures by certain consolidated subsidiaries as losses due to COVID-19, together with the related employment adjustment subsidies. - FY2021-Q1First statedAnnual report
「Due to the spread of COVID-19, some consolidated subsidiaries recognized fixed costs incurred during temporary closures, including personnel expenses and depreciation, as “losses due to COVID-19” and recorded them as extraordinary losses.」
The company recorded ¥138 million in fixed costs incurred during temporary closures due to COVID-19 as extraordinary losses and ¥39 million in related employment adjustment subsidies as extraordinary gains.