Equity-method accounting for SODA株式会社 and investment loss
First written in FY2020. 5 of 12 entries say "Mitigated", first in FY2021. Latest entry: FY2024-Q1.
The whole theme swung hardest in 2023: 19 of 68 companies on the "Worse" side.
31 other companies' latest entry also says "Mitigated".
- FY2024-Q1MitigatedAnnual report
「Equity-method investment loss －」
Equity in net losses of affiliates of ¥2,471 thousand recognised in the same period of the previous year was not recognised in the current first quarter. - FY2023MitigatedAnnual report
「The amount recognised as equity in net losses of affiliates decreased by ¥17,905 thousand」
Equity in net losses of affiliates decreased from ¥20,376 thousand in the same period of the previous year to ¥2,471 thousand, easing the trend of widening investment losses. - FY2023-Q3MitigatedAnnual report
「Equity in net losses of affiliates 21,164 2,471」
Equity in net losses of affiliates decreased from ¥21,164 thousand in the same period of the previous year to ¥2,471 thousand, easing the expansion of investment losses that had continued from the previous fiscal year. - FY2023-Q1MitigatedAnnual report
「Equity in net losses of affiliates 13,677 2,471」
Equity in net losses of affiliates decreased from ¥13,677 thousand in the same period of the previous year to ¥2,471 thousand, easing the trend of widening investment losses. - FY2022-Q3WorsenedAnnual report
「Equity in net losses of affiliates － 21,164」
The company recognised equity in net losses of affiliates of ¥21,164 thousand, and the shift from equity in net income of affiliates of ¥82 thousand in the cumulative period of the third quarter of the previous consolidated fiscal year to a loss has continued. - FY2022-Q2WorsenedAnnual report
「Equity in net losses of affiliates － 20,481」
Equity in net losses of affiliates increased from ¥13,677 thousand in the cumulative period of the current first quarter to ¥20,481 thousand in the cumulative period of the current second quarter. - FY2022-Q1WorsenedAnnual report
「Equity in net income of affiliates － 1,106 Equity in net losses of affiliates － 13,677」
Equity in net income of affiliates of ¥1,106 thousand in the same quarter of the previous year shifted to equity in net losses of affiliates of ¥13,677 thousand in the current first quarter. - FY2021MitigatedAnnual report
「Equity in net losses of affiliates of ¥10,297 thousand」
Equity in net losses of affiliates relating to equity-method affiliates, including SODA, decreased from ¥31,351 thousand in the previous fiscal year to ¥10,297 thousand. - FY2021-Q3Equity-method investment gain declinedAnnual report
「Equity in net income of affiliates － 82」
Equity in net income of affiliates decreased from ¥2,104 thousand in the cumulative period of the previous quarter to ¥82 thousand. - FY2021-Q2Equity-method investment income increasedAnnual report
「Equity in net income of affiliates － 2,104」
Equity in net income of affiliates for the six months ended in the second quarter was ¥2,104 thousand, up from ¥1,106 thousand in the cumulative period of the previous quarter. - FY2021-Q1Shift from equity in net losses of affiliates to equity in net income of affiliatesAnnual report
「Equity in net income of affiliates － 1,106」
While equity in net losses of affiliates had increased non-operating expenses in the previous consolidated fiscal year, equity in net income of affiliates of ¥1,106 thousand was recognised as non-operating income in the current first quarter. - FY2020First statedAnnual report
「Non-operating expenses were ¥48,081 thousand, compared with ¥5,679 thousand in the previous consolidated fiscal year, an increase of ¥42,402 thousand, or 746.5% year on year. The main factor behind the increase was a ¥31,351 thousand increase in equity in net losses of affiliates.」
In the year in which SODA株式会社 became an equity-method affiliate, equity in net losses of affiliates of ¥31,351 thousand was first explicitly identified as a factor behind the increase in non-operating expenses.