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Uchiyama Holdings (6059) · FactNo subsidies recognized in the third quarter

Losses and subsidies recognized in connection with temporary closures and reduced operating hours

First written in FY2021-Q3. . Latest entry: FY2024-Q3.

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ProgressHeldSoftenedWorseOtherFY2021-Q3 – FY2024-Q32021: 420212022: 320222023: 220232024: 12024
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Concurrent presentation of fixed-cost losses from store closures due to COVID-19 and subsidy incomeA theme 3 companies write about · 2 as a headwind · 0 as a tailwind

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  1. FY2024-Q3No subsidies recognized in the third quarterAnnual report

    「There were no applicable items during the cumulative third-quarter consolidated period (from 1 April 2023 to 31 December 2023).」

    During the cumulative third-quarter period, no subsidy income related to temporary closures or reduced operating hours was recognized, a change from the ¥253.076 million recognized in the year-earlier period.
  2. FY2023Updated for the Full-Year AmountAnnual report

    「The ¥253.076 million received in these subsidies was recognized as extraordinary income.」

    For the full year, ¥253.076 million in subsidies for cooperation in preventing the spread of infection, employment adjustment subsidies and other subsidies was recognized as extraordinary income, and no losses related to temporary closures or other factors were recognized.
  3. FY2023-Q3Updated the amount recognized in the third quarterAnnual report

    「The ¥253.076 million received in these subsidies was recognized as extraordinary income.」

    ¥253.076 million in subsidies for cooperation in preventing the spread of infection, employment adjustment subsidies and other subsidies was recognized as extraordinary income. No losses related to temporary closures or other factors were recognized in the cumulative third-quarter period.
  4. FY2023-Q2Updated the amount recognized in the second quarterAnnual report

    「The ¥253.076 million received in these subsidies was recognized as extraordinary income.」

    ¥253.076 million in subsidies for cooperation in preventing the spread of infection, employment adjustment subsidies and other subsidies was recognized as extraordinary income. No losses related to temporary closures or other factors were recognized in the cumulative period for the quarter.
  5. FY2023-Q1Updated the amount recognized in the first quarterAnnual report

    「The ¥233.240 million received in these subsidies was recognized as extraordinary income.」

    ¥233.240 million in subsidies for cooperation in preventing the spread of infection, employment adjustment subsidies and other subsidies was recognized as extraordinary income. This was higher than the ¥123.626 million recognized in the year-earlier period, and no losses related to temporary closures or other factors were recognized in the quarter.
  6. FY2022-Q3Updated the amount recognized in the third quarterAnnual report

    「The ¥898.997 million received in these subsidies was recognized as extraordinary income.」

    ¥898.997 million in subsidies for cooperation in preventing the spread of infection, employment adjustment subsidies and other subsidies was recognized as extraordinary income. ¥556.075 million in fixed costs and other expenses during the temporary closure period was recognized as extraordinary losses.
  7. FY2022-Q2Updated the amount recognized in the second quarterAnnual report

    「The ¥340.605 million received in these subsidies was recognized as extraordinary income.」

    ¥340.605 million in subsidies for cooperation in preventing the spread of infection, employment adjustment subsidies and other subsidies was recognized as extraordinary income, while ¥542.460 million in fixed costs and other expenses during the temporary closure period was recognized as extraordinary losses.
  8. FY2022-Q1Updated the amount recognized in the first quarterAnnual report

    「The ¥123.626 million received in these subsidies was recognized as extraordinary income.」

    ¥123.626 million in subsidies for cooperation in connection with temporary closures and reduced operating hours, employment adjustment subsidies and other subsidies was recognized as extraordinary income, while ¥233.263 million in fixed costs and other expenses during the closure period was recognized as extraordinary losses.
  9. FY2021Updated for the Full-Year AmountAnnual report

    「The company received subsidies for cooperation in preventing the spread of infection in connection with temporary store closures and reduced operating hours, in response to various requests from the government and local authorities regarding COVID-19. It also received special measures under employment adjustment subsidies and other programs for the leave allowances paid in connection with the temporary store closures and reduced operating hours. The ¥183.671 million received in these subsidies was recognized as extraordinary income.」

    For the full year, ¥183.671 million in subsidies for cooperation in preventing the spread of infection, employment adjustment subsidies and other subsidies was recognized as extraordinary income, while ¥392.357 million in fixed costs and other expenses during the temporary closure period was recognized as extraordinary losses.
  10. FY2021-Q3First statedAnnual report

    「The company received special measures under employment adjustment subsidies and other programs for the leave allowances paid in connection with the temporary closure of stores and reduced operating hours, and recognized the subsidy amount of ¥60.671 million as extraordinary income. Fixed costs incurred during the temporary store closures, including personnel expenses, rent and depreciation, were recognized as ¥289.166 million in extraordinary losses related to temporary closures and other factors.」

    For temporary store closures and reduced operating hours related to COVID-19, ¥60.671 million in employment adjustment subsidies and other subsidies was recognized as extraordinary income, while ¥289.166 million in fixed costs during the closure period was recognized as extraordinary losses.
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Losses and subsidies recognized in connection with temporary closures and reduced operating hours | UCHIYAMA HOLDINGS Co.,Ltd. (6059) | Komori