Dissolution of Pintech and Withdrawal from Domestic Production
First written in FY2024-Q1. 2 of 5 entries say "Advanced", first in FY2024-Q2. Latest entry: FY2025-H1.
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- FY2025-H1RestatedAnnual report
「The fiscal year-end for each group company other than the Company, アスク, ピンテック (under liquidation) and インドパンチ is December,」
The group companies' status is described on the assumption that ピンテック remains under liquidation following its dissolution. - FY2024AchievedAnnual report
「株式会社ピンテック was dissolved effective 31 March 2024, and liquidation proceedings are currently under way.」
The dissolution of ピンテック was carried out as of 31 March 2024. The liquidation process is ongoing. - FY2024-Q3AdvancedAnnual report
「In addition, because our consolidated subsidiary 株式会社ピンテック had decided to withdraw from the business, the fixed assets it held were no longer expected to be used. We therefore reduced their carrying amounts to their recoverable amounts and recognized the resulting reduction of ¥86 million as an impairment loss under extraordinary losses.」
In connection with ピンテック's withdrawal from domestic production and dissolution, it additionally recognized an impairment loss of ¥86 million due to the loss of expected use of its fixed assets. - FY2024-Q2AdvancedAnnual report
「The subsidiary liquidation loss comprises costs incurred in connection with the dissolution of consolidated subsidiary ピンテック, as resolved at a Board of Directors meeting held on 5 July 2023,」
It recognized a ¥323 million subsidiary liquidation loss in connection with the resolution to dissolve ピンテック, stating that the dissolution had entered the implementation stage involving the recognition of costs. Completion of the liquidation has not yet occurred. - FY2024-Q1First statedAnnual report
「The Company will withdraw from domestic production upon completion of production at the end of September 2023 and will hold an extraordinary general meeting of shareholders of the subsidiary to approve its dissolution. Liquidation is expected to be completed during fiscal 2024.」
It disclosed for the first time a plan to dissolve consolidated subsidiary ピンテック and withdraw from domestic production upon completion of production at the end of September 2023. All 73 employees of ピンテック were covered by the plan.