Payment burden arising from an arbitral award in China
First written in FY2025-H1. 1 of 2 entries say "Materialised", first in FY2025. Latest entry: FY2025.
TSUDAKOMA Corp. moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2018: 4 of 8 companies on the "Worse" side.
5 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「Selling, general and administrative expenses increased by ¥334 million from the previous consolidated fiscal year to ¥5,869 million, despite lower sales and declines in packaging and transportation costs and other expenses, due to temporary expenses including participation in overseas trade shows and arbitration costs.」
The payment resulting from an arbitration ruling in China, which was reported in the previous interim period, affected selling, general and administrative expenses in the current fiscal year as a temporary expense, including arbitration costs. - FY2025-H1First statedAnnual report
「Although a payment was made pursuant to an arbitration ruling in China in terms of profit and loss,」
The company reported for the first time in its explanation of the profit and loss of the textile machinery business that a payment had been made in China pursuant to an arbitration ruling.