Extraordinary loss and relocation compensation related to the liquidation of the Beijing subsidiary
First written in FY2021-Q3. 1 of 3 entries say "Materialised", first in FY2021. Latest entry: FY2024-Q3.
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- FY2024-Q3AchievedAnnual report
「As the liquidation of the former consolidated subsidiary 北京二商福島機電有限公司 was completed during the third quarter of the current consolidated fiscal year, it was removed from the scope of consolidation. In connection with the completion of the liquidation of 北京二商福島機電有限公司 disclosed on 27 December 2023, the company decided to record a ¥154 million loss on the reversal of the foreign currency translation adjustment account as an extraordinary loss.」
The liquidation of 北京二商福島機電有限公司 was completed and the company was removed from the scope of consolidation. The company states that, in connection with the liquidation, it will record a ¥154 million loss on the reversal of the foreign currency translation adjustment account as an extraordinary loss, while the impact on net assets will be offset. - FY2021MaterialisedAnnual report
「For the full fiscal year, the company recorded ¥1,345 million in expropriation compensation as extraordinary income and a ¥876 million loss on liquidation of a subsidiary as an extraordinary loss.」
In connection with the liquidation of 北京二商福島機電有限公司, the company recorded a ¥876 million loss on liquidation of a subsidiary and ¥1,345 million in expropriation compensation as extraordinary income. - FY2021-Q3First statedAnnual report
「In connection with the liquidation of the consolidated subsidiary 北京二商福島機電有限公司, the company recorded an extraordinary loss of ¥587 million in the third quarter and expects to record extraordinary income of ¥1,305 million in the fourth quarter from the receipt of relocation compensation.」
The company recorded an extraordinary loss of ¥587 million in the third quarter in connection with the liquidation of 北京二商福島機電有限公司 and stated for the first time that it expects to record extraordinary income of ¥1,305 million in the fourth quarter from relocation compensation.