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Galilei Holdings (6420) · RiskFirst stated

Risk of Repayment of Growth Investment Subsidy Related to Construction of the Shiga (Konan) Plant

First written in FY2027-H1. . Latest entry: FY2027-H1.

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Growth Investment Subsidy Repayment RiskA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2027-H1First statedAnnual report

    「Other current liabilities include ¥2,535 million, including ¥1,215 million received during the interim consolidated accounting period, related to the Large-Scale Growth Investment Subsidy for Labor-Saving Measures to Support Wage Increases at Mid-Sized and Small Businesses, which was granted for construction of the Shiga (Konan) plant. Because the related conditions have not been met, it is not certain that repayment will not be required. No income related to this subsidy was recognized during the interim consolidated accounting period.」

    The ¥2,535 million subsidy related to construction of the Shiga (Konan) plant is recognized under current liabilities because it is not certain that the related conditions will be met and repayment will not be required.
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Risk of Repayment of Growth Investment Subsidy Related to Construction of the Shiga (Konan) Plant | GALILEI HOLDINGS CO.LTD. (6420) | Komori