Recognition of Extraordinary Losses Associated with Restructuring
First written in FY2018-Q2. 11 of 21 entries say "Mitigated", first in FY2019-Q2. Latest entry: FY2026.
1 other company's latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Total extraordinary losses declined from ¥42,531 million in the previous consolidated fiscal year to ¥3,627 million.」
The ¥40,008 million business restructuring loss related to financial support and other payments to Polar recognized in the previous period was not recognized in the current period, resulting in a substantial decline in extraordinary losses. - FY2026-H1MitigatedAnnual report
「Total extraordinary losses 41,311 2,485」
Total extraordinary losses declined sharply from ¥41,311 million in the same period of the previous year to ¥2,485 million. The ¥39,958 million business restructuring loss recognized in the same period of the previous year was not recognized in the current period. - FY2025WorsenedAnnual report
「We recognized ¥40,008 million in financial support and other payments to Polar Semiconductor, LLC as a business restructuring loss, with the aim of reducing the long-term investment burden associated with Polar Semiconductor, LLC and securing a stable supply of wafers.」
Financial support and other payments of ¥40,008 million to Polar were recognized as a business restructuring loss, resulting in a substantial increase in structural reform-related extraordinary losses. - FY2025-H1WorsenedAnnual report
「We recognized ¥39,958 million in financial support and other payments to Polar Semiconductor, LLC as a business restructuring loss, with the aim of reducing the long-term investment burden associated with Polar Semiconductor, LLC and securing a stable supply of wafers.」
Financial support and other payments of ¥39,958 million to Polar were recognized as a business restructuring loss, resulting in a substantial extraordinary loss associated with the business restructuring. - FY2024-Q3WorsenedAnnual report
「Total extraordinary losses 238 1,729」
Total extraordinary losses increased from ¥238 million in the same period of the previous year to ¥1,729 million, including special retirement benefits of ¥968 million, impairment losses of ¥264 million on idle assets for which a decision to sell had been made, and a loss on the sale of investment securities of ¥447 million. - FY2023MitigatedAnnual report
「Total extraordinary losses decreased by ¥1,075 million from the previous consolidated fiscal year to ¥978 million.」
Business structural reform costs and other items recognized in the previous period were not recognized in the current period, and extraordinary losses declined from ¥2,053 million to ¥978 million. However, special retirement benefits, inventory valuation losses and settlement payments were recognized. - FY2023-Q3MitigatedAnnual report
「Total extraordinary losses 2,019 238」
Total extraordinary losses declined from ¥2,019 million in the same period of the previous year to ¥238 million. Special retirement benefits, losses on liquidation of affiliated companies, impairment losses, inventory valuation losses and expenses related to provisions for business structural reforms recognized in the same period of the previous year were not recognized in the current period. - FY2023-Q2MitigatedAnnual report
「Total extraordinary losses 497 225」
Total extraordinary losses declined from ¥497 million in the same period of the previous year to ¥225 million. The current period included a loss on disposal of fixed assets of ¥54 million and settlement payments of ¥170 million, among other items, while expenses related to provisions for business structural reforms and other items recognized in the same period of the previous year were not recognized. - FY2022-Q3MitigatedAnnual report
「Total extraordinary losses 3,315 2,019」
Extraordinary losses declined from ¥3,315 million in the same period of the previous year to ¥2,019 million. However, structural reform-related expenses continued to be recognized, including special retirement benefits, losses on liquidation of affiliated companies, inventory valuation losses and expenses related to provisions for business structural reforms. - FY2022-Q1MitigatedAnnual report
「Total extraordinary losses 390 177」
Total extraordinary losses declined from ¥390 million in the same period of the previous year to ¥177 million. The special retirement benefits of ¥304 million and the ¥85 million loss on termination of a retirement benefit plan recognized in the same period of the previous year were not recognized in the current quarter. - FY2021MitigatedAnnual report
「Business structural reform costs of ¥1,663 million were recognized, and together with other related provision expenses and other items, total structural reform-related costs of ¥3,568 million were recognized as extraordinary losses.」
Structural reform-related costs declined from the previous year's ¥5,175 million in business structural reform costs and other items, but expenses continued to be recognized for special retirement benefits, losses on termination of benefit plans and provisions related to transfers. - FY2021-Q3Changes in expense items for extraordinary losses related to structural reformsAnnual report
「As a result of recognizing a total of ¥3,315 million in extraordinary losses, including structural reform-related costs, the quarterly net loss attributable to owners of the parent was ¥6,137 million.」
Unlike the ¥4,031 million in business structural reform costs recognized in the same period of the previous year, the current quarter included extraordinary losses totaling ¥3,315 million, including ¥1,797 million in provision for business transfer losses and special retirement benefits. - FY2021-Q2WorsenedAnnual report
「Special retirement benefits of ¥842 million, a loss on termination of a retirement benefit plan of ¥85 million and ¥1,797 million in provision for business transfer losses related to the share transfer agreement for the social systems business, which was part of the power system business, were recognized as extraordinary losses, among other items.」
Extraordinary losses increased from ¥1,557 million in the same period of the previous year to ¥2,749 million, with new loss items including ¥1,797 million in provision for business transfer losses. - FY2020WorsenedAnnual report
「Business structural reform costs — 5,175」
Business structural reform costs of ¥5,175 million, which had not been recognized in the same period of the previous year, were recognized. In addition, ¥1,691 million was recognized as an expense related to the provision for business structural reform costs. - FY2020-Q3WorsenedAnnual report
「Business structural reform costs — 4,031」
Business structural reform costs of ¥4,031 million, which had not been recognized in the same period of the previous year, were recognized. The breakdown was an impairment loss on fixed assets of ¥3,748 million and an inventory valuation loss of ¥283 million, resulting in the recurrence of losses associated with structural reforms. - FY2020-Q2WorsenedAnnual report
「Total extraordinary losses 26 1,557」
Compared with the previous period, when no structural reform costs were recognized, extraordinary losses of ¥1,557 million were recognized during the cumulative second quarter, including an impairment loss of ¥613 million, special retirement benefits of ¥289 million and an inventory valuation loss of ¥283 million. - FY2019MitigatedAnnual report
「Business structural reform costs 18,315 —」
The ¥18,315 million in business structural reform costs recognized in the previous consolidated fiscal year was not recognized during the current consolidated fiscal year. - FY2019-Q3MitigatedAnnual report
「Business structural reform costs 16,573 —」
The ¥16,573 million in business structural reform costs recognized in the same period of the previous year was not recognized during the current cumulative consolidated third quarter. - FY2019-Q2MitigatedAnnual report
「Business structural reform costs 16,531 —」
The ¥16,531 million in business structural reform costs recognized in the same period of the previous year was not recognized during the current cumulative consolidated quarter. - FY2018-Q3Update to extraordinary loss amountAnnual report
「As a result of recognizing ¥16,573 million in extraordinary losses associated with the implementation of structural reform measures, the quarterly net loss attributable to owners of the parent was ¥10,997 million, compared with quarterly net income attributable to owners of the parent of ¥51 million in the same quarter of the previous year.」
Extraordinary losses associated with structural reforms totaled ¥16,573 million, an update from ¥16,531 million reported for the previous quarter. The breakdown was an inventory valuation loss of ¥7,521 million, an inventory disposal loss of ¥7,309 million and special retirement benefits of ¥1,742 million. - FY2018-Q2First statedAnnual report
「As a result of recognizing ¥16,531 million in extraordinary losses associated with structural reforms, including the withdrawal from loss-making divisions, the quarterly net loss attributable to owners of the parent was ¥13,113 million, compared with a quarterly net loss attributable to owners of the parent of ¥72 million in the same quarter of the previous year.」
Structural reform costs included an inventory valuation loss of ¥7,521 million, an inventory disposal loss of ¥7,267 million and special retirement benefits of ¥1,742 million, for a total of ¥16,531 million.