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Sanken Electric (6707) · FactLiquidation of European subsidiary

Loss on Liquidation of an Affiliated Company Following Completion of UK Subsidiary Liquidation

First written in FY2020-Q3. 1 of 5 entries say "Advanced", first in FY2022-Q3. Latest entry: FY2024-Q3.

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ProgressHeldSoftenedWorseOtherFY2020-Q3 – FY2022-Q1AdvancedFY2022-Q32020: 120202021: 220212022: 120222023: 020232024: 1
Same theme, other companies
Loss on Liquidation of an Affiliated Company Following Completion of LiquidationA theme 24 companies write about · 27 as a headwind · 0 as a tailwind

5 other companies' latest entry also says "Other".

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Showing 14 of the 24 companies compared. The sentences above are computed from all 24.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q3Liquidation of European subsidiaryAnnual report

    「サンケン エレクトリック ヨーロッパ リミテッド was removed from the scope of consolidation following completion of its liquidation.」

    Following completion of the liquidation of the European subsidiary, it was removed from the scope of consolidation.
  2. FY2022-Q3AdvancedAnnual report

    「サンケン エレクトリック(マレーシア)エスディーエヌ ビーエイチディー was removed from the scope of consolidation from the first quarter of the fiscal year because its liquidation had been completed, and 韓国サンケン㈱ was removed from the scope of consolidation from the third quarter because its liquidation had been completed.」

    Following the Malaysian subsidiary, the liquidation of 韓国サンケン was completed in the third quarter, and it was removed from the scope of consolidation.
  3. FY2022-Q1Liquidation of Malaysian subsidiaryAnnual report

    「As サンケン エレクトリック(マレーシア)エスディーエヌ ビーエイチディー had completed its liquidation, it was removed from the scope of consolidation.」

    Following the UK and Singapore subsidiaries, the completion of the liquidation of the Malaysian subsidiary and its removal from the scope of consolidation were disclosed.
  4. FY2021-Q3Expansion of subsidiaries subject to liquidationAnnual report

    「This was due to the reversal of the foreign currency translation adjustment account and other items following completion of the liquidation of the Company’s consolidated subsidiary サンケンエレクトリックシンガポールプライベートリミテッド.」

    Following the UK subsidiary, the Company recorded a loss on liquidation of an affiliated company of ¥42 million following completion of the liquidation of the Singapore subsidiary.
  5. FY2020-Q3First statedAnnual report

    「This was due to the reversal of the foreign currency translation adjustment account and other items following completion of the liquidation of the Company’s consolidated subsidiary サンケンパワーシステムズ(ユーケー)リミテッド.」

    Following completion of the liquidation of the UK subsidiary, the Company recorded a loss on liquidation of an affiliated company of ¥204 million, which was disclosed for the first time.
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