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Daishinku Corp. (6962) · InitiativeTransfer costs continue to be recorded

Transfer of the crystal products business from Shenzhen to Dongguan

First written in FY2019-Q3. . Latest entry: FY2021.

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ProgressHeldSoftenedWorseOtherFY2019-Q3 – FY20212019: 220192020: 120202021: 12021
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Transfer of the crystal products business from Shenzhen to DongguanA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2021Transfer costs continue to be recordedAnnual report

    「Business transfer loss ¥40.713 million...These costs were incurred in connection with the transfer of the crystal products business from 加高電子(深圳)有限公司 to 加高電子(東莞)有限公司.」

    Costs associated with the transfer of the crystal products business from Shenzhen to Dongguan of ¥40.713 million were recorded again in the current fiscal year. Completion of the transfer was not explicitly stated.
  2. FY2020Transfer costs continue to be recordedAnnual report

    「Business transfer loss ¥33.825 million...These costs were incurred in connection with the transfer of the crystal products business from 加高電子(深圳)有限公司 to 加高電子(東莞)有限公司.」

    Costs associated with the transfer of the crystal products business from Shenzhen to Dongguan of ¥33.825 million were recorded again in the current fiscal year. Transfer costs have continued to be recorded on a cumulative basis since the previous fiscal year.
  3. FY2019Full-year recording of transfer costsAnnual report

    「Business transfer loss ¥116.759 million...These costs were incurred in connection with the transfer of the crystal products business from 加高電子(深圳)有限公司 to 加高電子(東莞)有限公司.」

    Costs associated with the transfer of the crystal products business from Shenzhen to Dongguan of ¥116.759 million were recorded for the full year. Completion of the transfer itself was not explicitly stated.
  4. FY2019-Q3First statedAnnual report

    「As a result of recording a ¥114 million business transfer loss as an extraordinary loss, among other factors, net loss for the quarter attributable to owners of the parent was ¥398 million, compared with net income for the quarter attributable to owners of the parent of ¥423 million in the same period of the previous year. These costs were incurred in connection with the transfer of the crystal products business from 加高電子(深圳)有限公司 to 加高電子(東莞)有限公司.」

    The transfer of the crystal products business from 加高電子(深圳)有限公司 to the newly established 加高電子(東莞)有限公司 was described specifically for the first time, and related costs of ¥114 million were recorded as a business transfer loss.
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