Financial Partners Group (7148) · InitiativeAchieved
Transfer of FPG Securities’ Over-the-Counter Currency Derivatives Business
First written in FY2021-Q1. 1 of 2 entries say "Achieved", first in FY2021-Q2. Latest entry: FY2021-Q2.
2entries
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Transfer of FPG Securities' currency-related OTC derivatives businessA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2021-Q2AchievedAnnual report
「Business separation date 12 March 2021」
FPG Securities' currency-related over-the-counter derivatives trading business was transferred to Tokai Tokyo Securities Co., Ltd. on 12 March 2021, and a ¥241.7 million loss on business transfer was recognized. - FY2021-Q1First statedAnnual report
「To focus its business portfolio, the Company plans to transfer FPG Securities Co., Ltd.'s currency-related over-the-counter derivatives business and recognized ¥242 million in provision for loss on business transfer as an extraordinary loss in connection with the transfer.」
For the purpose of focusing its business portfolio, the Company disclosed for the first time its plan to transfer FPG Securities' currency-related over-the-counter derivatives business. It recognized a provision of ¥242 million for the estimated loss associated with the transfer.