Loss on Business Site Closure Arising from the Closure of the Fujisawa Logistics Center
First written in FY2020-Q1. . Latest entry: FY2020.
1 other company's latest entry also says "Other".
- FY2020Full-year recognition of the closure loss and gain on saleAnnual report
「The company recorded ¥532 million in non-operating expenses, including a ¥137 million foreign exchange loss, a ¥71 million loss on closure of the Fujisawa Distribution Center and a ¥60 million loss on inventory disposal related to a review of products handled by its North American subsidiary. Net income attributable to owners of the parent was ¥1,794 million, including a ¥1,538 million gain on the sale of property, plant and equipment, primarily from the sale of the Fujisawa Distribution Center.」
The company recognized a ¥71 million loss on closure of the Fujisawa Distribution Center and a ¥1,538 million gain on the sale of property, plant and equipment, including the sale of the center, for the full year. - FY2020-Q2Recognition of closure-related losses and gain on saleAnnual report
「The company recognized ¥74 million in losses on inventory disposal related to a review of products handled by its North American subsidiary and ¥71 million in losses on closure of the Fujisawa Distribution Center, among other items, as non-operating expenses. However, ordinary profit increased to ¥428 million, up 186.6% year on year, mainly due to higher operating profit.」
The company recognized a ¥71 million loss on closure of the Fujisawa Distribution Center, and closure-related expenses were incurred in the cumulative second-quarter period as well. - FY2020-Q1First statedAnnual report
「Ordinary loss was ¥196 million, compared with ordinary profit of ¥12 million in the same period of the previous year, mainly due to lower operating profit and recognition of a loss on closure of the Fujisawa Distribution Center.」
The company disclosed for the first time that recognition of a loss on closure of the Fujisawa Distribution Center contributed to the ordinary loss for the quarter.