Komori
Faltec (7215) · FactNo Subsidy Income Recognized for the Full Year

Recognition of COVID-19-Related Grant Income

First written in FY2021-Q2. . Latest entry: FY2024.

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ProgressHeldSoftenedWorseOtherFY2021-Q2 – FY20242020: 12021: 420212022: 420222023: 420232024: 12024
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  1. FY2024No Subsidy Income Recognized for the Full YearAnnual report

    「Subsidy income 216 -」

    Subsidy income of ¥216 million was recorded in the previous fiscal year, but none was recorded in the current fiscal year.
  2. FY2024-Q2No government grants or subsidy income recordedAnnual report

    「The ordinary loss was ¥209 million, compared with an ordinary loss of ¥626 million in the same period of the previous year, due to the decline in government grants and subsidy income and the impact of foreign exchange losses.」

    Compared with government grants of ¥44 million and subsidy income of ¥162 million recorded in the same period of the previous year, neither type of income was recorded for the cumulative second quarter of the current fiscal year, and this was identified as a factor behind the ordinary loss.
  3. FY2024-Q1Quarterly decline in government grants and subsidy incomeAnnual report

    「Ordinary loss was ¥417 million, reflecting the decline in subsidy and grant income as well as the widening foreign-exchange loss, among other factors (ordinary loss of ¥592 million in the same period of the previous year).」

    The decline in government grants and subsidy income was identified as a factor behind the ordinary loss. The income statement also shows no government grants or subsidy income for the current quarter, compared with ¥43 million in government grants and ¥59 million in subsidy income in the same period of the previous year.
  4. FY2023Decline in full-year subsidy incomeAnnual report

    「Subsidy income 328 216」

    Subsidy income declined from ¥328 million in the previous fiscal year to ¥216 million.
  5. FY2023-Q3Decline in cumulative third-quarter subsidy incomeAnnual report

    「Subsidy income 246 197」

    Subsidy income for the cumulative third quarter was ¥197 million, down from ¥246 million in the same period of the previous year.
  6. FY2023-Q2Decline in first-half subsidy incomeAnnual report

    「Subsidy income 168 162」

    Subsidy income for the cumulative second quarter was ¥162 million, down from ¥168 million in the same period of the previous year.
  7. FY2023-Q1Increase in first-quarter grant incomeAnnual report

    「Subsidy income 36 59」

    Subsidy income for the cumulative first quarter of the current fiscal year was ¥59 million, up from ¥36 million in the same period of the previous year.
  8. FY2022Decline in subsidy incomeAnnual report

    「Subsidy income 687 328」

    Subsidy income, including income related to COVID-19, declined from ¥687 million in the previous fiscal year to ¥328 million.
  9. FY2022-Q3Cumulative decline in subsidy incomeAnnual report

    「Subsidy income 637 246」

    Subsidy income, including income related to COVID-19, declined from ¥637 million in the same period of the previous year to ¥246 million.
  10. FY2022-Q2First-half subsidy income recordedAnnual report

    「Subsidy income 486 168」

    Subsidy income of ¥168 million was recorded for the cumulative second quarter of the current consolidated fiscal year, down from ¥486 million in the same period of the previous year.
  11. FY2022-Q1Recognition of subsidy income for the first quarterAnnual report

    「Non-operating income Interest income 9 12 Dividend income 5 5 Share of profit of investments accounted for using the equity method - 2 Government grants 56 - Subsidy income 28 36」

    Subsidy income, including income related to COVID-19, was ¥36 million for the cumulative first quarter, compared with ¥28 million in the same period of the previous year.
  12. FY2021Full-year recognition of government grantsAnnual report

    「As subsidy income of ¥687 million related to COVID-19 and other items was recorded as non-operating income, the amount was ¥2,835 million, up 34.9% from the previous consolidated fiscal year.」

    The company recorded ¥687 million in subsidy income related to COVID-19 for the full year and identified it as a factor contributing to the increase in ordinary income.
  13. FY2021-Q3Cumulative increase in subsidy incomeAnnual report

    「Ordinary income was ¥783 million, down 22.5% year on year, as the decline in operating income outweighed the ¥637 million in subsidy income related to COVID-19 and other items recorded as non-operating income.」

    Subsidy income related to COVID-19 increased from ¥486 million for the cumulative second quarter to ¥637 million for the cumulative third quarter.
  14. FY2021-Q2First statedAnnual report

    「Although subsidy income of ¥486 million related to COVID-19 and other items was recorded as non-operating income,」

    Subsidy income of ¥486 million related to COVID-19 was recorded as non-operating income.
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