Topy Industries,Limited (7231) · RiskRestated
One-time costs related to the acquisition of 旭テック
First written in FY2019-Q2. 1 of 2 entries say "Materialised", first in FY2019-Q2. Latest entry: FY2019-Q3.
2entries
2years
0from disclosures
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Same theme, other companies
Earnings pressure from unplanned acquisition-related expensesA theme 10 companies write about · 10 as a headwind · 0 as a tailwind
0 other companies' latest entry also says "Restated".
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- FY2019-Q3RestatedAnnual report
「On the other hand, there were factors reducing earnings, including higher costs due to rising material prices and one-off costs related to acquisitions.」
One-time acquisition-related costs continued to be cited, along with rising material prices and other factors, as contributing to lower profit. - FY2019-Q2MaterialisedAnnual report
「However, in addition to a substantial increase in costs due to higher prices for auxiliary materials for steelmaking and other items, one-off costs related to the acquisition of 旭テック株式会社 were incurred. Operating income was ¥3,336 million, down 7.4% year on year, ordinary income was ¥3,369 million, down 15.8%, and net income attributable to owners of the parent was ¥2,227 million, down 19.5%.」
One-off costs related to the acquisition of 旭テック株式会社 were incurred and cited as a factor behind the declines in operating income, ordinary income, and quarterly net income attributable to owners of the parent.