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Litalico (7366) · FactCited as achieved

Equity-method investment loss relating to 株式会社Olive Union

First written in FY2022-Q3. 1 of 8 entries say "Reframed", first in FY2023. Latest entry: FY2024.

8entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2022-Q3 – FY2023-Q3AchievedFY2024-Q12022: 420222023: 320232024: 12024
Same theme, other companies
Recognition of Losses on Equity-Method InvestmentsA theme 93 companies write about · 93 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2023: 19 of 73 companies on the "Worse" side.

0 other companies' latest entry also says "Cited as achieved".

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Showing 14 of the 93 companies compared. The sentences above are computed from all 93.
Full recordFilings, disclosures and news, newest first
  1. FY2024Cited as achievedAnnual report

    「The company sold all shares of 株式会社Olive Union, an equity-method affiliate it held, effective 31 May 2023. As a result, it recorded the ¥1,058 million gain on the sale of an investment accounted for under the equity method as “finance income.”」

    The full-year financial results stated that all shares of Olive Union had been sold and that Olive Union had been excluded as an equity-method affiliate, with a ¥1,058 million gain on the sale recorded.
  2. FY2024-Q1AchievedAnnual report

    「The company sold all shares of 株式会社Olive Union, an equity-method affiliate it held, effective 31 May 2023. As a result of the share sale, 株式会社Olive Union ceased to be an equity-method affiliate of the company and was excluded from the scope of consolidation.」

    The company sold all shares of Olive Union on 31 May 2023, and Olive Union ceased to be an equity-method affiliate. In the first quarter, the company recorded a ¥1,058 million gain on the sale as finance income.
  3. FY2023ReframedAnnual report

    「Ordinary profit was ¥2,809 million, up 25.4% from the previous fiscal year, partly because the equity-method investment loss on 株式会社Olive Union was ¥287 million. The company has recently been strengthening its M&A activities and decided to sell these shares from an asset-allocation perspective.」

    The equity-method investment loss on Olive Union reached ¥287 million for the full year, while all shares held were sold on 31 May 2023, and Olive Union ceased to be an equity-method affiliate. The focus shifted from continued ownership and investment losses to a review of asset allocation and a sale accompanying the strengthening of M&A activities.
  4. FY2023-Q3Equity-method investment loss recorded in the third quarterAnnual report

    「Ordinary profit was ¥2,030 million, up 30.2% year on year, partly because the equity-method investment loss on 株式会社Olive Union was ¥208 million」

    The company recorded a ¥208 million equity-method investment loss on 株式会社Olive Union for the cumulative third-quarter period.
  5. FY2023-Q2Equity-method investment loss recorded in the second quarterAnnual report

    「Ordinary profit was ¥1,219 million, up 41.0% year on year, partly because the equity-method investment loss on 株式会社Olive Union was ¥111 million」

    The company recorded a ¥111 million equity-method investment loss on 株式会社Olive Union for the cumulative second-quarter period.
  6. FY2023-Q1Equity-method investment loss recorded in the first quarterAnnual report

    「Ordinary profit was ¥619 million, up 89.3% year on year, partly because the equity-method investment loss on 株式会社Olive Union was ¥71 million」

    The company recorded a ¥71 million equity-method investment loss on 株式会社Olive Union in the first quarter.
  7. FY2022Full-year recognition of equity-method investment lossesAnnual report

    「Ordinary profit was ¥2,241 million, up 56.9% from the previous fiscal year, partly because the equity-method investment loss on 株式会社Olive Union was ¥217 million」

    The equity-method investment loss on Olive Union increased from ¥154 million for the nine months ended Q3 to ¥217 million for the full year.
  8. FY2022-Q3First statedAnnual report

    「Ordinary profit was ¥1,560 million, up 47.1% year on year, partly because the equity-method investment loss on 株式会社Olive Union was ¥154 million」

    The company recorded a ¥154 million equity-method investment loss on 株式会社Olive Union as a non-operating expense.
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Equity-method investment loss relating to 株式会社Olive Union | LITALICO Inc. (7366) | Komori