Onoken (7414) · RiskNo payment of subcontracting charge refunds
Risk of Refunding Subcontracting Payments Due to Subcontract Act Violations
First written in FY2018. 2 of 3 entries say "Materialised", first in FY2018. Latest entry: FY2020-Q2.
3entries
2years
0from disclosures
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Same theme, other companies
Japan Fair Trade Commission Recommendation for Subcontract Act Violations (2019–2020)A theme 2 companies write about · 2 as a headwind · 0 as a tailwind
0 other companies' latest entry also says "Other".
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Full recordFilings, disclosures and news, newest first
- FY2020-Q2No payment of subcontracting charge refundsAnnual report
「Amount paid for subcontracting charge refunds △ 293 -」
A payment of ¥293 million in subcontracting charge refunds was made in the same period of the previous year, but no payment was recorded in the current quarter. No new refund event or elimination of the risk was disclosed. - FY2019-Q2MaterialisedAnnual report
「Amount paid for subcontracting charge refunds △ 293」
A payment of ¥293 million in subcontracting charge refunds was recorded in cash flows from operating activities. The refund event recognized in the previous fiscal year resulted in an actual payment. - FY2018MaterialisedAnnual report
「Regarding subcontracting charge refunds, following an investigation by the Japan Fair Trade Commission concerning the Act against Delay in Payment of Subcontracting Charges, etc. to Subcontractors, we recorded the amounts deducted from payments to subcontractors.」
Following an investigation by the Japan Fair Trade Commission, the amounts deducted from payments to subcontractors were recorded as refunds. Subcontracting charge refunds amounted to ¥293 million, indicating that a compliance-related event had actually occurred.