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KAPPA・CREATE CO.,LTD. (7421) · FactRestated

Recognition of Government and Local-Government Subsidies Related to COVID-19

First written in FY2022-Q2. 1 of 5 entries say "Restated". Latest entry: FY2023-Q3.

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ProgressHeldSoftenedWorseOtherFY2022-Q2 – FY2023-Q32021: 120212022: 320222023: 12023
Same theme, other companies
Recognition of COVID-19-related subsidies and reduced-hours cooperation payments as extraordinary gainsA theme 4 companies write about · 0 as a headwind · 4 as a tailwind

1 other company's latest entry also says "Restated".

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  1. FY2023-Q3RestatedAnnual report

    「Employment adjustment subsidies – Subsidies for cooperation with requests to shorten business hours – Total –」

    No COVID-19-related subsidies were recognized during the cumulative third-quarter period, compared with ¥2.524 billion recognized in the same period of the previous year.
  2. FY2023-Q1No COVID-19-related subsidies recognizedAnnual report

    「Subsidies for cooperation with requests to shorten business hours ¥769 million – Employment adjustment subsidies ¥138 million – Total ¥908 million –」

    The cumulative period of the current quarter included no recognition of the ¥908 million total in subsidies for cooperation with requests to shorten business hours and employment adjustment subsidies recognized in the same period of the previous year.
  3. FY2022Increase in subsidy incomeAnnual report

    「Employment adjustment subsidies ¥507 million Subsidies for cooperation with requests to shorten business hours ¥2.795 billion Total ¥3.302 billion」

    COVID-19-related subsidy income increased from ¥773 million in the previous fiscal year to ¥3.302 billion, contributing to an increase in net income.
  4. FY2022-Q3Increase in subsidy incomeAnnual report

    「Employment adjustment subsidies ¥358 million Subsidies for cooperation with requests to shorten business hours ¥2.165 billion Total ¥2.524 billion」

    COVID-19-related subsidy income increased from ¥28 million in the same period of the previous year to ¥2.524 billion in the cumulative third-quarter period. This comprised ¥358 million in employment adjustment subsidies and ¥2.165 billion in subsidies for cooperation with requests to shorten business hours.
  5. FY2022-Q2First statedAnnual report

    「This represents subsidy income from the national and local governments under special measures related to the COVID-19 pandemic.」

    Subsidy income of ¥2.378 billion was recognized during the cumulative second-quarter period. This comprised ¥310 million in employment adjustment subsidies and ¥2.068 billion in subsidies for cooperation with requests to shorten business hours, and contributed to an increase in profit before income taxes.
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KAPPA・CREATE CO.,LTD.'s next results are scheduled for 2026-11-06. Read the earnings preview
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