Tiemco (7501) · InitiativeRestated
Transfer of the Non-Life Insurance Agency Business
First written in FY2017-Q2. 1 of 2 entries say "Achieved", first in FY2017-Q2. Latest entry: FY2017.
2entries
2years
0from disclosures
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Transfer of non-life insurance agency business (7501)A theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2017RestatedAnnual report
「Proceeds from business transfer 7,700」
The ¥7.7 million in proceeds from the transfer of the non-life insurance agency business was restated in the statement of cash flows. - FY2017-Q2AchievedAnnual report
「② Description of the separated business The Company's non-life insurance agency business ④ Date of business separation 24 March 2017 ⑤ Matters concerning the overview of other transactions, including their legal form Business transfer for which the consideration received consisted solely of cash and other assets ① Amount of gain or loss on transfer ¥7.7 million」
The non-life insurance agency business was separated on 24 March 2017 through a business transfer for cash and other consideration, and a gain or loss on transfer of ¥7.7 million was recorded.