Recognition of COVID-19-Related Losses Associated with Temporary Closures and Cancellation of Exhibition Sales Events
First written in FY2021-Q1. 2 of 6 entries say "Mitigated", first in FY2022-Q1. Latest entry: FY2022.
1 other company's latest entry also says "Mitigated".
- FY2022MitigatedAnnual report
「Because the amount of impairment losses arising from the closure of hot yoga stores and other factors in the preceding fiscal year decreased, and losses related to COVID-19 and other losses were no longer recognized」
Infectious disease-related losses recognized in the preceding fiscal year were not recognized in the current consolidated fiscal year, reducing extraordinary losses associated with infectious diseases. - FY2022-Q3RestatedAnnual report
「In addition, because impairment losses arising from the closure of hot yoga stores in the preceding fiscal year and losses related to COVID-19 were no longer recognized, profit attributable to owners of the parent was ¥1,219 million, up 113.1% year on year.」
The company reconfirmed that impairment losses arising from the closure of hot yoga stores and COVID-19-related losses recognized in the preceding fiscal year had not been recognized in the cumulative third quarter. - FY2022-Q1MitigatedAnnual report
「In addition, because impairment losses arising from the closure of hot yoga stores in the preceding fiscal year and losses related to COVID-19 were no longer recognized, profit attributable to owners of the parent was ¥439 million, compared with quarterly net profit of ¥20 million in the same period of the previous year.」
Impairment losses arising from the closure of hot yoga stores and COVID-19-related losses recognized in the same period of the previous fiscal year were not recognized in the current quarter. - FY2021Full-year recognition of infectious disease-related lossesAnnual report
「These consisted of fixed costs, including personnel expenses, land and rental costs and depreciation, incurred when the group’s stores were temporarily closed to prevent the spread of COVID-19 in response to the state of emergency declaration, as well as losses arising from the cancellation of exhibitions and sales events for prints.」
The company recognized ¥211.703 million in losses arising from temporary closures and the cancellation of exhibitions and sales events for the full fiscal year. - FY2021-Q3Breakdown of infectious disease-related expenses by businessAnnual report
「In addition, ¥61 million in COVID-19-related expenses was recognized as extraordinary losses. In addition, ¥150 million in COVID-19-related expenses was recognized as extraordinary losses.」
The company recognized COVID-19-related expenses of ¥61 million in its art-related business and ¥150 million in its health industry business. The business-by-business breakdown of cumulative losses of ¥211.703 million arising from temporary closures and other measures was presented. - FY2021-Q1First statedAnnual report
「These consisted of fixed costs, including personnel expenses, land and rental costs and depreciation, incurred when the group’s stores were temporarily closed to prevent the spread of COVID-19 in response to the state of emergency declaration, as well as losses arising from the cancellation of exhibitions and sales events for prints.」
In the first quarter, the company recognized ¥211.703 million in losses arising from temporary closures and the cancellation of exhibitions and sales events as extraordinary losses.