Lower depreciation expense resulting from the reduction in assets used in the welfare business
First written in FY2020-Q1. 3 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2025: 3 of 37 companies on the "Worse" side.
0 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「Revenue from the welfare business fell to ¥403 million because of lower day-service income, a decrease of ¥6 million, or 1.5%, from the previous fiscal year. Although interior repairs were also carried out in the second quarter as part of the business reform, the segment loss fell to ¥6 million because depreciation expense decreased following the reduction of the carrying amount of fixed assets to their recoverable amount in the previous fiscal year, an improvement of ¥37 million from the previous fiscal year.」
The decrease in depreciation expense resulting from the reduction in welfare business assets in the previous fiscal year continued to contribute to improving the loss in the current fiscal year. - FY2020-Q3RestatedAnnual report
「Depreciation expense fell to ¥4 million because the carrying amount of operating assets was reduced to their recoverable amount in the previous fiscal year, an improvement of ¥24 million year on year.」
The decrease in depreciation expense resulting from the reduction in welfare business assets in the previous fiscal year also contributed to an improvement in the segment loss for the cumulative third quarter. - FY2020-Q2RestatedAnnual report
「Depreciation expense fell to ¥13 million because the carrying amount of operating assets was reduced to their recoverable amount in the previous fiscal year, an improvement of ¥8 million year on year.」
The decrease in depreciation expense resulting from the reduction in welfare business assets in the previous fiscal year also contributed to an improvement in the segment loss for the cumulative period. - FY2020-Q1First statedAnnual report
「Depreciation expense fell to ¥3 million because the carrying amount of operating assets was reduced to their recoverable amount in the previous fiscal year, an improvement of ¥13 million year on year.」
Reducing the carrying amount of assets used in the welfare business to their recoverable amount in the previous fiscal year reduced depreciation expense during the quarter, contributing to an improvement in segment profit for the welfare business.