Dissolution and Liquidation of Langfang Nakamoto Packaging Co., Ltd. and Related Losses
First written in FY2022-Q2. 3 of 9 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2025.
The whole theme swung hardest in 2026: 4 of 12 companies on the "Worse" side.
15 other companies' latest entry also says "Other".
- FY2025Losses on liquidation of an affiliate and special retirement payments continue to be recognizedAnnual report
「Following the decision by the Board of Directors at its meeting held on 8 October 2021 to dissolve 廊坊中本包装有限公司, a consolidated subsidiary of the Company, economic compensation payments to employees of ¥30.036 million were recorded as special retirement benefits under extraordinary losses.」
In connection with the dissolution and liquidation of 廊坊中本包装有限公司, special retirement benefits of ¥30.036 million were recorded again in the current fiscal year. Loss on liquidation of affiliated companies of ¥153.823 million was also recorded as a non-operating expense. - FY2025-H1Losses on liquidation of an affiliate and special retirement payments continue to be recognizedAnnual report
「Loss on liquidation of affiliated companies ¥113.814 million Special retirement benefits ¥31.039 million」
Loss on liquidation of affiliated companies of ¥113.814 million and special retirement benefits of ¥31.039 million were recorded as losses associated with the liquidation of affiliated companies. - FY2025-Q1Losses on the liquidation of affiliated companies and special retirement benefits recordedAnnual report
「Loss on liquidation of affiliated companies: ¥95.596 million Special retirement benefits: ¥29.446 million」
During the first quarter of the fiscal year, loss on liquidation of affiliated companies of ¥95.596 million and special retirement benefits of ¥29.446 million were recorded. - FY2023AdvancedAnnual report
「The increase from proceeds of ¥342 million from the sale of property, plant and equipment, among other factors, was less than the decrease from payments of ¥1,213 million for the acquisition of property, plant and equipment, including production and processing equipment.」
Following the decision to dissolve 廊坊中本包装有限公司, the Company proceeded with sales of property, plant and equipment while continuing to invest in production and processing equipment. - FY2023-Q3AdvancedAnnual report
「Following the decision by the Board of Directors at its meeting held on 8 October 2021 to dissolve 廊坊中本包装有限公司, a consolidated subsidiary of the Company, property, plant and equipment was sold, among other factors. As a result, the balance decreased by ¥76 million from the end of the previous consolidated fiscal year to ¥15,055 million. Gain on sale of property, plant and equipment: ¥74.853 million」
As part of the response following the decision to dissolve 廊坊中本包装有限公司, the sale of property, plant and equipment continued, and a gain on the sale of ¥74.853 million was recorded. - FY2023-Q2AdvancedAnnual report
「Proceeds from the sale of property, plant and equipment: ¥363.775 million」
As part of the response following the decision to dissolve 廊坊中本包装有限公司, the sale of property, plant and equipment progressed, and proceeds of ¥363.775 million were recorded. - FY2022Full-year recognition of losses related to the dissolutionAnnual report
「Following the decision by the Board of Directors at its meeting held on 8 October 2021 to dissolve 廊坊中本包装有限公司, a consolidated subsidiary of the Company, the carrying amount was reduced to its recoverable amount, and the reduction of ¥30.059 million was recorded as an impairment loss under extraordinary losses. Compensation payments to employees of ¥134.889 million were recorded as special retirement benefits under extraordinary losses.」
Following the decision to dissolve 廊坊中本包装有限公司, impairment loss of ¥30.059 million and special retirement benefits of ¥134.889 million were recorded for the full year. - FY2022-Q3RestatedAnnual report
「However, on 8 October 2021, we resolved to dissolve and liquidate 廊坊中本包装有限公司. The liquidation is expected to be completed once the necessary procedures under local laws and regulations have been completed.」
The decision to dissolve and liquidate 廊坊中本包装有限公司 continues to be disclosed, with liquidation expected to be completed after the necessary procedures are completed. In the third quarter, impairment loss of ¥29.490 million and special retirement benefits of ¥128.496 million were also recorded. - FY2022-Q2First statedAnnual report
「However, on 8 October 2021, we resolved to dissolve and liquidate 廊坊中本包装有限公司. The liquidation is expected to be completed once the necessary procedures under local laws and regulations have been completed.」
The resolution to dissolve and liquidate 廊坊中本包装有限公司 was disclosed for the first time, and impairment losses of ¥28.121 million, special retirement allowances of ¥122.389 million and total extraordinary losses of ¥152.155 million were recorded in connection with it.