Shobido (7819) · FactGain on sale of equity interest recognized after downsizing the China business
Business rationalization loss associated with downsizing Chinese operations
First written in FY2023. . Latest entry: FY2024.
2entries
2years
0from disclosures
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Business Structural Reform through Domestic and Overseas Asset Rationalization and Subsidiary ReorganizationA theme 25 companies write about · 3 as a headwind · 21 as a tailwind
The whole theme swung hardest in 2026: 1 of 8 companies on the "Worse" side.
0 other companies' latest entry also says "Other".
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Showing 14 of the 25 companies compared. The sentences above are computed from all 25.Full recordFilings, disclosures and news, newest first
- FY2024Gain on sale of equity interest recognized after downsizing the China businessAnnual report
「The equity interest was transferred on 2 January 2024. … Amount of gain or loss on transfer: ¥97.814 million」
An equity interest in the Chinese sub-subsidiary involved in the contact lens business was transferred, and the company moved from recognizing a business restructuring loss in the previous fiscal year to recognizing a gain on sale of equity interest of ¥97.814 million in the current fiscal year. - FY2023First statedAnnual report
「The business restructuring loss resulted from the downsizing of consolidated subsidiary Shobido Daily Necessities (Shanghai) Co., Ltd. and comprised ¥57.460 million in employee separation-related costs, ¥37.822 million in inventory valuation losses and ¥14.050 million in other costs.」
The company recognized a business restructuring loss of ¥109.333 million as an extraordinary loss in connection with the downsizing of its Chinese subsidiary, including employee separation-related costs and inventory valuation losses.