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Yuasa Funashoku (8006) · FactAdvanced

Impairment Loss Related to the Decision to Demolish the Pearl Plaza Building

First written in FY2018-Q3. 1 of 3 entries say "Restated". Latest entry: FY2019.

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ProgressHeldSoftenedWorseFirst statedFY2018-Q3 – FY20182018: 220182019: 12019
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  1. FY2019AdvancedAnnual report

    「Profit attributable to owners of the parent was ¥1,167 million, up 3.3% year on year, despite the recording of a ¥318 million loss on disposal of fixed assets related to the demolition of the Pearl Plaza building in Funabashi, Chiba Prefecture, because impairment losses and losses on valuation of investment securities declined from the previous fiscal year.」

    A ¥318 million loss on disposal of fixed assets related to the demolition of the Pearl Plaza building and other assets was recorded, indicating that the matter had progressed from impairment recognition in the previous fiscal year to disposal.
  2. FY2018RestatedAnnual report

    「For one of the business-use properties in Chiba Prefecture, the company decided to proceed with demolition and recorded the full carrying amount as an impairment loss. The amount consisted of ¥258 million for buildings and structures, among other items.」

    The annual results finalized an impairment loss of ¥264 million related to the decision to demolish the Pearl Plaza building and other assets, including ¥258 million recorded in the Real Estate segment.
  3. FY2018-Q3First statedAnnual report

    「Profit attributable to owners of the parent was ¥908 million, down 7.4% year on year, mainly because the company recorded an impairment loss of ¥259 million related to its decision to demolish the Pearl Plaza building in Funabashi, Chiba Prefecture, which had been closed last year." An impairment loss of ¥258 million was recorded in the Real Estate segment."」

    In connection with the decision to demolish the Pearl Plaza building, which was closed last year, an impairment loss of ¥259 million was recorded, of which ¥258 million was recorded in the Real Estate segment.
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