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Sanyo Shokai (8011) · FactDropped

Recognition of Fixed Costs Related to Store Closures as Extraordinary Losses

First written in FY2021-Q1. 1 of 5 entries say "Restated". Latest entry: FY2023-Q1.

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ProgressHeldSoftenedWorseOtherFY2021-Q1 – FY2023-Q12020: 220202021: 120212022: 22022
Same theme, other companies
Fixed-cost losses from facility closures due to COVID-19A theme 41 companies write about · 41 as a headwind · 0 as a tailwind

7 other companies' latest entry also says "Dropped".

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Showing 14 of the 41 companies compared. The sentences above are computed from all 41.
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  1. FY2023-Q1DroppedAnnual report

    「First-quarter consolidated cumulative period (from 1 March 2022 to 31 May 2022) Not applicable.」

    It states that no extraordinary loss related to fixed costs associated with store closures and other effects recorded in the previous fiscal year was applicable in the first quarter under review.
  2. FY2022Decrease in full-year amount recordedAnnual report

    「Current consolidated fiscal year Following the declaration of a state of emergency under the amended Special Measures Act (Act on Special Measures for Preparedness and Response to Influenza and Other Diseases), fixed costs and other expenses of ¥209 million associated with store closures lasting approximately 2 months were recorded as an extraordinary loss.」

    The extraordinary loss in fixed costs associated with store closures and other effects totaled ¥209 million for the full fiscal year, down from ¥1,364 million in the previous fiscal year, but closure-related losses continued to be recorded.
  3. FY2022-Q1Lower Amount RecognizedAnnual report

    「As a result of the declaration of a state of emergency under the amended Special Measures Act (Act on Special Measures for Preparedness and Response to Influenza and Other Diseases), fixed costs and other expenses of ¥209 million associated with store closures and other effects were recorded as an extraordinary loss.」

    An extraordinary loss of ¥209 million in fixed costs and other expenses associated with store closures and other effects was recorded. Although the amount was down from ¥1,364 million in the same period of the previous year, extraordinary losses associated with closures were still incurred.
  4. FY2021-Q2RestatedAnnual report

    「As a result of the declaration of a state of emergency under the amended Special Measures Act (Act on Special Measures for Preparedness and Response to Influenza and Other Diseases), fixed costs and other expenses of ¥1,364 million associated with store closures lasting approximately 2 months were recorded as an extraordinary loss.」

    It continues to describe the recording of an extraordinary loss of ¥1,364 million in fixed costs and other expenses associated with approximately 2 months of store closures resulting from the state of emergency.
  5. FY2021-Q1First statedAnnual report

    「As a result of the declaration of a state of emergency under the amended Special Measures Act (Act on Special Measures for Preparedness and Response to Influenza and Other Diseases), fixed costs and other expenses of ¥1,364 million associated with store closures lasting approximately 2 months were recorded as an extraordinary loss.」

    Due to store closures and other effects associated with the state of emergency, the Company recorded ¥1,364 million in fixed costs and other expenses, including ¥975 million in salaries and allowances, real estate rentals and depreciation, as an extraordinary loss.
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Recognition of Fixed Costs Related to Store Closures as Extraordinary Losses | SANYO SHOKAI LTD. (8011) | Komori