Liquidation of Sanyo Shokai New York, Inc.
First written in FY2019-Q3. 1 of 3 entries say "Advanced", first in FY2018. Latest entry: FY2023-Q2.
The whole theme swung hardest in 2025: 2 of 24 companies on the "Worse" side.
- FY2023-Q2AchievedAnnual report
「In addition, during the second quarter of the current consolidated fiscal year, サンヨーショウカイニューヨーク,INC., the Company's consolidated subsidiary, was removed from the scope of consolidation because its liquidation procedures had been completed.」
For サンヨーショウカイニューヨーク,INC., the liquidation procedures were completed during the second quarter of the current consolidated fiscal year following the resolution to liquidate the company and the recognition of related costs, and it was removed from the scope of consolidation. - FY2018AdvancedAnnual report
「Costs related to the liquidation of サンヨーショウカイニューヨーク,INC.: ¥160 million」
The Company recognized ¥160 million in costs associated with the resolution to liquidate its New York entity as business restructuring costs, and disclosed in its affiliated company information that liquidation was scheduled to be completed by the end of December 2019. - FY2019-Q3First statedAnnual report
「Cumulative third-quarter period of the current consolidated fiscal year Business restructuring costs: ¥31 million Business restructuring costs mainly comprise retirement payments and other expenses arising from the resolution to liquidate the Company's consolidated subsidiary サンヨーショウカイニューヨーク,INC.」
The Company recognized ¥31 million in business restructuring costs, including retirement payments and other expenses, in connection with the resolution to liquidate its consolidated subsidiary サンヨーショウカイニューヨーク,INC.