Dissolution and liquidation of 千葉中央魚類株式会社
First written in FY2023-Q2. 1 of 3 entries say "Advanced", first in FY2023-Q3. Latest entry: FY2023.
The whole theme swung hardest in 2024: 2 of 14 companies on the "Worse" side.
44 other companies' latest entry also says "Achieved".
- FY2023AchievedAnnual report
「千葉中央魚類株式会社, currently a consolidated subsidiary, was dissolved as of 31 January 2023.」
The planned dissolution of 千葉中央魚類 resulted in its actual dissolution as of 31 January 2023, and a ¥68 million loss on the liquidation of an affiliate was also recorded. - FY2023-Q3AdvancedAnnual report
「Provision for losses on the liquidation of affiliates 71」
In the quarter following the resolution to dissolve and liquidate 千葉中央魚類, ¥71 million was recorded as a provision for losses on the liquidation of affiliates, indicating that accounting procedures related to the liquidation were progressing. - FY2023-Q2First statedAnnual report
「At a meeting of its Board of Directors held on 26 August 2022, the Company resolved to dissolve and liquidate its consolidated subsidiary 千葉中央魚類株式会社. The consolidated subsidiary had faced difficult business conditions due to a continued decline in the volume of seafood handled and had pursued improvement measures, but profitability did not improve. Conditions became even more challenging due to reduced demand for seafood resulting from the impact of COVID-19, a shift to the Toyosu Market and various cost increases, including raw materials, and the Company determined that continuing the business would be difficult. Scheduled dissolution date: 31 January 2023」
The Company resolved on 26 August 2022 to dissolve and liquidate the consolidated subsidiary whose profitability had failed to improve due to declining seafood volumes, lower demand, a shift to the Toyosu Market and higher costs, including raw materials. The scheduled dissolution date was 31 January 2023.