Revolution (8894) · RiskMitigated
Extraordinary losses from the settlement difference with creditors and late-payment damages
First written in FY2019-Q1. 2 of 4 entries say "Restated". Latest entry: FY2020-Q1.
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Extraordinary losses from the settlement difference with creditors and late-payment damagesA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
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- FY2020-Q1MitigatedAnnual report
「Late-payment damages 70,789 —」
Although ¥70.789 million in late-payment damages was recorded in the previous corresponding quarter, no late-payment damages were recorded in extraordinary losses for the cumulative first-quarter period under review. - FY2019-Q3RestatedAnnual report
「Total extraordinary loss 70,789.」
The company restated the recording of ¥70.789 million in late-payment damages arising from repayment to creditors as an extraordinary loss. - FY2019-Q2RestatedAnnual report
「Total extraordinary loss 70,789.」
The company continued to record ¥70.789 million in late-payment damages arising from repayment to creditors as an extraordinary loss. - FY2019-Q1MaterialisedAnnual report
「The company recorded lower revenue and lower profit year on year in the corresponding quarter, due in part to the absence of a sale of real estate held for sale such as that in the previous fiscal year, expenses related to the extraordinary general meeting of shareholders, and an extraordinary loss arising from the difference between the liabilities recognized by the company and the repayment amount, despite reaching an agreement with creditors on repayment.」
The difference between the liabilities recognized by the company and the repayment amount arising from the repayment agreement with creditors actually resulted in an extraordinary loss, and the income statement recorded ¥70.789 million in late-payment damages.