Anabuki Kosan (8928) · RiskChange from provision for litigation losses to recognition of settlement payment
Recognition of a Provision for Litigation Losses
First written in FY2021-Q1. 1 of 2 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2021-Q2.
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Transfer and recognition from a litigation-loss provision to settlement paymentA theme 3 companies write about · 3 as a headwind · 0 as a tailwind
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- FY2021-Q2Change from provision for litigation losses to recognition of settlement paymentAnnual report
「Provision for litigation losses: ¥50 million to nil. Settlement payment: nil to ¥200 million.」
The provision for litigation losses, which was ¥50 million at the end of the previous consolidated fiscal year, fell to nil at the end of the current quarter, while a ¥200 million settlement payment was recognized as an extraordinary loss during the cumulative second quarter of the current consolidated fiscal year. - FY2021-Q1MaterialisedAnnual report
「Provision for litigation losses—¥200 million」
A ¥200 million provision for litigation losses was recognized as an extraordinary loss during the cumulative first quarter of the current consolidated fiscal year, bringing the provision for litigation losses at the end of the quarter to ¥250 million. The body of the report did not describe the details of the litigation.