Recognition of COVID-19-related losses associated with business suspensions and event cancellations
First written in FY2021-Q1. 8 of 9 entries say "Restated". Latest entry: FY2023-Q2.
0 other companies' latest entry also says "Restated".
- FY2023-Q2RestatedAnnual report
「When operations were suspended or events were cancelled due to the impact of COVID-19, fixed costs incurred during the suspension period and costs directly incurred in preparing for and cancelling the relevant events are recognized as “COVID-19-related losses” under extraordinary losses in the quarterly consolidated statement of income.」
The company continues to recognize fixed costs and other expenses associated with business suspensions and event cancellations as COVID-19-related losses under extraordinary losses. Related losses for the six months ended the second quarter were ¥943 million. - FY2023-Q1RestatedAnnual report
「When operations were suspended or events were cancelled due to the impact of COVID-19, fixed costs incurred during the suspension period and costs directly incurred in preparing for and cancelling the relevant events are recognized as “COVID-19-related losses” under extraordinary losses in the quarterly consolidated statement of income.」
The company continues to recognize fixed costs and other expenses associated with business suspensions and event cancellations as COVID-19-related losses under extraordinary losses. Related losses for the first quarter were ¥368 million. - FY2022-Q3RestatedAnnual report
「In response to states of emergency declared by the government and other measures, when operations were suspended or events were cancelled, fixed costs incurred during the suspension period and costs directly incurred in preparing for and cancelling the relevant events are recognized as “COVID-19-related losses” under extraordinary losses in the quarterly consolidated statement of income.」
The company continues to recognize expenses associated with business suspensions and event cancellations as COVID-19-related losses under extraordinary losses. Related losses for the nine months ended the third quarter were ¥8.526 billion. - FY2022-Q2RestatedAnnual report
「In response to states of emergency declared by the government and other measures, when operations were suspended or events were cancelled, fixed costs incurred during the suspension period and costs directly incurred in preparing for and cancelling the relevant events are recognized as “COVID-19-related losses” under extraordinary losses in the quarterly consolidated statement of income.」
The company continues to recognize expenses associated with business suspensions and event cancellations as COVID-19-related losses under extraordinary losses. Related losses for the six months ended the second quarter were ¥7.448 billion. - FY2022-Q1RestatedAnnual report
「In response to states of emergency declared by the government and other measures, when operations were suspended or events were cancelled, fixed costs incurred during the suspension period and costs directly incurred in preparing for and cancelling the relevant events are recognized as “COVID-19-related losses” under extraordinary losses in the quarterly consolidated statement of income.」
The company continues to recognize expenses associated with business suspensions and event cancellations as COVID-19-related losses under extraordinary losses. Related losses for the first quarter were ¥5.037 billion. - FY2021RestatedAnnual report
「COVID-19-related losses comprise fixed costs incurred during periods when operations were suspended or events were cancelled in response to states of emergency declared by the government and requests from local governments to refrain from going out, as well as costs directly incurred in preparing for and cancelling the relevant events, which were recognized as extraordinary losses.」
The company continues to recognize expenses associated with business suspensions and event cancellations as extraordinary losses, and full-year COVID-19-related losses were ¥19.382 billion. - FY2021-Q3RestatedAnnual report
「In response to states of emergency declared by the government and requests from local governments to refrain from going out, when operations were suspended or events were cancelled, fixed costs incurred during the suspension period and costs directly incurred in preparing for and cancelling the relevant events are recognized as “COVID-19-related losses” under extraordinary losses in the quarterly consolidated statement of income.」
The company continues to recognize fixed costs and other expenses associated with business suspensions and event cancellations as COVID-19-related losses under extraordinary losses. Related losses for the nine months ended the third quarter were ¥15.357 billion. - FY2021-Q2RestatedAnnual report
「In response to states of emergency declared by the government and requests from local governments to refrain from going out, when operations were suspended or events were cancelled, fixed costs incurred during the suspension period and costs directly incurred in preparing for and cancelling the relevant events are recognized as “COVID-19-related losses” under extraordinary losses in the quarterly consolidated statement of income.」
The company continues to recognize fixed costs and other expenses associated with business suspensions and event cancellations as COVID-19-related losses under extraordinary losses. Related losses for the six months ended the second quarter were ¥13.685 billion. - FY2021-Q1First statedAnnual report
「In response to states of emergency declared by the government and requests from local governments to refrain from going out, when operations were suspended or events were cancelled, fixed costs incurred during the suspension period and costs directly incurred in preparing for and cancelling the relevant events are recognized as “COVID-19-related losses” under extraordinary losses in the quarterly consolidated statement of income.」
The company has disclosed for the first time its policy of classifying fixed costs and preparation and cancellation expenses associated with business suspensions and event cancellations as COVID-19-related losses and recognizing them as extraordinary losses. Related losses for the first quarter were ¥10.094 billion.