Response to business closures through employment adjustment subsidies and business sustainability benefits
First written in FY2021-Q2. . Latest entry: FY2022.
0 other companies' latest entry also says "Other".
- FY2022Changed the classification of grant incomeAnnual report
「For the fiscal year under review, “Grant income” is recognized as non-operating income, while fixed costs during the state of emergency, including personnel expenses such as suspension allowances, rent and depreciation, are recognized in cost of sales and selling, general and administrative expenses.」
For employment adjustment subsidies and other subsidies during the pandemic, the classification was changed from extraordinary income in the previous fiscal year to non-operating income in the current fiscal year. - FY2021-Q2First statedAnnual report
「Employment adjustment subsidies and other subsidies for the suspension allowances and other payments made due to business closures and temporary layoffs during the state of emergency, as well as sustainability grants and other payments based on sales during the same period, are recognized as extraordinary income under “Grant income,” given their non-recurring nature.」
Received employment adjustment subsidies and other subsidies related to business closures and temporary layoffs, as well as sustainability grants and other payments based on sales, and recognized them as extraordinary income.