Compensation for the Expropriation of Land for Road Use Associated with Urban Planning
First written in FY2021-Q3. 1 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2023.
The whole theme swung hardest in 2018: 1 of 9 companies on the "Worse" side.
34 other companies' latest entry also says "Other".
- FY2023Reversal gain recorded on expropriation compensation from prior yearsAnnual report
「As a ¥408 million reversal gain related to compensation received in 2020 for road land acquired in connection with an urban planning project was recorded as extraordinary income, profit attributable to owners of the parent increased 90.2% year on year to ¥9,963 million.」
A reversal gain of ¥408 million was recorded in the current fiscal year on compensation received in 2020 for road land. - FY2022-Q3DroppedAnnual report
「In the nine-month period of the previous fiscal year, extraordinary income of ¥538 million was recorded from the sale of road land for urban planning and other transactions. As no extraordinary gains or losses were recorded in the nine-month period of the current fiscal year, quarterly net income attributable to owners of the parent increased 2.0% year on year to ¥657 million.」
The ¥538 million in extraordinary income related to road land for urban planning recorded in the same period of the previous year was not recorded in the nine-month period of the current fiscal year. - FY2021AdvancedAnnual report
「Expropriation compensation － ¥540.281 million」
Expropriation compensation of ¥540.281 million relating to road land for urban planning was recorded as extraordinary income for the full fiscal year. - FY2021-Q3First statedAnnual report
「In addition, as a result of recording extraordinary income from the sale of road land for urban planning and other transactions, as well as income taxes and other taxes, quarterly net income attributable to owners of the parent increased 5.1% year on year to ¥644 million.」
Extraordinary income was recorded from the sale of road land for urban planning and other transactions. In the quarterly consolidated statement of income, ¥538.817 million was disclosed as expropriation compensation, contributing to the increase in net income.