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Hokkaido Gas (9534) · FactReversal gain on compensation received in prior fiscal years was recorded again.

Recognition of Gains on Sales of Non-Current Assets

First written in FY2019-Q2. 1 of 4 entries say "Restated". Latest entry: FY2023.

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ProgressHeldSoftenedWorseFirst statedFY2019-Q2 – FY20232018: 12019: 120192020: 120202021: 020212022: 020222023: 12023
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  1. FY2023Reversal gain on compensation received in prior fiscal years was recorded again.Annual 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 ¥408 million reversal gain related to compensation for road land received in prior fiscal years was recorded as extraordinary income.
  2. FY2020-Q3DroppedAnnual report

    「In the cumulative third quarter of the previous fiscal year, a ¥657 million gain on the sale of fixed assets was recorded as extraordinary income. In the cumulative third quarter of the current fiscal year, however, no extraordinary gains or losses were recorded, and, as a result of recording income taxes and other taxes, profit attributable to owners of the parent increased 3.8% year on year to ¥613 million.」

    The ¥657 million gain on the sale of fixed assets recorded in the same period of the previous year was not recorded in the current quarter, resulting in no extraordinary gains or losses being recorded.
  3. FY2019-Q3RestatedAnnual report

    「Profit attributable to owners of the parent increased 763.5% year on year to ¥590 million, as a gain on the sale of fixed assets of ¥657 million was recorded as extraordinary income and income taxes and other taxes were recorded.」

    The recording of the ¥657 million gain on the sale of fixed assets continued to be cited as a factor behind the increase in quarterly profit attributable to owners of the parent.
  4. FY2019-Q2First statedAnnual report

    「Profit attributable to owners of the parent increased 90.5% year on year to ¥1,006 million, as a gain on the sale of fixed assets of ¥657 million was recorded as extraordinary income and income taxes and other taxes were recorded.」

    The ¥657 million gain on the sale of fixed assets was recorded as extraordinary income, contributing to the increase in profit attributable to owners of the parent.
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Hokkaido Gas's next results are scheduled for 2026-10-29. Read the earnings preview
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