Atlas Technologies (9563) · FactProvision for losses on order contracts eliminated
Provision for losses on contracts expected to incur losses
First written in FY2024-H1. . Latest entry: FY2025-H1.
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Release of the Provision for Losses on Contracts Expected to Incur LossesA theme 148 companies write about · 147 as a headwind · 1 as a tailwind
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Showing 14 of the 148 companies compared. The sentences above are computed from all 148.Full recordFilings, disclosures and news, newest first
- FY2025-H1Provision for losses on order contracts eliminatedAnnual report
「Related to work in process ¥881 thousand — ¥0」
The provision for losses on order contracts related to work in process declined from ¥881 thousand at the previous consolidated fiscal year-end to zero at the end of the current interim consolidated accounting period. - FY2024Increase in Provision for Losses on OrdersAnnual report
「The amount of the provision for losses on order contracts corresponding to the offset work in process is as follows. Work in process: ¥265 thousand; ¥881 thousand」
The provision for losses on order contracts increased from ¥265 thousand in the previous year to ¥881 thousand in the current year. - FY2024-H1First statedAnnual report
「Work in process related to order contracts expected to be loss-making is offset against the corresponding provision for losses on order contracts. The amount of the provision corresponding to the offset work in process is as follows.」
The company discloses the accounting treatment of offsetting work in process related to loss-making order contracts against the corresponding provision for losses on order contracts. The provision declined from ¥265 thousand at 31 December 2023 to ¥0 at 30 June 2024.