Shochiku (9601) · FactReframed
Recognition of a Provision for Litigation Losses
First written in FY2024-Q3. 1 of 2 entries say "Reframed", first in FY2024. Latest entry: FY2024.
2entries
1years
0from disclosures
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Transfer and recognition from a litigation-loss provision to settlement paymentA theme 3 companies write about · 3 as a headwind · 0 as a tailwind
0 other companies' latest entry also says "Reframed".
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- FY2024ReframedAnnual report
「Litigation settlement payment — 192」
The disclosure changed from recognition of a ¥192 million provision for litigation losses in the previous year to recognition of a ¥192 million litigation settlement payment in the current fiscal year in connection with litigation involving a tenant of a building held by the Company. - FY2024-Q3First statedAnnual report
「Provision for litigation losses — 192」
During the first nine months of the current consolidated fiscal year, the Company recognized a ¥192 million provision for litigation losses as an extraordinary loss. A ¥192 million provision for litigation losses was also recorded on the balance sheet.