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Subaru (9778) · FactDropped

Recognition of Store Closure Losses and Related Provisions Associated with Classroom Closures

First written in FY2018-Q1. 1 of 5 entries say "Restated". Latest entry: FY2019-Q1.

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ProgressHeldSoftenedWorseOtherFY2018-Q1 – FY2019-Q12017: 220172018: 32018
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Recognition of a Provision for Losses on Store ClosuresA theme 6 companies write about · 6 as a headwind · 0 as a tailwind

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  1. FY2019-Q1DroppedAnnual report

    「Cumulative first-quarter period (1 March 2018 to 31 May 2018) There were no applicable matters.」

    Regarding the ¥19.5 million provision for store closure losses reported in the first quarter of the previous fiscal year, it states that there was no corresponding item in the first quarter of the current fiscal year.
  2. FY2018RestatedAnnual report

    「Restoration costs for buildings and equipment arising from classroom closures and other measures: ¥22.062 million.」

    It reiterates the recognition of ¥22.062 million in losses on classroom closures for restoration costs associated with buildings and equipment.
  3. FY2018-Q3Update to losses recognized on classroom closuresAnnual report

    「Restoration costs for buildings and equipment arising from classroom closures and other measures: ¥22.062 million.」

    The Company recognized ¥22.062 million in losses on classroom closures during the cumulative nine-month period as restoration costs for buildings and equipment associated with classroom closures.
  4. FY2018-Q2Update to provision amount and recognition of closure lossesAnnual report

    「To provide for losses arising from classroom closures and other measures, the Company estimated and recorded ¥19 million in expected future restoration costs for classrooms whose closure or other measure had been decided.」

    The provision for future restoration costs associated with classroom closures was updated to ¥19 million, and ¥3.062 million in losses on classroom closures was also recognized in the second quarter.
  5. FY2018-Q1First statedAnnual report

    「To provide for losses arising from classroom closures and other measures, the Company estimated and recorded ¥19.5 million in expected future restoration costs for classrooms whose closure or other measure had been decided.」

    For classrooms designated for closure, the Company estimated and recorded ¥19.5 million in future restoration costs as a provision for losses on classroom closures.
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Recognition of Store Closure Losses and Related Provisions Associated with Classroom Closures | SUBARU CO.,LTD. (9778) | Komori