Lower Profit Due to Investment Property Gains Recorded in the Previous Year
First written in FY2016-Q3. 1 of 3 entries say "Restated". Latest entry: FY2020.
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- FY2020DroppedAnnual report
「Net profit attributable to owners of the parent was affected by the recording as extraordinary income of expropriation compensation arising in the first quarter and a gain on the sale of investment securities arising in the fourth quarter,」
This filing does not indicate a decline in profit due to the reversal of the previous year's gain on the sale of investment property. Instead, it describes expropriation compensation and gains on the sale of investment securities as factors behind the change in net profit for the current period. - FY2016RestatedAnnual report
「The main reason for the decline in profit attributable to owners of the parent was the recording of a gain of ¥83 million on the sale of investment property as extraordinary income in the previous consolidated fiscal year.」
The company also explains the full-year decline in net profit as a reversal of the gain on the sale of investment property recorded in the previous year. - FY2016-Q3First statedAnnual report
「The main reason for the decline in profit was that a gain on the sale of investment property had been recorded as extraordinary income in the previous corresponding period.」
Identifies the absence of the previous year's gain on the sale of investment property as the main reason for lower profit.