Loss on valuation of investment and provision for losses associated with the liquidation of HONG KONG HACHIBAN TRADING LTD.
First written in FY2024-Q3. 1 of 5 entries say "Restated". Latest entry: FY2026.
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- FY2026Completion of liquidation of the Hong Kong subsidiaryAnnual report
「HONG KONG HACHIBAN TRADING LTD. completed its liquidation proceedings on 18 February 2026.」
The liquidation proceedings for HONG KONG HACHIBAN TRADING LTD., which had continued from the previous fiscal year, were completed on 18 February 2026. - FY2025RestatedAnnual report
「Our Group, comprising the Company and its affiliates, consists of the Company, HACHI-BAN CO.,LTD., 3 subsidiaries and 1 affiliate. HONG KONG HACHIBAN TRADING LTD. is not included because it was undergoing liquidation proceedings as of 20 March 2025.」
The Hong Kong subsidiary remained in liquidation proceedings and continued to be excluded from the list of consolidated entities. - FY2025-Q1Progress in closing the Hong Kong storeAnnual report
「As of 20 June 2024, we were operating 1 store in Hong Kong, but it closed on 7 July.」
For the Hong Kong business, it was disclosed that the 1 store operating as of 20 June 2024 closed on 7 July, marking progress in the previously indicated downsizing and withdrawal. - FY2024Recognition of a liquidation loss on the Hong Kong subsidiaryAnnual report
「The valuation loss on investments in affiliates relates to the investment in HONG KONG HACHIBAN TRADING LTD., for which ¥59.920 million was recorded as an extraordinary loss. To provide for losses associated with the liquidation of HONG KONG HACHIBAN TRADING LTD., an affiliate of the Company, an estimated loss of ¥13.099 million was recorded as an extraordinary loss.」
In connection with the liquidation of the Hong Kong subsidiary, recorded a ¥59.920 million valuation loss on the investment and ¥13.099 million in provision expense for liquidation losses. - FY2024-Q3First statedAnnual report
「The valuation loss on investments in affiliates relates to the investment in HONG KONG HACHIBAN TRADING LTD., for which ¥59.920 million was recorded as an extraordinary loss. To provide for losses associated with the liquidation of HONG KONG HACHIBAN TRADING LTD., an affiliate of the Company, an estimated loss of ¥2.520 million was recorded as an extraordinary loss.」
In connection with the liquidation of HONG KONG HACHIBAN TRADING LTD., recorded a ¥59.920 million valuation loss on the investment and a ¥2.520 million provision for estimated liquidation-related losses.