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Yamaya (9994) · FactNo subsidies or cooperation payments recognized

Recognition of Employment Adjustment Subsidies and Cooperation Grants for Preventing the Spread of Novel Infectious Diseases

First written in FY2022-Q1. 1 of 8 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2024.

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ProgressHeldSoftenedWorseAdvancedFY2022-Q2OtherFY2023-Q1 – FY20242021: 220212022: 220222023: 320232024: 12024
Same theme, other companies
Recognition of COVID-19-related subsidy income as non-operating incomeA theme 9 companies write about · 0 as a headwind · 9 as a tailwind

6 other companies' latest entry also says "Other".

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  1. FY2024No subsidies or cooperation payments recognizedAnnual report

    「Employment adjustment subsidies — Cooperation payments for preventing the spread of the novel infectious disease —」

    The employment adjustment subsidies and cooperation payments for preventing the spread of the novel infectious disease recognized through the same period of the previous year were not recognized in the consolidated fiscal year under review.
  2. FY2024-Q2RestatedAnnual report

    「Employment adjustment subsidies 40 — Cooperation payments for preventing the spread of the novel infectious disease 21 —」

    The employment adjustment subsidies and cooperation payments for preventing the spread of the novel infectious disease recognized in the same period of the previous year continued not to be recognized in the quarter under review.
  3. FY2024-Q1Cooperation payments and subsidies no longer recognizedAnnual report

    「Employment adjustment subsidies 36 — Cooperation payments for preventing the spread of the novel infectious disease 21 —」

    The employment adjustment subsidies of ¥36 million and cooperation payments of ¥21 million recognized in the same period of the previous year were not recognized in the quarter under review.
  4. FY2023-Q3Cooperation payments and other support remain at low levelsAnnual report

    「In the food-service business, revenue was recovering as restrictions on activities related to COVID-19 were eased, but the pace of recovery was too slow to reach the break-even revenue level, and recognition of cooperation payments for preventing the spread of the novel infectious disease and other items declined.」

    Although food-service revenue was recovering, it remained below the break-even revenue level, and the decline in recognition of cooperation payments and other items continued.
  5. FY2023-Q2Sharp decline in cooperation payments and other supportAnnual report

    「In addition, recognition of cooperation payments for preventing the spread of the infection and other items declined.」

    Cooperation payments for preventing the spread of the novel infectious disease declined from ¥4,803 million in the same period of the previous year to ¥21 million, while employment adjustment subsidies declined from ¥1,144 million to ¥40 million, contributing to the decline in ordinary profit.
  6. FY2023-Q1Sharp decline in cooperation payments and other supportAnnual report

    「In the food-service business, revenue gradually recovered as restrictions on activities were lifted, but the pace of recovery was too slow to reach the break-even revenue level, and recognition of cooperation payments for preventing the spread of the novel infectious disease and other items declined.」

    Cooperation payments for preventing the spread of the novel infectious disease declined from ¥2,573 million in the same period of the previous year to ¥21 million, while employment adjustment subsidies declined from ¥549 million to ¥36 million, contributing to the decline in ordinary profit.
  7. FY2022-Q2AdvancedAnnual report

    「Other operating income included ¥1,144 million in employment adjustment subsidies applied for by CHIMNEY CO.,LTD. and other group companies, and ¥4,803 million in cooperation payments for shortening store operating hours and closing stores to help prevent the spread of the novel infectious disease. Of this amount, ¥922 million represented cooperation payments for measures implemented through 31 March 2021, and ¥3,881 million represented payments for measures implemented from 1 April to 30 September.」

    The company recognized ¥1,144 million in employment adjustment subsidies and ¥4,803 million in cooperation payments for preventing the spread of the infection as other operating income. Of the cooperation payments, ¥3,881 million related to measures implemented from April through September 2021.
  8. FY2022-Q1First statedAnnual report

    「Other operating income included ¥549 million in employment adjustment subsidies applied for by CHIMNEY CO.,LTD. and other group companies, and ¥2,573 million in cooperation payments for shortening store operating hours and closing stores to help prevent the spread of the novel infectious disease. Of this amount, ¥922 million represented cooperation payments for measures implemented through 31 March 2021, and ¥1,650 million represented payments for measures implemented from 1 April to 20 June.」

    The company recognized ¥549 million in employment adjustment subsidies and ¥2,573 million in cooperation payments for preventing the spread of the novel infectious disease as other operating income. Of the cooperation payments, ¥922 million related to measures implemented through 31 March 2021, and ¥1,650 million related to measures implemented from 1 April to 20 June 2021.
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Recognition of Employment Adjustment Subsidies and Cooperation Grants for Preventing the Spread of Novel Infectious Diseases | YAMAYA CORPORATION (9994) | Komori