OXIDE Corporation
Notice Regarding Recording of Extraordinary Gain (Subsidy Income) and Extraordinary Loss (Fixed Asset Compression Loss)
Recorded subsidy income of 96 million yen as an extraordinary gain and recorded compression loss of fixed assets of 92 million yen as an extraordinary loss. The impacts are reflected in the revised full-year consolidated earnings forecast.
Key Figures
- Subsidy income: 96 million yen
- Fixed asset compression loss: 92 million yen
- Impact: Reflected in the revision of the full-year consolidated earnings forecast
AI要約
Recording of Extraordinary Gain and Extraordinary Loss
A consolidated subsidiary received a subsidy related to NEDO's Green Innovation Fund project and recorded 96 million yen as subsidy income under extraordinary gains. Meanwhile, due to compression accounting applied to the acquired fixed assets, 92 million yen was recorded as a fixed asset compression loss under extraordinary losses. These have been reflected in the full-year consolidated earnings forecast revision announced today.
Impact on Earnings Outlook
The subsidy income and compression loss will be reflected in the revision of the full-year consolidated earnings forecast. Specific figures and the breakdown of the new forecast are described in this document, and additional information may be disclosed in future announcements.
OXIDE Corporation
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