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| Extraordinary gains saw approximately 5 billion yen (a cash inflow of 11.9 billion yen) come in through the gain on sale of investment securities in preparation for the share buyback in October. In the third quarter of the previous fiscal year, the termination of consignment production of Isuzu vehicles at SIA caused an impairment loss on leased facilities. This was offset by amortization of consolidation adjustments, and an extraordinary gain of 2.5 billion yen was posted. There were extraordinary losses of 5.6 billion yen derived from the dissolution of the strategic alliance with GM and the cancellation of joint development with Saab. Additionally, asset-impairment accounting, implemented since the first half period, has led to a 1.8 billion yen loss related mainly to domestic dealers’ land and buildings. There was also an expenditure of 7.9 billion yen for premium retirement benefit for employees leaving the company under the early retirement program which was offered in December. |
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