Suspension of the India and Philippines Businesses and Closure Procedures
First written in FY2018. 8 of 13 entries say "Restated". Latest entry: FY2023.
1 other company's latest entry also says "Achieved".
- FY2023AchievedAnnual report
「Because TAISEI ONCHO INDIA PRIVATE LIMITED, which had been a consolidated subsidiary in the previous consolidated fiscal year, was liquidated, it has been excluded from the scope of consolidation from the current consolidated fiscal year.」
The India business has progressed from suspension and closure procedures to completion of liquidation and exclusion from the scope of consolidation. - FY2023-Q3AdvancedAnnual report
「The “Other” category comprises business segments not included in the reportable segments and includes the India business.」
Of the India and Philippine businesses previously included in the “Other” segment, only the India business is reported this time, reflecting progress in the liquidation of the Philippine business in the segment presentation. - FY2022AdvancedAnnual report
「Because TAISEI ONCHO HONG KONG ENGINEERING LIMITED and ONCHO PHILIPPINES, INC., which had been consolidated subsidiaries in the previous consolidated fiscal year, were liquidated, they have been excluded from the scope of consolidation from the current consolidated fiscal year.」
The liquidation of the Philippine business is stated to have been completed, while the liquidation of the India business is in progress. The suspension and closure procedures have progressed concretely. - FY2022-Q3RestatedAnnual report
「From the first quarter of the current consolidated fiscal year, the method of reporting the “India” and “Philippines” segments as the “Other” segment was changed because their quantitative significance had declined following the suspension of the India and Philippine businesses.」
The presentation of the India and Philippine businesses within the “Other” segment following the suspension of operations continues to apply. - FY2022-Q2RestatedAnnual report
「The “Other” category comprises business segments not included in the reportable segments and includes the India and Philippine businesses.」
The India and Philippine businesses continue to be included in the “Other” segment following the decline in their quantitative significance associated with the suspension of operations. - FY2022-Q1AdvancedAnnual report
「From the first quarter of the current consolidated fiscal year, the method of reporting the “India” and “Philippines” segments as the “Other” segment was changed because their quantitative significance had declined following the suspension of the India and Philippine businesses.」
The reporting segments were consolidated because of the decline in quantitative significance following the suspension of the India and Philippine businesses, providing more specific disclosure of progress in the withdrawal and suspension of operations. - FY2021-Q3RestatedAnnual report
「TAISEI ONCHO INDIA PRIVATE LIMITED (India) and ONCHO PHILIPPINES,INC. (the Philippines) have already decided to suspend operations and are proceeding with closure procedures.」
The company continues to describe the decision to suspend the India and Philippine businesses and the related closure procedures. - FY2021-Q2RestatedAnnual report
「TAISEI ONCHO INDIA PRIVATE LIMITED (India) and ONCHO PHILIPPINES,INC. (the Philippines) have already decided to suspend operations and are proceeding with closure procedures.」
The company continues to describe the decision to suspend the India and Philippine businesses and the related closure procedures. - FY2020-Q2RestatedAnnual report
「TAISEI ONCHO INDIA PRIVATE LIMITED (India) and ONCHO PHILIPPINES,INC. (the Philippines) have already decided to suspend operations and are proceeding with closure procedures.」
The company continues to describe the decision to suspend the India and Philippine businesses and the related closure procedures. - FY2019-Q3RestatedAnnual report
「TAISEI ONCHO INDIA PRIVATE LIMITED (India) and ONCHO PHILIPPINES,INC. (the Philippines) have already decided to suspend operations and are proceeding with closure procedures.」
The company continues to describe the decision to suspend the India and Philippine businesses and the related closure procedures. - FY2019-Q2RestatedAnnual report
「TAISEI ONCHO INDIA PRIVATE LIMITED (India) and ONCHO PHILIPPINES,INC. (the Philippines) have already decided to suspend operations and are proceeding with closure procedures.」
The company continues to describe the decision to suspend the India and Philippine businesses and the related closure procedures. - FY2019-Q1RestatedAnnual report
「TAISEI ONCHO INDIA PRIVATE LIMITED (India) and ONCHO PHILIPPINES,INC. (the Philippines) have already decided to suspend operations and are proceeding with closure procedures.」
The company continues to describe the decision to suspend the India and Philippine businesses and the related closure procedures as part of its withdrawal from unprofitable regions with little prospect of recovery. - FY2018First statedAnnual report
「As part of its withdrawal from unprofitable regions with little prospect of recovery, the company has already decided to suspend the operations of TAISEI ONCHO INDIA PRIVATE LIMITED (India) and ONCHO PHILIPPINES,INC. (the Philippines) and is proceeding with closure procedures.」
As a measure to withdraw from unprofitable regions with little prospect of recovery, the company decided to suspend its India and Philippine businesses and is proceeding with closure procedures.