Commencement of consolidated financial statement preparation and inability to make year-on-year comparisons
First written in FY2018. 4 of 9 entries say "Restated". Latest entry: FY2024.
Bruno moved to the "Worse" side of this theme in 2024.
The whole theme swung hardest in 2024: 1 of 7 companies on the "Worse" side.
2 other companies' latest entry also says "Reframed".
- FY2024ReframedAnnual report
「As the Company acquired all shares of 株式会社ジャパンギャルズ on 31 July 2023 and made it a wholly owned subsidiary, it shifted to consolidated accounting from the 29th fiscal year.」
The Company shifted back from standalone accounting following the transfer of シカタ to consolidated accounting including 株式会社ジャパンギャルズ and its subsidiaries, and prepared consolidated financial statements for FY2024. - FY2024-Q1ReframedAnnual report
「As the Company acquired all shares of 株式会社ジャパンギャルズ on 31 July 2023 and made it a wholly owned subsidiary, it shifted to consolidated accounting from the current first-quarter cumulative period and has prepared quarterly consolidated financial statements.」
After shifting to non-consolidated accounting following the transfer of シカタ, the Company shifted back to consolidated accounting by making 株式会社ジャパンギャルズ a wholly owned subsidiary. - FY2023RestatedAnnual report
「As the Company transferred all shares it held in 株式会社シカタ, formerly a consolidated subsidiary, on 22 March 2023, it shifted to standalone disclosure and has not prepared consolidated financial statements since the 28th fiscal year.」
The shift from consolidated to standalone financial statements following the transfer of シカタ has been reconfirmed using the key full-year management indicators. - FY2023-Q3ReframedAnnual report
「As all shares held by the Company in 株式会社シカタ, which was a consolidated subsidiary in the previous fiscal year, were transferred on 22 March 2023, leaving the Company with no consolidated subsidiaries, the Company does not prepare quarterly consolidated financial statements.」
The transfer of シカタ eliminated the consolidated subsidiary, and the disclosure structure changed from preparing consolidated financial statements to preparing non-consolidated quarterly financial statements. - FY2019Making consolidated figures comparable year on yearAnnual report
「For the current consolidated fiscal year, the performance of the Group, comprising the Company and its consolidated subsidiaries, included revenue of ¥15,155 million, an increase of ¥6,143 million from the previous consolidated fiscal year.」
Following the period immediately after the acquisition of シカタ, when year-on-year comparisons were not possible because the Company had just begun preparing consolidated financial statements, the Company has reached the stage of disclosing comparisons with the previous consolidated fiscal year. - FY2019-Q3RestatedAnnual report
「As consolidated financial statements have been prepared since the previous fourth-quarter consolidated accounting period, comparative analysis of the figures for the current third-quarter cumulative period and the previous third-quarter consolidated cumulative period has not been provided.」
As consolidated financial statements have been prepared following the acquisition of シカタ, the Company has continued the disclosure structure of not providing a year-on-year comparison of figures for the third-quarter cumulative period. - FY2019-Q2RestatedAnnual report
「As consolidated financial statements have been prepared since the previous fourth-quarter consolidated accounting period, comparative analysis of the figures for the current second-quarter cumulative period and the previous second-quarter cumulative period has not been provided.」
As consolidated financial statements have been prepared following the acquisition of シカタ, the Company has continued the disclosure structure of not providing comparative analysis with the same period of the previous year for the current second-quarter cumulative period. - FY2019-Q1RestatedAnnual report
「As consolidated financial statements have been prepared since the previous fourth-quarter consolidated accounting period, comparative analysis of the figures for the current first-quarter cumulative period and the previous first-quarter cumulative period has not been provided.」
Following the acquisition of シカタ, the Company has prepared consolidated financial statements since the previous fourth quarter and has continued the disclosure structure of not providing comparative analysis with the same period of the previous year for the current first quarter. - FY2018First statedAnnual report
「On 27 April 2018, we completed the acquisition of all shares of 株式会社シカタ and, from the current consolidated fiscal year, made the company and its subsidiary, SHICATA SINGAPORE Pte.Ltd, consolidated subsidiaries. As consolidated financial statements are being prepared from the current consolidated fiscal year, no comparative analysis has been conducted between the figures for the current consolidated fiscal year and the previous fiscal year or between the figures at the end of the current consolidated fiscal year and those at the end of the previous fiscal year.」
Following the acquisition of シカタ, the Company began preparing consolidated financial statements from the current fiscal year, resulting in a disclosure structure in which comparative analysis of consolidated figures for the current and previous fiscal years is not provided.