Sanyo Trading (3176) · PolicyRestated
Change in the Method for Translating Income and Expenses of Overseas Subsidiaries and Other Entities Using Average Exchange Rates for the Period
First written in FY2024-Q1. 1 of 2 entries say "Restated". Latest entry: FY2024-Q2.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Change in Foreign Subsidiary Revenue and Expense Translation MethodA theme 23 companies write about · 1 as a headwind · 1 as a tailwind
13 other companies' latest entry also says "Restated".
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Showing 14 of the 23 companies compared. The sentences above are computed from all 23.Full recordFilings, disclosures and news, newest first
- FY2024-Q2RestatedAnnual report
「在外子会社等の収益および費用は、従来、決算日の直物為替相場により円貨に換算していましたが、第１四半期連結会計期間より期中平均為替相場により円貨に換算する方法に変更しています。」
在外子会社等の収益・費用を期中平均為替相場で換算する方法が第2四半期でも継続適用され、前年同期および前連結会計年度の数値は遡及適用後の数値で表示されている。 - FY2024-Q1First statedAnnual report
「Income and expenses of overseas subsidiaries and other entities were previously translated into yen using the spot exchange rate at the balance-sheet date, but beginning with the first quarter of the current consolidated accounting period, they are translated using the average exchange rate for the period.」
Because the significance of overseas subsidiaries and other entities is expected to increase further, the translation method for income and expenses was changed from the balance-sheet-date spot rate to the average rate for the period. The change was applied retrospectively.