Transition to Consolidated Financial Reporting and Inclusion of 東洋モーターインターナショナル in Consolidation
First written in FY2024-Q2. 1 of 3 entries say "Advanced", first in FY2024. Latest entry: FY2025.
The whole theme swung hardest in 2025: 5 of 20 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「In addition, Toyo Motor International Co., Ltd., a subsidiary of the company, has been included in the scope of consolidation since the previous interim consolidated accounting period, and the company has transitioned from standalone to consolidated accounting.」
The consolidation of Toyo Motor International and the transition to consolidated accounting from the previous interim consolidated accounting period have continued into the full-year period. - FY2024AdvancedAnnual report
「As our group has prepared consolidated financial statements from the current consolidated fiscal year, we have not conducted comparative analysis with the previous consolidated fiscal year or the end of the previous consolidated fiscal year.」
The transition to consolidated accounting from the second quarter has progressed to the preparation of full-year consolidated financial statements, with consolidated net sales of ¥33,965.971 million and net income attributable to owners of the parent of ¥187.339 million disclosed. - FY2024-Q2First statedAnnual report
「As we have prepared quarterly consolidated financial statements from the second quarter of the current fiscal year, we have not conducted comparative analysis with the cumulative consolidated period for the same quarter of the previous year or with the end of the previous consolidated fiscal year. In addition, Toyo Motor International Co., Ltd., which was an unconsolidated subsidiary in the previous fiscal year, was included in the scope of consolidation and we transitioned to consolidated accounting from the second quarter because its importance to future group management is expected to increase.」
The company began preparing quarterly consolidated financial statements from the second quarter and included Toyo Motor International Co., Ltd. in the scope of consolidation. Japan Bike Auction Co., Ltd. was also included in the scope of application of the equity method.