Transition to Standalone Financial Statements Following the Absorption-Type Merger of a Subsidiary
First written in FY2022-Q1. 7 of 9 entries say "Restated". Latest entry: FY2024-Q3.
The whole theme swung hardest in 2026: 2 of 8 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「Our quarterly consolidated financial statements are prepared in accordance with the Regulation Concerning Terminology, Forms and Preparation Methods of Quarterly Consolidated Financial Statements (Cabinet Office Ordinance No. 64 of 2007).」
The company continues to prepare quarterly consolidated financial statements, which were resumed following the increase in the materiality of RBKJ. - FY2024-Q2RestatedAnnual report
「As we have prepared quarterly consolidated financial statements since the third quarter consolidated accounting period of the previous fiscal year, we have not included comparative information for the quarterly consolidated statements of income and comprehensive income.」
The company continues to prepare consolidated financial statements, which were resumed following the increase in the materiality of RBKJ. - FY2023RestatedAnnual report
「As the consolidated financial statements were resumed for the first time in the current consolidated fiscal year (1 March 2022 to 28 February 2023), no comparison with the previous consolidated fiscal year is provided for the consolidated balance sheet, consolidated income statement, consolidated statement of comprehensive income, consolidated statement of changes in shareholders' equity and other equity, or consolidated statement of cash flows shown below.」
The annual report confirms that, following the increase in the materiality of RBKJ, the company resumed preparing consolidated financial statements instead of standalone financial statements, which had been prepared through the previous fiscal year. - FY2023-Q3ReframedAnnual report
「In addition, because RBKJ株式会社, a subsidiary, became material after taking over part of the Reebok brand's domestic business from adidas Japan株式会社 effective 1 October 2022, we transitioned to consolidated accounting from the current third-quarter consolidated accounting period and included the company in the scope of consolidation.」
Following the previous preparation of standalone financial statements after the absorption-type mergers of subsidiaries, the company transitioned to consolidated accounting from the third-quarter consolidated accounting period as RBKJ's Reebok business became material. - FY2023-Q1RestatedAnnual report
「We do not prepare quarterly consolidated financial statements because, considering the assets, revenue, profit or loss, retained earnings, cash flows and other items of our subsidiaries, they are not material to the extent that their omission would prevent a reasonable assessment of the financial position, operating results and cash flows of our group.」
Because the subsidiaries were not material, the company continues to prepare quarterly financial statements rather than quarterly consolidated financial statements. - FY2022RestatedAnnual report
「We prepared consolidated financial statements for the previous fiscal year (1 March 2020 to 28 February 2021), but did not prepare consolidated financial statements for the current fiscal year because our subsidiaries were not material.」
On the assumption that there were effectively no consolidated subsidiaries following the absorption-type mergers, the company also prepared standalone financial statements for FY2022. - FY2022-Q3RestatedAnnual report
「Because quarterly consolidated financial statements were prepared for the cumulative third-quarter period of the previous year and quarterly financial statements were not prepared, no comparative analysis with the corresponding cumulative period of the previous year has been conducted.」
The company continues to prepare quarterly financial statements on the assumption that there are no consolidated subsidiaries following the absorption-type mergers of subsidiaries. - FY2022-Q2RestatedAnnual report
「As our consolidated subsidiaries ceased to exist after we merged Misuzu & Co.株式会社, formerly a consolidated subsidiary, effective 1 March 2020, and 株式会社Fashionwalker effective 1 September 2020, we have not prepared quarterly consolidated financial statements since the first quarter accounting period.」
Following the absorption-type mergers of subsidiaries, there are no consolidated subsidiaries, and the company continues to prepare quarterly financial statements. - FY2022-Q1First statedAnnual report
「As our consolidated subsidiaries ceased to exist after we merged Misuzu & Co.株式会社, formerly a consolidated subsidiary, effective 1 March 2020, and 株式会社Fashionwalker effective 1 September 2020, we have not prepared quarterly consolidated financial statements since the current first quarter accounting period.」
Following the absorption-type mergers of Misuzu & Co. and Fashionwalker, there were no consolidated subsidiaries, and from FY2022-Q1 the company began preparing quarterly financial statements rather than quarterly consolidated financial statements.