Transition to Standalone Financial Statements Following Subsidiary Liquidation
First written in FY2016. 8 of 11 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2025: 2 of 24 companies on the "Worse" side.
41 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「DATA HORIZON PHILS,INC. has completed liquidation procedures and is awaiting approval from a Philippine government agency. As it is not material, it has been excluded from the scope of consolidation.」
Reconfirms that DATA HORIZON PHILS,INC. has completed liquidation procedures and is awaiting government approval, and that it is treated as non-consolidated because it is not material. - FY2018AdvancedAnnual report
「DATA HORIZON PHILS,INC. has completed liquidation procedures and is awaiting approval from a Philippine government agency. As it is not material, it has been excluded from the scope of consolidation.」
States that DATA HORIZON PHILS,INC. has completed liquidation procedures and is awaiting government approval. - FY2018-Q3RestatedAnnual report
「Because quarterly consolidated financial statements were not prepared for the third quarter of the previous fiscal year, comparative information for the quarterly consolidated income statement and quarterly consolidated statement of comprehensive income is not presented.」
While quarterly disclosures have continued following the transition to consolidated reporting, comparative information is not presented because quarterly consolidated financial statements were not prepared for the cumulative third quarter of the previous fiscal year. - FY2018-Q2RestatedAnnual report
「Because quarterly consolidated financial statements were not prepared for the second quarter of the previous fiscal year, comparative information for the quarterly consolidated income statement, quarterly consolidated statement of comprehensive income and quarterly consolidated cash flow statement is not presented.」
While disclosures have continued following the transition to consolidated reporting, comparative information is not presented because quarterly consolidated financial statements were not prepared for the cumulative second quarter of the previous fiscal year. - FY2018-Q1RestatedAnnual report
「Because quarterly consolidated financial statements were not prepared for the first quarter of the previous fiscal year, comparative information for the quarterly consolidated income statement and quarterly consolidated statement of comprehensive income is not presented.」
While quarterly disclosures have continued following the transition to consolidated reporting, comparative information is not presented because quarterly consolidated financial statements were not prepared for the first quarter of the previous fiscal year. - FY2017ReframedAnnual report
「On 1 May 2017, the Group acquired additional shares in DPPヘルスパートナーズ and made it a consolidated subsidiary. As a result, 30 June 2017 was designated as the deemed acquisition date, and we transitioned from non-consolidated to consolidated accounting from the current consolidated fiscal year.」
The reporting structure has changed from standalone reporting due to the ongoing liquidation proceedings of DATA HORIZON PHILS,INC. to consolidated reporting following the acquisition of DPPヘルスパートナーズ as a subsidiary. - FY2017-Q3RestatedAnnual report
「We have not prepared quarterly consolidated financial statements because our subsidiary DATA HORIZON PHILS,INC. is undergoing liquidation proceedings and is immaterial to the extent that its omission would not hinder reasonable judgments regarding the financial position and operating results of our corporate group.」
The company continues not to prepare quarterly consolidated financial statements because the subsidiary is undergoing liquidation proceedings and is immaterial. - FY2017-Q2RestatedAnnual report
「We have not prepared quarterly consolidated financial statements because our subsidiary DATA HORIZON PHILS,INC. is undergoing liquidation proceedings and is immaterial to the extent that its omission would not hinder reasonable judgments regarding the financial position and operating results of our corporate group.」
The company continues not to prepare quarterly consolidated financial statements because the subsidiary is undergoing liquidation proceedings and is immaterial. - FY2017-Q1RestatedAnnual report
「We have not prepared quarterly consolidated financial statements because our subsidiary DATA HORIZON PHILS,INC. is undergoing liquidation proceedings and is immaterial to the extent that its omission would not hinder reasonable judgments regarding the financial position and operating results of our corporate group.」
The company continues not to prepare quarterly consolidated financial statements because the subsidiary is undergoing liquidation proceedings and is immaterial. - FY2016RestatedAnnual report
「In September 2014, we resolved to liquidate our consolidated subsidiary DATA HORIZON PHILS,INC. and excluded it from the scope of consolidation because the subsidiary had entered liquidation proceedings and was immaterial to the extent that its omission would not hinder reasonable judgments regarding the financial position and operating results of our corporate group. Accordingly, we have not prepared consolidated financial statements since the fiscal year ending March 2016.」
The company continues to report on a standalone basis without preparing consolidated financial statements because of the liquidation of a subsidiary and its reduced materiality. - FY2016First statedAnnual report
「We prepared consolidated financial statements in the previous fiscal year. However, in September 2014, we resolved to liquidate our consolidated subsidiary DATA HORIZON PHILS,INC. and excluded it from the scope of consolidation because the subsidiary had entered liquidation proceedings and was immaterial to the extent that its omission would not hinder reasonable judgments regarding the financial position and operating results of our corporate group. Accordingly, we have not prepared consolidated financial statements from the current fiscal year.」
The company discontinued preparing consolidated financial statements from the current fiscal year because of the resolution to liquidate an overseas subsidiary and its reduced materiality.