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Awa Paper & Technological Company (3896) · InitiativeRestated

Change in Payment Method to Electronically Recorded Payables

First written in FY2019-Q2. 2 of 3 entries say "Restated". Latest entry: FY2019.

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ProgressHeldSoftenedWorseRestatedFY2019-Q2 – FY20192018: 120182019: 22019
Same theme, other companies
Change in Payment Method to Electronically Recorded DebtA theme 4 companies write about · 0 as a headwind · 1 as a tailwind

0 other companies' latest entry also says "Restated".

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  1. FY2019RestatedAnnual report

    「The increase in electronically recorded monetary liabilities and decrease in notes and accounts payable were mainly attributable to the change in the payment method to electronically recorded monetary liabilities from the current consolidated fiscal year.」

    The change in the payment method to electronically recorded monetary liabilities was reflected in the full-year financial position, and electronically recorded monetary liabilities amounted to ¥1,500 million.
  2. FY2019-Q3RestatedAnnual report

    「Although electronically recorded monetary liabilities increased by ¥1,775 million, notes and accounts payable decreased by ¥1,335 million, and long-term borrowings decreased by ¥140 million.」

    Following the change in the payment method from the current consolidated fiscal year, electronically recorded monetary liabilities increased by ¥1,775 million, while notes and accounts payable decreased by ¥1,335 million. The transition to electronically recorded monetary liabilities continued to be reflected in the financial position.
  3. FY2019-Q2First statedAnnual report

    「The decreases in notes and accounts payable and the increase in electronically recorded monetary liabilities were mainly attributable to the change in the payment method to electronically recorded monetary liabilities from the current consolidated fiscal year.」

    The payment method was changed to electronically recorded monetary liabilities from the current consolidated fiscal year. The balance of electronically recorded monetary liabilities at the end of September 2018 was ¥1,417.700 million.
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Change in Payment Method to Electronically Recorded Payables | AWA PAPER & TECHNOLOGICAL COMPANY,Inc. (3896) | Komori