Trend Micro (4704) · RiskMitigated
Overstatement and Accounting Errors Related to Software in the R&D Division
First written in FY2020-Q3. 1 of 2 entries say "Materialised", first in FY2020-Q3. Latest entry: FY2020.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Prior-period financial statement corrections and listing management issues arising from the fraudulent receipt of Employment Adjustment Subsidies and other benefitsA theme 7 companies write about · 7 as a headwind · 0 as a tailwind
0 other companies' latest entry also says "Mitigated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
- FY2020MitigatedAnnual report
「当該過年度の誤謬については、過年度及び当連結会計年度の財政状態及び経営成績への影響は軽微であるため、当連結会計年度において一括して修正を行っております。」
研究開発部門のソフトウェア及び関連繰延税金資産の過大計上を当年度に一括修正した。営業利益等への影響額が開示され、キャッシュ・フローへの影響はないとされた。 - FY2020-Q3MaterialisedAnnual report
「Software in the research and development division and related deferred tax assets had been overstated from prior fiscal years due to errors in the calculation process.」
The filing stated that software in the research and development division and related deferred tax assets had been overstated due to calculation errors and were corrected in a single adjustment during the quarter. Operating profit and related items decreased by ¥3,522 million and profit attributable to owners of the parent decreased by ¥4,078 million, with no impact on cash flow.