Okamoto Industries (5122) · FactDropped
Finalization of the Provisional Accounting Treatment for the Riken Corundum Business Combination
First written in FY2019-Q3. 1 of 2 entries say "Dropped", first in FY2019. Latest entry: FY2019.
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Finalization of the Provisional Accounting Treatment for the Riken Corundum Business CombinationA theme 1 companies write about · 0 as a headwind · 0 as a tailwind
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- FY2019DroppedAnnual reportThe current-year report contains no separate disclosure confirming that the provisional accounting for the previous year's business combination with 理研コランダム was finalized.
- FY2019-Q3First statedAnnual report
「The accounting for the business combination with 理研コランダム㈱ conducted on 30 September 2017 had been provisional during the third quarter of the previous consolidated fiscal year, but was finalized at the end of the previous consolidated fiscal year.」
The Company stated that the accounting, including the initial allocation of the acquisition cost, which had been provisional for the business combination with 理研コランダム, was finalized at the end of the previous consolidated fiscal year and that the revisions were reflected in the comparative information.