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Daido Steel (5471) · FactReframed

Inclusion of Daido Steel (Thailand) Co.,Ltd. and a silent partnership in the scope of consolidation

First written in FY2018-Q1. 3 of 5 entries say "Restated". Latest entry: FY2024.

5entries
8years
0from disclosures
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ProgressHeldSoftenedWorseRestatedFY2018-Q1 – FY20182017: 220172018: 220182019: 020192020: 020202021: 020212022: 020222023: 020232024: 12024
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  1. FY2024ReframedAnnual report

    「The silent partnership operated by (Yugen Kaisha) Takakura Funding Corporation was excluded from consolidation following termination of the silent partnership agreement.」

    The silent partnership was excluded from the scope of consolidation upon termination of the agreement, while Daido Steel (Thailand) Co.,Ltd. remains a consolidated subsidiary.
  2. FY2018RestatedAnnual report

    「The silent partnership operated by Daido Steel (Thailand) Co., Ltd. and (Yugen Kaisha) Takakura Funding Corporation, which had been an unconsolidated subsidiary in the previous consolidated fiscal year, has been included in the scope of consolidation from the current consolidated fiscal year because its materiality increased.」

    The annual disclosure confirms that the Thai subsidiary and the silent partnership were consolidated from the current consolidated fiscal year due to increased materiality.
  3. FY2018-Q3RestatedAnnual report

    「From the first quarter of the current consolidated fiscal year, the silent partnership operated by Daido Steel (Thailand) Co.,Ltd. and (Yugen Kaisha) Takakura Funding Corporation has been included in the scope of consolidation because its materiality increased.」

    The disclosure reiterates that Daido Steel (Thailand) Co.,Ltd. and the silent partnership were included in the scope of consolidation from the first quarter.
  4. FY2018-Q2RestatedAnnual report

    「From the first quarter of the current consolidated fiscal year, the silent partnership operated by Daido Steel (Thailand) Co.,Ltd. and (Yugen Kaisha) Takakura Funding Corporation has been included in the scope of consolidation because its materiality increased.」

    The disclosure reiterates that Daido Steel (Thailand) Co.,Ltd. and the silent partnership were included in the scope of consolidation from the first quarter.
  5. FY2018-Q1First statedAnnual report

    「From the first quarter of the current consolidated fiscal year, Daido Steel (Thailand) Co.,Ltd. and the silent partnership operated by (Yugen Kaisha) Takakura Funding Corporation have been included in the scope of consolidation because their materiality increased.」

    Due to increased materiality, the silent partnership operated by Daido Steel (Thailand) Co.,Ltd. and Takakura Funding Corporation has been included in the scope of consolidation from the first quarter of the current fiscal year.
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Daido Steel's next results are scheduled for 2026-10-29. Read the earnings preview
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