Change in the Consolidation Period Due to a Change in the Fiscal Year-End of a Consolidated Subsidiary
First written in FY2021-Q1. 1 of 8 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2023-Q2.
4 other companies' latest entry also says "Restated".
- FY2023-Q2RestatedAnnual report
「Following the change for 14 consolidated subsidiaries from the first quarter to either changing the fiscal year-end to 31 March or preparing provisional financial statements as of the quarterly consolidated closing date, the second-quarter consolidated cumulative period primarily covers 9 months from 1 January 2021 to 30 September 2021.」
The treatment of changing the fiscal year-end or preparing provisional financial statements for 14 consolidated subsidiaries, resulting primarily in a 9-month consolidation period for the six-month cumulative period, is reiterated. - FY2022AchievedAnnual report
「From the current consolidated fiscal year, the method was changed to either changing the fiscal year-end to 31 March or preparing provisional financial statements as of the consolidated closing date. The accounting period for these consolidated subsidiaries in the current consolidated fiscal year is 15 months, from 1 January 2021 to 31 March 2022.」
The change in fiscal year-end and the provisional financial statements method were applied for the full fiscal year to certain consolidated subsidiaries, resulting in a 15-month consolidation period for the companies concerned. The impact is also stated as ¥1,252 million on net sales and ¥897 million on operating income. - FY2022-Q3Update to consolidation periodAnnual report
「The third-quarter consolidated cumulative period covers 12 months from 1 January 2021 to 31 December 2021.」
For subsidiaries whose fiscal year-end was changed or which adopted the provisional financial statements method, 12 months from 1 January 2021 to 31 December 2021 are primarily consolidated in the third-quarter cumulative period. - FY2022-Q2Update to consolidation periodAnnual report
「In addition, for 14 consolidated subsidiaries, the method was changed from the first quarter to either changing the fiscal year-end to 31 March or preparing provisional financial statements as of the quarterly consolidated closing date.」
For 14 consolidated subsidiaries, the company applied either a change of fiscal year-end to 31 March or the preparation of provisional financial statements as of the quarterly consolidated closing date, and primarily consolidated 9 months in the six-month period. - FY2022-Q1AdvancedAnnual report
「In addition, for 14 consolidated subsidiaries, the method was changed from the first quarter of the current fiscal year to either changing the fiscal year-end to 31 March or preparing provisional financial statements as of the quarterly consolidated closing date.」
The scope of the change in the fiscal year-end of certain subsidiaries was expanded to 14 companies, with either the fiscal year-end changed to 31 March or provisional financial statements prepared as of the quarterly consolidated closing date. - FY2021-Q3Update to consolidation periodAnnual report
「For Daido Steel (Thailand) Co., Ltd. and Daido Steel (America) Inc., whose fiscal year-end had previously been 31 December, we used financial statements as of that date and made the necessary consolidation adjustments for material transactions arising between that date and the consolidated fiscal year-end. Following the change in their fiscal year-end to 31 March, the cumulative third quarter of the current fiscal year includes a 12-month period from 1 January 2020 to 31 December 2020.」
Following the change in the fiscal year-end, the consolidation period has increased from 9 months for the cumulative second quarter to 12 months for the cumulative third quarter. - FY2021-Q2Update to consolidation periodAnnual report
「For Daido Steel (Thailand) Co., Ltd. and Daido Steel (America) Inc., whose fiscal year-end had previously been 31 December, we used financial statements as of that date and made the necessary consolidation adjustments for material transactions arising between that date and the consolidated fiscal year-end. Following the change in their fiscal year-end to 31 March, the cumulative second quarter of the current fiscal year includes a 9-month period from 1 January 2020 to 30 September 2020.」
Following the change in the fiscal year-end, the consolidation period has been updated from 6 months in the first quarter to 9 months for the cumulative second quarter. - FY2021-Q1First statedAnnual report
「For Daido Steel (Thailand) Co., Ltd. and Daido Steel (America) Inc., whose fiscal year-end had previously been 31 December, we used financial statements as of that date and made the necessary consolidation adjustments for material transactions arising between that date and the consolidated fiscal year-end. Following the change in their fiscal year-end to 31 March, the cumulative first quarter of the current fiscal year includes a 6-month period from 1 January 2020 to 30 June 2020.」
The fiscal year-end of Daido Steel (Thailand) Co., Ltd. and Daido Steel (America) Inc. was changed from 31 December to 31 March, and the first quarter includes a 6-month period from 1 January 2020 to 30 June 2020.