Komori
Estic (6161) · FactFirst stated

Timing differences in the impact of COVID-19 due to the consolidation periods of overseas subsidiaries

First written in FY2021-Q1. . Latest entry: FY2021-Q1.

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Timing differences in reflecting the impact of COVID-19 due to differing fiscal year-ends among consolidated subsidiariesA theme 4 companies write about · 0 as a headwind · 0 as a tailwind

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  1. FY2021-Q1First statedAnnual report

    「The consolidation period for the US subsidiary in the first quarter cumulative period was January to March, before the impact of COVID-19 emerged. Against a backdrop of continued active capital investment from the second half of the previous year, hand nut runners performed steadily.」

    The filing explains that the consolidation periods for the US and Thai subsidiaries were January to March, meaning that the impact of COVID-19 was not fully reflected in consolidated results for the first quarter.
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