Introduction of a System for Paying Year-End Bonuses
First written in FY2016-Q3. 1 of 2 entries say "Restated". Latest entry: FY2016.
11 other companies' latest entry also says "Restated".
- FY2016RestatedAnnual report
「Following the introduction of a year-end bonus scheme not based on fixed payments from the current fiscal year, the expected amounts of fixed bonuses and year-end bonuses have been combined and recorded as a provision for bonuses.」
The introduction of the year-end bonus scheme and the recording of a provision for bonuses are restated as additional information on accounting policies. - FY2016-Q3First statedAnnual report
「Because the Company had previously paid only fixed bonuses, the expected bonus payment amount had been recorded as accrued expenses. From the current fiscal year, following the introduction of a year-end bonus scheme not based on fixed payments, the expected amounts of both fixed bonuses and year-end bonuses have been combined and recorded as a provision for bonuses from the first quarter accounting period.」
The Company introduced a year-end bonus scheme in the current fiscal year and has recorded the amount as a provision for bonuses from the first quarter accounting period.