Improved disclosure of consolidated financial statements through alignment of consolidated subsidiaries' fiscal year-ends
First written in FY2018-Q1. 5 of 7 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2020: 1 of 12 companies on the "Worse" side.
14 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「For YAMASHIN FILTER (SIP) TECHNOLOGY INC., one of the consolidated subsidiaries whose fiscal year-end is 31 December, the consolidated financial statements are prepared using financial statements based on a provisional closing performed as of the consolidated fiscal year-end.」
The method of performing a provisional closing as of the consolidated fiscal year-end continues to be applied. - FY2019RestatedAnnual report
「For YAMASHIN FILTER (SIP) TECHNOLOGY INC., a consolidated subsidiary with a 31 December fiscal year-end, the company uses financial statements based on a provisional closing conducted as of the consolidated fiscal year-end when preparing the consolidated financial statements.」
The company continues to apply the method of conducting a provisional closing at the consolidated fiscal year-end throughout the fiscal year. - FY2019-Q2RestatedAnnual report
「Increase (decrease) in cash and cash equivalents due to changes in the fiscal year-ends of consolidated subsidiaries (△ indicates a decrease) －」
Consolidation procedures following the change in consolidated subsidiaries' fiscal year-ends continued, and there was no increase or decrease in cash and cash equivalents attributable to the change during the cumulative second-quarter period. - FY2018AchievedAnnual report
「Previously, for YAMASHIN FILTER SHANGHAI INC. and YAMASHIN FILTER (SIP) TECHNOLOGY INC., whose fiscal year-end was 31 December, the consolidated financial statements used their financial statements as of that date, with necessary consolidation adjustments made for significant transactions occurring between that date and the consolidated fiscal year-end. To provide more appropriate disclosure of consolidated financial statements, beginning with the current consolidated fiscal year, the company changed to a method of conducting a provisional closing at the consolidated fiscal year-end. As a result of this change, the 12-month period from 1 April 2017 to 31 March 2018 was consolidated for the current consolidated fiscal year.」
The company applied the method of conducting a provisional closing at the consolidated fiscal year-end throughout the fiscal year, aligning the fiscal year-ends for consolidation over a 12-month period. - FY2018-Q3RestatedAnnual report
「Previously, for YAMASHIN FILTER (SIP) TECHNOLOGY INC. and YAMASHIN FILTER SHANGHAI INC., whose fiscal year-end was 31 December, the consolidated financial statements used their financial statements as of that date, with necessary consolidation adjustments made for significant transactions occurring between that date and the consolidated fiscal year-end. To provide more appropriate disclosure of consolidated financial statements, beginning with the first quarter of the current consolidated fiscal year, the company changed to a method of conducting a provisional closing at the consolidated fiscal year-end. As a result of this change, the nine-month period from 1 April 2017 to 31 December 2017 was consolidated for the first nine months of the current fiscal year.」
The company continued to apply the method of conducting a provisional closing at the consolidated fiscal year-end, consolidating nine months for the nine-month period. - FY2018-Q2RestatedAnnual report
「Previously, for YAMASHIN FILTER (SIP) TECHNOLOGY INC. and YAMASHIN FILTER SHANGHAI INC., whose fiscal year-end was 31 December, the consolidated financial statements used their financial statements as of that date, with necessary consolidation adjustments made for significant transactions occurring between that date and the consolidated fiscal year-end. To provide more appropriate disclosure of consolidated financial statements, beginning with the first quarter of the current consolidated fiscal year, the company changed to a method of conducting a provisional closing at the consolidated fiscal year-end. As a result of this change, the six-month period from 1 April 2017 to 30 September 2017 was consolidated for the first six months of the current fiscal year.」
The change to conducting a provisional closing at the consolidated fiscal year-end continued to be applied in the second quarter, with the six-month period from April to September 2017 consolidated. - FY2018-Q1First statedAnnual report
「Previously, for YAMASHIN FILTER (SIP) TECHNOLOGY INC. and YAMASHIN FILTER SHANGHAI INC., whose fiscal year-end was 31 December, the consolidated financial statements used their financial statements as of that date, with necessary consolidation adjustments made for significant transactions occurring between that date and the consolidated fiscal year-end. To provide more appropriate disclosure of consolidated financial statements, beginning with the first quarter of the current consolidated fiscal year, the company changed to a method of conducting a provisional closing at the consolidated fiscal year-end.」
Beginning with the first quarter of the current consolidated fiscal year, the company changed from using financial statements as of 31 December to conducting a provisional closing at the consolidated fiscal year-end.