Standardizing reporting dates through provisional quarterly closings by consolidated subsidiaries
First written in FY2020-Q1. 2 of 5 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2026-H1.
The whole theme swung hardest in 2020: 1 of 11 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2026-H1Consolidation of an acquired subsidiary with a 3-month lagAnnual report
「Stakelogic and GAN are both companies with December year-ends. Their balance sheets have been included in consolidation from the first quarter of the current fiscal year, while their income statements began to be included from the current interim consolidated accounting period.」
The company disclosed a policy of separately specifying the start dates for consolidating the balance sheet and income statement of a newly acquired company with a December year-end. - FY2023-Q1AdvancedAnnual report
「For Sega Taiwan Ltd., a consolidated subsidiary whose reporting date had been 31 December, we had used its financial statements as of that date and made the necessary consolidation adjustments for material transactions arising between that date and the consolidated reporting date. To improve the appropriateness of disclosure of the consolidated financial statements, from the first quarter of the current fiscal year we have changed its reporting date to 31 March.」
Following Dartslive China Ltd. and MPandC, the company also changed Sega Taiwan Ltd.'s reporting date to 31 March and proceeded with measures to eliminate the discrepancy with the consolidated reporting date. - FY2021-Q1AdvancedAnnual report
「From the first quarter of the current fiscal year, for 株式会社MPandC, a consolidated subsidiary whose reporting date had been 31 December, we had used its financial statements as of that date and made the necessary consolidation adjustments for material transactions arising between that date and the consolidated reporting date. To improve the appropriateness of disclosure of the consolidated financial statements, we have changed its reporting date to 31 March.」
Following Dartslive China Ltd., the company has also changed 株式会社MPandC's reporting date to 31 March and is developing a disclosure framework to eliminate the discrepancy with the consolidated reporting date. - FY2020-Q3RestatedAnnual report
「For Dartslive China Ltd., a consolidated subsidiary whose reporting date was 31 December, we had used its financial statements as of that date and made the necessary consolidation adjustments for material transactions arising between that date and the consolidated reporting date. To improve the appropriateness of disclosure of the consolidated financial statements, from the first quarter of the current fiscal year we have changed to conducting a provisional closing at the quarterly consolidated reporting date.」
Dartslive China Ltd. continues to conduct a provisional closing at the quarterly consolidated reporting date. - FY2020-Q1First statedAnnual report
「From the first quarter of the current fiscal year, for Dartslive China Ltd., a consolidated subsidiary whose reporting date was 31 December, we had used its financial statements as of that date and made the necessary consolidation adjustments for material transactions arising between that date and the consolidated reporting date. To improve the appropriateness of disclosure of the consolidated financial statements, we have changed to conducting a provisional closing at the quarterly consolidated reporting date.」
For Dartslive China Ltd., the company has changed from using financial statements as of 31 December to conducting a provisional closing at the quarterly consolidated reporting date, thereby improving the appropriateness of consolidated disclosure.