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Maezawa Kyuso Industries (6485) · FactRestated

Finalisation of purchase price allocation for the business combination with 前澤リビング・ソリューションズ

First written in FY2022-Q1. 1 of 2 entries say "Restated". Latest entry: FY2022-Q2.

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ProgressHeldSoftenedWorseFirst statedFY2022-Q1 – FY2022-Q22021: 22021
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Finalization of Provisional Accounting Treatment for a Business CombinationA theme 172 companies write about · 8 as a headwind · 2 as a tailwind

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Showing 14 of the 158 companies compared. The sentences above are computed from all 158.Comparing 200 of the theme's 217 threads.
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  1. FY2022-Q2RestatedAnnual report

    「The business combination between the Company and 前澤リビング・ソリューションズ株式会社 carried out on 31 March 2020 had been accounted for provisionally during the second quarter of the previous consolidated fiscal year, but was finalised at the end of the previous consolidated fiscal year.」

    The Company has reconfirmed in the notes to the comparative information that the purchase price allocation for the business combination with 前澤リビング・ソリューションズ株式会社 was finalised at the end of the previous consolidated fiscal year.
  2. FY2022-Q1First statedAnnual report

    「The business combination between the Company and 前澤リビング・ソリューションズ株式会社 carried out on 31 March 2020 had been accounted for provisionally during the first quarter of the previous consolidated fiscal year, but was finalised at the end of the previous consolidated fiscal year. As a result of finalising the provisional accounting treatment, significant revisions were reflected in the initial allocation of the purchase price. Consequently, the amount of the impact on the quarterly consolidated income statement for the cumulative first quarter of the previous consolidated fiscal year was immaterial.」

    For the business combination on 31 March 2020, the previously provisional initial purchase price allocation was finalised at the end of the previous consolidated fiscal year, and significant revisions were reflected in the comparative information.
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