Nitchitsu (7021) · FactRestated
Liquidation completed for the Chinese high-silica joint venture
First written in FY2016. 1 of 2 entries say "Restated". Latest entry: FY2017.
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- FY2017RestatedAnnual report
「凱達日窒（新沂）石英有限公司, an affiliated company to which the equity method had not been applied in the previous consolidated fiscal year, completed its liquidation during the current consolidated fiscal year.」
The completion of the liquidation of the Chinese high-silica joint venture was also confirmed in the accounting notes. - FY2016First statedAnnual report
「凱達日窒（新沂）石英有限公司, the Chinese joint venture related to the high-silica segment of the resource-related business, which had been undergoing liquidation proceedings, completed its liquidation in April 2016.」
The liquidation proceedings for the Chinese high-silica joint venture were completed in April 2016.