Change in presentation of gains and losses on cancellation of investment trusts
First written in FY2020-Q2. 2 of 3 entries say "Advanced", first in FY2020-Q3. Latest entry: FY2020.
0 other companies' latest entry also says "Advanced".
- FY2020AdvancedAnnual report
「Gains and losses arising from the cancellation of investment trusts had previously been presented by individual issue, with gains on investment trust cancellations shown under “Interest and dividends on securities” within “Funds investment income” and losses on investment trust cancellations shown under “Other operating expenses.” Following a review of disclosures under the Banking Act, from the current consolidated fiscal year onward, these amounts have been presented in aggregate for all issues, with cancellation gains shown under “Interest and dividends on securities” within “Funds investment income” and cancellation losses shown under “Other operating expenses.”」
The aggregate presentation for all issues of gains and losses on investment trust cancellations was applied from quarterly disclosures through the annual consolidated financial statements. - FY2020-Q3AdvancedAnnual report
「Gains and losses arising from the cancellation of investment trusts had previously been presented by individual issue, with gains on investment trust cancellations shown under “Interest and dividends on securities” within “Funds investment income” and losses on investment trust cancellations shown under “Other operating expenses.” Following a review of disclosures under the Banking Act, from the first-quarter consolidated accounting period onward, these amounts have been presented in aggregate for all issues, with cancellation gains shown under “Interest and dividends on securities” within “Funds investment income” and cancellation losses shown under “Other operating expenses.”」
The application of the revised presentation method for gains and losses on investment trust cancellations was clarified as beginning with the first-quarter consolidated accounting period, and the comparative information was revised to include cancellation losses of ¥2,012 million. - FY2020-Q2First statedAnnual report
「Gains and losses arising from the cancellation of investment trusts had previously been presented by individual issue, with gains on investment trust cancellations shown under “Interest and dividends on securities” within “Funds investment income” and losses on investment trust cancellations shown under “Other operating expenses.” Following a review of disclosures under the Banking Act, from the current interim consolidated accounting period onward, these amounts have been presented in aggregate for all issues, with cancellation gains shown under “Interest and dividends on securities” within “Funds investment income” and cancellation losses shown under “Other operating expenses.”」
Following the review of disclosures under the Banking Act, the presentation of gains and losses on investment trust cancellations was changed from the current interim consolidated accounting period to an aggregate basis for all issues.