Alignment of Overseas Subsidiaries’ Reporting Dates and Change in Consolidation Method Through Interim Closing
First written in FY2020-Q1. 1 of 3 entries say "Achieved", first in FY2020. Latest entry: FY2021.
The whole theme swung hardest in 2020: 1 of 11 companies on the "Worse" side.
7 other companies' latest entry also says "Advanced".
- FY2021AdvancedAnnual report
「In the current consolidated fiscal year, the company changed the closing date of GDF Gesellschaft für dentale Forschung und Innovationen GmbH, one of its consolidated subsidiaries, from 30 June to 31 August.」
While continuing to use a method of conducting provisional closings for overseas subsidiaries in line with the consolidated closing date, the company changed GDF’s closing date from 30 June to 31 August. - FY2020AchievedAnnual report
「To provide more appropriate disclosure of the consolidated financial statements, beginning with the current consolidated fiscal year, the company has changed to a method under which the overseas subsidiaries are consolidated based on a provisional closing conducted on 31 August, the consolidated closing date, in accordance with the procedures for the full-year closing.」
Beginning in the current fiscal year, the company has aligned the closing dates of its overseas consolidated subsidiaries with the consolidated closing date and adopted a method of conducting a provisional closing on 31 August before consolidation. - FY2020-Q1First statedAnnual report
「To provide more appropriate disclosure of the consolidated financial statements, beginning with the current first quarter of the consolidated fiscal year, the company has changed to a method under which the overseas subsidiaries are consolidated based on a provisional closing conducted on 31 August, the consolidated closing date, in accordance with the procedures for the full-year closing.」
For overseas consolidated subsidiaries, beginning with the current first quarter of the consolidated fiscal year, the company has changed to a method under which provisional closing is conducted on 31 August, the consolidated closing date, in accordance with the full-year closing procedures, and the results are consolidated.