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Olympus (7733) · InitiativeRestated

Preparation for the Application of Designated International Accounting Standards

First written in FY2016. 6 of 9 entries say "Restated". Latest entry: FY2020-Q1.

9entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016RestatedFY2018-Q2 – FY2020-Q12016: 120162017: 320172018: 320182019: 22019
Same theme, other companies
Establishment of Entity-Level Controls and Financial Reporting Framework for the Adoption of International Financial Reporting StandardsA theme 7 companies write about · 0 as a headwind · 5 as a tailwind

The whole theme swung hardest in 2018: 1 of 6 companies on the "Worse" side.

5 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2020-Q1RestatedAnnual report

    「Our group's condensed quarterly consolidated financial statements are prepared in accordance with IAS 34, Interim Financial Reporting.」

    The preparation and disclosure of quarterly financial statements under IFRS has continued.
  2. FY2019-Q3RestatedAnnual report

    「Our group's condensed quarterly consolidated financial statements are prepared in accordance with IAS 34, Interim Financial Reporting.」

    The preparation and disclosure of quarterly financial statements under IFRS has continued.
  3. FY2019-Q1RestatedAnnual report

    「Our group's condensed quarterly consolidated financial statements are prepared in accordance with IAS 34, Interim Financial Reporting.」

    The preparation and disclosure of quarterly financial statements under IFRS has continued.
  4. FY2018RestatedAnnual report

    「Our group has disclosed consolidated financial statements prepared in accordance with IFRS from the current consolidated fiscal year. The most recent consolidated financial statements prepared in accordance with Japanese GAAP covered the consolidated fiscal year ended 31 March 2017, and the transition date to IFRS was 1 April 2016.」

    The FY2018 consolidated financial statements were disclosed under IFRS, and the application of IFRS after the initial adoption was reconfirmed.
  5. FY2018-Q3RestatedAnnual report

    「Our group first adopted IFRS from the first quarter of the consolidated fiscal year ending 31 March 2018, using 1 April 2016 as the transition date.」

    The initial application of IFRS, which began in the first quarter, has continued in the third-quarter financial statements.
  6. FY2018-Q2RestatedAnnual report

    「Our group first adopted IFRS from the first quarter of the consolidated fiscal year ending 31 March 2018, using 1 April 2016 as the transition date.」

    The initial application of IFRS, which began in the first quarter, has continued in the first-half financial statements.
  7. FY2018-Q1AchievedAnnual report

    「Our group first adopted IFRS from the first quarter of the consolidated fiscal year ending 31 March 2018, using 1 April 2016 as the transition date.」

    Preparation for applying the designated International Financial Reporting Standards from the fiscal year ending March 2018 was completed, and IFRS was actually applied from the first quarter.
  8. FY2017AdvancedAnnual report

    「To prepare for applying the designated International Financial Reporting Standards from the fiscal year ending March 2018, we established an internal IFRS project team, completed the development of IFRS-compliant internal rules and group accounting policies, and are making final preparations with advice from external specialists.」

    Preparation of internal rules, group accounting policies and other systems for IFRS adoption has been completed, and the company has moved into the final preparation stage.
  9. FY2016First statedAnnual report

    「To prepare for applying the designated International Financial Reporting Standards from the fiscal year ending March 2018, we established an internal IFRS project team and are developing internal rules, infrastructure and other systems.」

    The timing of application and the means of implementation, including the project team, rules and infrastructure, are explicitly stated.
Moved together

"Further expansion of operations centered on the healthcare business" moved the same way as this thread, in the same document, in 2 of its 9 moves.

222★123
  1. ★This thread
  2. 1Further expansion of operations centered on the healthcare business2×
  3. 2Establishing a Revenue Base for the Scientific Business and Expanding Products and Solutions2×
  4. 3Structural Reform of the Imaging Business and Stable Profitability2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
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News
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Preparation for the Application of Designated International Accounting Standards | OLYMPUS CORPORATION (7733) | Komori