Standardization of Fiscal Year-Ends of Consolidated Subsidiaries
First written in FY2021-Q1. 1 of 2 entries say "Restated". Latest entry: FY2021-Q2.
14 other companies' latest entry also says "Restated".
- FY2021-Q2RestatedAnnual report
「From the first quarter of the current consolidated fiscal year, the fiscal year-end for 8 consolidated subsidiaries, including Citizen Watch Company of America Inc., was changed to 31 March. There was no impact from this change, and the cumulative consolidated period for the second quarter covered 6 months.」
The company continues to operate with the fiscal year-ends of its 8 consolidated subsidiaries aligned to 31 March. - FY2021-Q1First statedAnnual report
「From the first quarter of the current consolidated fiscal year, the fiscal year-end for 8 consolidated subsidiaries, including Citizen Watch Company of America Inc., was changed to 31 March. There was no impact from this change, and the cumulative consolidated period for the first quarter covered 3 months.」
The fiscal year-end of 8 consolidated subsidiaries was changed to 31 March, aligning the fiscal year-ends to facilitate management of the consolidated subsidiaries.