Avoiding the Busy Season and Improving Operating Efficiency through a Fiscal Year-End Change
First written in FY2020. 1 of 4 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2021.
No other company in this theme has enough history to compare yet.
- FY2021AchievedAnnual report
「At the 35th Annual General Meeting of Shareholders held on 28 January 2021, the Company resolved to partially amend its Articles of Incorporation and changed its fiscal year-end from 31 October to 31 August. As a result, the current fiscal year, which is the transition period for the change in fiscal year-end, covers the 10 months from 1 November 2020 to 31 August 2021, and year-on-year comparisons are not presented.」
The Company changed its fiscal year-end from the end of October to the end of August and implemented the 36th fiscal year, the transition period, as a 10-month accounting period. - FY2021-Q4RestatedAnnual report
「Following approval of the proposal for a partial amendment to the Articles of Incorporation at the 35th Annual General Meeting of Shareholders held on 28 January 2021, the Company’s fiscal year ending August 2021, which constitutes the transition period for the change in fiscal year-end, covers the 10 months from 1 November 2020 to 31 August 2021 and is therefore an irregular accounting period.」
The Company continues to disclose the 10-month accounting period for the fiscal year ending August 2021 resulting from the change in fiscal year-end as a transition period. - FY2021-Q2AdvancedAnnual report
「Following approval of the proposal for a partial amendment to the Articles of Incorporation at the 35th Annual General Meeting of Shareholders held on 28 January 2021, the Company’s fiscal year ending August 2021, which constitutes the transition period for the change in fiscal year-end, covers the 10 months from 1 November 2020 to 31 August 2021 and is therefore an irregular accounting period.」
The amendment to the Articles of Incorporation for the planned change in fiscal year-end from the end of October to the end of August was approved at the Annual General Meeting of Shareholders, and the Company entered the 10-month transition period. - FY2020First statedAnnual report
「By moving the fiscal year forward, we will avoid the busy season for the printing business and further improve operating efficiency, including budgeting and operations management. Current: 31 October each year; after the change: 31 August each year.」
Following a shareholders’ meeting resolution on 28 January 2021, the fiscal year-end was changed from 31 October to 31 August, with fiscal year 36 covering 10 months.