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Tokyo Century (8439) · FactAdvanced

Change in holding purpose from investment securities to operating investment securities

First written in FY2019-Q3. 1 of 3 entries say "Restated". Latest entry: FY2020.

3entries
2years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019-Q3 – FY20192019: 220192020: 12020
Same theme, other companies
Change in Presentation Classification of Operating Investment SecuritiesA theme 7 companies write about · 0 as a headwind · 1 as a tailwind

2 other companies' latest entry also says "Advanced".

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. FY2020AdvancedAnnual report

    「The Group regularly reviews whether to continue holding investment shares held for purposes other than pure investment, based on the individual business relationships and other factors, and regularly monitors price movements and other factors for securities held for operating investment purposes.」

    The Company disclosed regular reviews of whether to continue holding investment securities, as well as regular monitoring of price movements in operating investment securities.
  2. FY2019RestatedAnnual report

    「Following a review of the holding purpose of certain investment securities included in investments and other assets, prompted by changes in the capital policies of investee companies and other factors, the Company reclassified some of them during the current consolidated fiscal year as securities held to earn financial income in the ordinary course of business, and recorded them as operating investment securities under current assets. As a result, a balance of ¥28,249 million relating to the securities subject to the change in holding purpose is included in operating investment securities on the consolidated balance sheet for the current consolidated fiscal year.」

    For the year, the Company disclosed a balance of ¥28,249 million in securities reclassified to operating investment securities following a change in holding purpose.
  3. FY2019-Q3First statedAnnual report

    「Following a review of the holding purpose of certain investment securities included in investments and other assets, prompted by changes in the capital policies of investee companies and other factors, the Company reclassified some of them during the third quarter of the current consolidated fiscal year as securities held to earn financial income in the ordinary course of business, and recorded them as operating investment securities under current assets. As a result, a balance of ¥25,435 million relating to the securities subject to the change in holding purpose is included in operating investment securities for the third quarter of the current consolidated fiscal year.」

    The Company reviewed the holding purpose of certain securities following changes in the capital policies of investee companies and other factors, and disclosed the reclassification of ¥25,435 million from investment securities to operating investment securities.
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Change in holding purpose from investment securities to operating investment securities | Tokyo Century Corporation (8439) | Komori