Fiscal Year-End Change and 15-Month Accounting Period to Strengthen Collaboration with Chubu Electric
First written in FY2023-Q3. 1 of 2 entries say "Achieved", first in FY2023-Q4. Latest entry: FY2023-Q4.
1 other company's latest entry also says "Achieved".
- FY2023-Q4AchievedAnnual report
「At the extraordinary general meeting of shareholders held on 29 November 2023, we resolved to partially amend the Articles of Incorporation and changed the fiscal year to run from 1 April through 31 March each year. As a transitional measure, the current consolidated fiscal year comprises 15 months from 1 January 2023 to 31 March 2024.」
Regarding the plan to change the fiscal year-end from the end of December to the end of March, the resolution at the extraordinary general meeting of shareholders and the amendment to the Articles of Incorporation were completed, and the 15-month transitional fiscal year entered the implementation phase. - FY2023-Q3First statedAnnual report
「To strengthen collaboration with our parent company, Chubu Electric Power Company,Incorporated, and further realise synergies across the Chubu Electric Power Group, we decided to change our fiscal year-end to March, the same as Chubu Electric Power Company,Incorporated. Subject to approval of the proposal to partially amend the current Articles of Incorporation, concerning the change in the fiscal year-end, at the extraordinary general meeting of shareholders scheduled for 29 November 2023, the current fiscal year, which is a transition period for the change in fiscal year-end, is scheduled to comprise 15 months from 1 January 2023 to 31 March 2024.」
To strengthen collaboration with parent company Chubu Electric Power Company,Incorporated, a plan to change the fiscal year-end from 31 December to 31 March was first disclosed as a standalone theme. Subject to approval at the extraordinary general meeting of shareholders on 29 November 2023, the fiscal year ending March 2024 was scheduled to comprise 15 months.