Eliminating disclosure time lags by standardizing fiscal year-ends in March
First written in FY2018. 1 of 2 entries say "Achieved", first in FY2019-Q2. Latest entry: FY2019-Q2.
3 other companies' latest entry also says "Achieved".
- FY2019-Q2AchievedAnnual report
「The purpose is to change and standardize the fiscal year-end of the company on a standalone basis and the consolidated fiscal year-end of the group to 31 March, thereby eliminating the lag in disclosing the results of power generation subsidiaries, providing investors with consolidated financial results that are easier to understand, and enabling more appropriate disclosure of management information.」
Following resolutions by the Board of Directors and approval at the general meeting of shareholders, the fiscal year-end was changed from 31 May to 31 March, and a 10-month accounting period from 1 June 2018 to 31 March 2019 was adopted. - FY2018First statedAnnual report
「The purpose is to eliminate the lag in disclosing the results of power generation subsidiaries by standardizing the fiscal year-end of the company on a standalone basis and the consolidated fiscal year-end of the group to 31 March, thereby providing investors with consolidated financial results that are easier to understand and more appropriate disclosure of management information.」
The company proposed changing the fiscal year-end from 31 May to 31 March, with the 20th fiscal year consisting of a 10-month accounting period from 1 June 2018 to 31 March 2019.