Komori
The Kyoto Hotel (9723) · InitiativeRestated

Change in fiscal year-end from March to April

First written in FY2016. 6 of 8 entries say "Restated". Latest entry: FY2020.

8entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018-Q1 – FY20202017: 420172018: 220182019: 120192020: 12020
Same theme, other companies
Change in fiscal year-end from April to March and 15-month transition fiscal yearA theme 1 companies write about · 0 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2020RestatedAnnual report

    「Pursuant to a resolution at the 98th Annual General Meeting of Shareholders held on 24 March 2017, the fiscal year-end was changed from 31 December to 31 March. Accordingly, the 99th fiscal year comprised 15 months from 1 January 2017 to 31 March 2018.」

    The company continues to state that the fiscal year-end was changed from March to April and that the 99th fiscal year became a 15-month transition fiscal year.
  2. FY2019-Q3RestatedAnnual report

    「Due to the change in the fiscal year-end, the company's previous fiscal year comprised 15 months from 1 January 2017 to 31 March 2018. Accordingly, because the current cumulative third-quarter period, from 1 April 2018 to 31 December 2018, differs from the comparative previous cumulative third-quarter period, from 1 January 2017 to 30 September 2017, no comparison with the same quarter of the previous year has been provided. However, to present the current cumulative third-quarter results more clearly, some figures are compared with the total results for the nine months from April to December 2017 as a reference, described as comparisons with the same period of the previous year.」

    The company continues to state that no comparison with the same quarter of the previous year is provided because the 99th fiscal year comprised 15 months due to the change in the fiscal year-end, resulting in different comparison periods.
  3. FY2019-Q2RestatedAnnual report

    「Due to the change in the fiscal year-end, the company's previous fiscal year comprised 15 months from 1 January 2017 to 31 March 2018. Accordingly, because the current cumulative second-quarter period, from 1 April 2018 to 30 September 2018, differs from the comparative previous cumulative second-quarter period, from 1 January 2017 to 30 June 2017, no comparison with the same quarter of the previous year has been provided.」

    The company continues to state that, because the 99th fiscal year comprised 15 months due to the change in the fiscal year-end, the current and previous-year cumulative second-quarter periods cover different periods.
  4. FY2018-Q3RestatedAnnual report

    「Due to the change in the fiscal year-end, the 99th fiscal year will comprise 15 months from 1 January 2017 to 31 March 2018.」

    The company continues to state that the 99th fiscal year following the change in the fiscal year-end will be a 15-month transition fiscal year.
  5. FY2018-Q2RestatedAnnual report

    「Due to the change in the fiscal year-end, the 99th fiscal year will comprise 15 months from 1 January 2017 to 31 March 2018.」

    The company continues to state that the 99th fiscal year following the change in the fiscal year-end will be a 15-month transition fiscal year.
  6. FY2018-Q1RestatedAnnual report

    「Due to the change in the fiscal year-end, the 99th fiscal year will comprise 15 months from 1 January 2017 to 31 March 2018.」

    The company continues to state that the 99th fiscal year following the change in the fiscal year-end will be a 15-month transition fiscal year.
  7. FY2017-Q4AchievedAnnual report

    「Due to the change in the fiscal year-end, the 99th fiscal year will comprise 15 months from 1 January 2017 to 31 March 2018.」

    The previously planned change in the fiscal year-end has been implemented, and the 99th fiscal year is a 15-month transition fiscal year.
  8. FY2016First statedAnnual report

    「The company's fiscal year currently runs from 1 January to 31 December, but it has decided to change it to 1 April through 31 March of the following year to improve the efficiency of financial reporting and for sales strategy reasons. As a result of the change in the fiscal year-end, the 99th fiscal year, which will be the transition period, will comprise 15 months from 1 January 2017 to 31 March 2018.」

    For the first time, the company states that it plans to change the fiscal year from April-March to March-April to improve the efficiency of financial reporting and for sales strategy reasons, with a 15-month transition period.
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