Change in the definition of high-performing companies under the TKC Management Indicators (BAST)
First written in FY2022-Q2. 1 of 4 entries say "Advanced", first in FY2022-Q3. Latest entry: FY2024-Q2.
No other company in this theme has enough history to compare yet.
- FY2024-Q2RestatedAnnual report
「The TKC National Association publishes the TKC Management Indicators (BAST), which contains financial statement data from more than 250,000 companies, and defines companies that meet the following conditions as BAST high-performing companies.」
The definition of high-performing companies based on the 6 conditions continues to apply: monthly closing through self-accounting, attaching supplementary documents, compliance with the Accounting Guidelines for SMEs, increased marginal profit for 2 consecutive fiscal years, an equity ratio of at least 30%, and positive profit before income taxes. - FY2023-Q1ReframedAnnual report
「The TKC Group has established the following 6 conditions as indicators that small and medium-sized enterprises should aim to meet: ・Practice of self-accounting under the TKC method ・Practice of attaching supplementary documents ・Compliance with the Accounting Guidelines for SMEs ・Increase in marginal profit for 2 consecutive fiscal years ・Equity ratio of at least 30% ・Positive profit before income taxes」
The definition of BAST high-performing companies was changed from the previous 5 conditions to 6 conditions by adding the practice of self-accounting under the TKC method. - FY2022-Q3AdvancedAnnual report
「The 2022 edition of the TKC Management Indicators (BAST), which contains financial statement data from more than 240,000 companies, defines companies that meet these conditions as BAST high-performing companies.」
The definition of high-performing companies based on the 5 conditions presented in the previous quarter has been applied to the 2022 edition of BAST, which contains financial statement data from more than 240,000 companies. - FY2022-Q2First statedAnnual report
「Beginning with the 2022 edition of the TKC Management Indicators (BAST), scheduled for publication in June 2022, the definition of companies included as high-performing companies will be changed to companies that meet all of the following conditions: ・Practice of attaching supplementary documents ・Compliance with the Accounting Guidelines for SMEs ・Increase in marginal profit for 2 consecutive fiscal years ・Equity ratio of at least 30% ・Positive profit before income taxes」
Beginning with the 2022 edition of BAST, the definition will be changed so that companies meeting all of the following conditions are included as high-performing companies: attaching supplementary documents, compliance with the Accounting Guidelines for SMEs, increased marginal profit for 2 consecutive fiscal years, an equity ratio of at least 30%, and positive profit before income taxes.