Liquidation of Indonesian Subsidiary
First written in FY2018-Q3. 3 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2020: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「At a meeting of the Board of Directors held on 30 August 2017, we resolved to liquidate P.T. NITORI FURNITURE INDONESIA, a consolidated subsidiary of the company, and the company is currently undergoing liquidation proceedings.」
The company reaffirmed that its Indonesian subsidiary is undergoing liquidation proceedings. - FY2019RestatedAnnual report
「At a meeting of the Board of Directors held on 30 August 2017, we resolved to liquidate P.T. NITORI FURNITURE INDONESIA, a consolidated subsidiary of the company, and the company is currently undergoing liquidation proceedings.」
The company reaffirmed that its Indonesian subsidiary is undergoing liquidation proceedings. - FY2018RestatedAnnual report
「At a meeting of the Board of Directors held on 30 August 2017, we resolved to liquidate P.T. NITORI FURNITURE INDONESIA, a consolidated subsidiary of the company, and the company is currently undergoing liquidation proceedings.」
The company reaffirmed the resolution to liquidate its Indonesian subsidiary and the fact that liquidation proceedings are under way. - FY2018-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 30 August 2017, we resolved to liquidate P.T. NITORI FURNITURE INDONESIA, a consolidated subsidiary of the company, and the company is currently undergoing liquidation proceedings.」
This is the first disclosure that the Board of Directors resolved to liquidate consolidated subsidiary P.T. NITORI FURNITURE INDONESIA and that liquidation proceedings are under way.