Change to provisional closing at 島忠's quarterly closing date
First written in FY2022-Q1. 2 of 3 entries say "Restated". Latest entry: FY2022.
15 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「㈱島忠, which became a new consolidated subsidiary in the previous consolidated fiscal year, used financial statements as of 30 November 2020, the deemed acquisition date, and made the necessary consolidation adjustments for significant transactions arising between that date and the consolidated closing date. To provide more appropriate disclosure in the consolidated financial statements, from the current consolidated fiscal year we changed to a method of conducting a provisional closing at the consolidated closing date.」
The change for 島忠 to a method involving a provisional closing at the consolidated closing date is reconfirmed in the full-year disclosure. - FY2022-Q3RestatedAnnual report
「株式会社島忠 became a consolidated subsidiary in the previous consolidated fiscal year. We used financial statements as of 30 November 2020, the deemed acquisition date, and made the necessary consolidation adjustments for significant transactions arising between that date and the consolidated closing date. To provide more appropriate disclosure in the consolidated financial statements, from the first quarter we changed to a method of conducting a provisional closing at the quarterly consolidated closing date.」
The change for 島忠 to a method involving a provisional closing at the quarterly consolidated closing date is reconfirmed. - FY2022-Q1First statedAnnual report
「株式会社島忠, which became a new consolidated subsidiary in the previous consolidated fiscal year, used financial statements as of 30 November 2020, the deemed acquisition date, and made the necessary consolidation adjustments for significant transactions arising between that date and the consolidated closing date. To provide more appropriate disclosure in the consolidated financial statements, from the first quarter of the current consolidated fiscal year we changed to a method of conducting a provisional closing at the quarterly consolidated closing date.」
For 島忠, the company states that it changed from using financial statements based on the deemed acquisition date to a consolidation method involving a provisional closing at the quarterly consolidated closing date.