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Altech (9972) · InitiativeCited as achieved

Withdrawal from Indonesian Consolidated Subsidiary

First written in FY2016-Q2. 3 of 6 entries say "Restated". Latest entry: FY2017.

6entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016-Q2 – FY2016-Q3RestatedFY2017-Q1 – FY20172016: 220162017: 320172018: 12018
Same theme, other companies
End of Indonesian market research and sale of local subsidiaryA theme 2 companies write about · 1 as a headwind · 0 as a tailwind

0 other companies' latest entry also says "Cited as achieved".

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Full recordFilings, disclosures and news, newest first
  1. FY2017Cited as achievedAnnual report

    「This was due to the withdrawal from the Preform Business at some consolidated subsidiaries, with the breakdown as follows.」

    The withdrawal is not a measure currently in progress; it is cited as a past event in explaining the business-withdrawal loss incurred in the previous fiscal year.
  2. FY2017-Q2RestatedAnnual report

    「In the Preform Business, net sales declined from the same quarter of the previous fiscal year, mainly because the company decided to withdraw from its consolidated subsidiaries in China and Indonesia after the previous consolidated fiscal year.」

    The company continues to state that it decided to withdraw from the consolidated subsidiaries in China and Indonesia, but does not state that the withdrawal has been completed.
  3. FY2017-Q1RestatedAnnual report

    「Net sales declined from the same quarter of the previous fiscal year, mainly because the company decided to withdraw from its consolidated subsidiaries in China and Indonesia during the previous consolidated fiscal year.」

    The company again states that it decided to withdraw from the consolidated subsidiaries in China and Indonesia, but does not state that the withdrawal has been completed.
  4. FY2016RaisedAnnual report

    「We worked to restore performance, including by deciding to withdraw from the consolidated subsidiaries in China and Indonesia.」

    In addition to Indonesia, which had been mentioned previously, the consolidated subsidiary in China was also included in the decision to withdraw, expanding the scope. The company does not state that the withdrawal has been completed.
  5. FY2016-Q3RestatedAnnual report

    「We worked to restore performance, including by deciding to withdraw from the Indonesian consolidated subsidiary.」

    The company continues to state that a decision was made to withdraw, but does not state that the withdrawal has been completed.
  6. FY2016-Q2First statedAnnual report

    「We worked to restore performance, including by deciding to withdraw from the Indonesian consolidated subsidiary.」

    The company states that it decided to withdraw from the Indonesian consolidated subsidiary, but does not state that the withdrawal has been completed.
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Withdrawal from Indonesian Consolidated Subsidiary | ALTECH CO.,LTD. (9972) | Komori