Financial results for the fiscal year ended March, about 160 companies postponed. Impact of spread of infection April 21, 4:53
Due to the spread of new coronavirus infection, companies are delaying the work of overseas subsidiaries due to global restrictions on going out, etc. By now, about 160 companies have postponed the announcement of financial results.
Listed companies in the fiscal year ending in February and the fiscal year ending in March announce annual financial results from April to mid-May.
However, due to the spread of the new coronavirus infection, more and more companies are postponing their financial statements.
According to data from the Tokyo Stock Exchange, 115 companies in total for the fiscal year ending in March have postponed the originally announced date of settlement of accounts.
Postponements have been announced one after another, and according to the NHK summary, about 160 companies have decided to postpone by the 20th.
The reason for this is that each company is not able to attend the accounting staff of overseas subsidiaries due to the effect of going out restrictions worldwide, and the fact that the number of employees working at home in Japan is increasing, and the counting and auditing responses are delayed. I am.
The Tokyo Stock Exchange requires listed companies to announce their financial results within 45 days of the end of the period, but it has allowed the postponement due to the spread of infection.
Also, the Financial Services Agency and others are saying that they can postpone the holding of the general meeting of shareholders, which is the place to approve the settlement of accounts, and call on companies to take measures to collect accurate settlement of accounts regardless of the original schedule.