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Translation Member of the Financial Accounting Standards Foundation July 15, 2011, Consolidated Financial Results for the Fiscal Year Ended May 31, 2011, Japanese GAAP To Tango Co., Ltd. Tokyo Stock

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What is consolidated financial results for?

Consolidated financial results are prepared to provide a combined view of the financial performance and position of a group of companies. It consolidates the individual financial statements of subsidiary companies into one set of financial statements.

Who is required to file consolidated financial results for?

Companies that control other companies, known as parent companies, are required to file consolidated financial results. This includes companies with significant influence over another company's financial and operational policies.

How to fill out consolidated financial results for?

To fill out consolidated financial results, the parent company must first gather the individual financial statements of all subsidiary companies. They then consolidate these financial statements by eliminating intercompany transactions and balances, and combining the remaining balances. Finally, the consolidated financial statements are prepared following applicable accounting standards and reporting requirements.

What is the purpose of consolidated financial results for?

The purpose of consolidated financial results is to provide stakeholders with a comprehensive understanding of the financial performance and position of a group of companies. It allows for better analysis, decision-making, and comparison of financial information across the entire group.

What information must be reported on consolidated financial results for?

Consolidated financial results typically include the consolidated income statement, balance sheet, cash flow statement, and statement of changes in equity. Additionally, relevant notes and disclosures are included to provide further information on the consolidation process and related matters.

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