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Article 19
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A consolidated financial report shall provide notes and explanations on any of the following subsequent events that occur between the consolidated balance sheet date and the date on which the financial report is issued:
- Any change in capital structure.
- Any long-term and short-term borrowings in substantial amounts (including loans needed by an insurance subsidiary to pay major claims).
- Any addition, expansion, construction, lease, obsolescence, idleness, sale, pledge, transfer, or long-term lease of major assets.
- Any material change in scope of operations and operational strategy.
- Any acquisition of a major part of the operations, assets, and liabilities of another financial institution, or transfer of such to another financial institution.
- Any material change in the method of provisioning insurance subsidiary reserves.
- Any major investments in other enterprises.
- Any losses caused by major disasters.
- Any deterioration of major assets or loan write-offs.
- Any major litigation pending or concluded.
- Any signing, completion, cancellation, or voidance of major contracts.
- Any major organizational adjustments and significant reforms of the management system.
- Any material effects of changes in government acts and regulations.
- Any other significant events or measures that could affect future financial condition, operating results, or cash flows.
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