I. Introduction
1. Purpose of the Project
The purpose of this our group was to analyze two similar hospitality companies by using tools learned in accounting class. Based on annual reports of two companies, our group members learned how the terms learned in class is actually used in the report. We hope to understand how certain variation affects accounting items and identify why certain does
of Full-time Employees (Consolidated) : 15,915 (As of February 29, 2012)
Paid-in Capital : 10,273 million yen
Number of Issued Shares : 106,073,656 (including holders of treasury stock)
Line of business : Control and management of overall group activities as owner and holding company
1.2 About Fast Retailing
Fast Retailing Co., Ltd. is a holding company. The specialty retailer UNIQLO
of hotel industry
Characteristic of hotel industry
The hospitality industry consists of companies within the food services, accommodations, recreation, and entertainment sectors.
The hospitality industry is a several billion dollar industry that mostly depends on the availability of leisure time and disposable income. A hospitality unit such as a restaurant, hotel, or even an am
of allowance for doubtful accounts
1,295
799.4
513
316.7
162
100
Foregin exchange and transaction gains
466,014
16983.0
11,112
405.0
2,744
100
Equity in earnings of affiliates
41,605
50.0
266,811
320.9
83,144
100
Gain on disposal of investment assets
18,661
69.2
3,005
11.1
26,975
100
Gain on disposal of P, E, and IA
4,217
94.7
7,306
164.1
4,
of the stockof a competing company if such an acquisition would "substantially lessen competition."
이 법령은 1914년도에 통과 되었으며 만약 경쟁기업의 주식 취득이 잠재적으로 경쟁을 줄일 때 경쟁기업의 주식 취득을 금지하는 법령이다
60. Clean float : A floating exchange rate system in which there is absolutely no intervention by governments