Sms (2175) · InitiativeAchieved

Exclusion from the Scope of Consolidation Following the Sale of the Taiwan Subsidiary

First written in FY2017-Q1. 1 of 1 entries say "Achieved", first in FY2017-Q1. Latest entry: FY2017-Q1.

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Removal from the Scope of Consolidation Through the Transfer of Shares in a SubsidiaryA theme 314 companies write about · 44 as a headwind · 223 as a tailwind

56 other companies' latest entry also says "Achieved".

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FY2017-Q1AchievedAnnual report
「On 28 April 2016, the Company resolved to sell all equity interests in 知恩思資訊股份有限公司<台湾> (hereinafter, “SMS Taiwan”), a consolidated subsidiary in which a wholly owned subsidiary of the Company holds an 89.9% stake, to Wang Zhaoyun (王照允), its chairman, and entered into the agreement on the same day. As a result of the transfer, SMS Taiwan and its subsidiary 台灣健康宅配科技股份有限公司<台湾> were excluded from the Company’s consolidated subsidiaries from the first quarter of the current fiscal year.」
The sale of all equity interests in the Taiwanese subsidiary was approved and contracted, and it was excluded from the scope of consolidation from the first quarter.

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Sms's next results are scheduled for 2026-10-29. Read the earnings preview

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