TETSUJIN Holdings (2404) · FactAdvanced
Founding capital loan to TBH and making it a consolidated subsidiary
First written in FY2020-Q1. 1 of 2 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2020-Q2.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
TBH becomes a consolidated subsidiary through a loan of startup fundingA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
No other company in this theme has enough history to compare yet.
Full recordFilings, disclosures and news, newest first
- FY2020-Q2AdvancedAnnual report
「From the second quarter, the Company's wholly owned subsidiary TBH acquired the business of all 10 Rich to eyelash and nail salons operated by Nexia in the Chukyo region on 1 December 2019 and commenced its beauty business.」
TBH progressed from the stage of becoming a consolidated subsidiary and receiving a founding capital loan to acquiring the business of all 10 Rich to beauty salons and commencing its beauty business. - FY2020-Q1First statedAnnual report
「The Company provided a founding capital loan to TBH, a wholly owned subsidiary. As TBH became more financially material as a result, it was included in the scope of consolidation.」
TBH became more financially material as a result of the founding capital loan and was included in the scope of consolidation from the current first quarter consolidated accounting period.