Dissolution, liquidation and deconsolidation of Japan Third Party of Americas
First written in FY2023. 5 of 7 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026RestatedAnnual report
「As the overseas subsidiary Japan Third Party of Americas, Inc., which is in the process of dissolution and liquidation, became immaterial, it was excluded from the scope of consolidation, and the company has not prepared consolidated financial statements since the 37th fiscal year.」
The company has reaffirmed that the overseas subsidiary's liquidation procedures remain ongoing and that it reports on an unconsolidated basis because the subsidiary is not material. - FY2026-H1RestatedAnnual report
「The overseas subsidiary Japan Third Party of Americas, Inc. is in the process of dissolution and liquidation. As it is not material and has been excluded from the scope of consolidation, the company does not prepare interim consolidated financial statements.」
The company has reaffirmed that the liquidation procedures for Japan Third Party of Americas, Inc. remain ongoing and that it reports on an unconsolidated basis because the subsidiary is not material. - FY2025RestatedAnnual report
「In connection with the resolution to dissolve and liquidate the subsidiary, its liquidation had not been completed as of the reporting date. However, the subsidiary was not material in quantitative or qualitative terms, and as the company had no other subsidiaries, it has not prepared consolidated financial statements since the 37th fiscal year.」
The company has reaffirmed in its annual report that the liquidation of Japan Third Party of Americas,Inc. has not been completed and that it has operated on an unconsolidated basis since the 37th fiscal year. - FY2025-H1RestatedAnnual report
「At a Board of Directors meeting held on 15 May 2023, the company resolved to dissolve and liquidate its subsidiary, Japan Third Party of Americas,Inc. In connection with this resolution, the liquidation had not been completed as of the reporting date. However, the subsidiary was not material in quantitative or qualitative terms, and as the company had no other subsidiaries, the company did not prepare interim consolidated financial statements.」
The company has reaffirmed that the liquidation of Japan Third Party of Americas,Inc. has not been completed and that it does not prepare interim consolidated financial statements because it has no other subsidiaries. - FY2024-Q3RestatedAnnual report
「In connection with the resolution to dissolve and liquidate the subsidiary, its liquidation had not been completed as of the reporting date. However, the subsidiary was not material in quantitative or qualitative terms, and as the company had no other subsidiaries, it transitioned to unconsolidated accounting from the first quarter accounting period.」
The company has reaffirmed that the liquidation of Japan Third Party of Americas,Inc. has not been completed, while the company has transitioned to unconsolidated accounting because it has no other subsidiaries. - FY2024-Q1AdvancedAnnual report
「As the company has no other subsidiaries, it transitioned to unconsolidated accounting from the first quarter accounting period.」
Regarding the dissolution and liquidation of Japan Third Party of Americas,Inc., resolved in the previous fiscal year, the liquidation has not been completed, but the company transitioned to unconsolidated accounting from the first quarter accounting period. - FY2023First statedAnnual report
「At a Board of Directors meeting held on 15 May 2023, the company resolved to dissolve and liquidate its subsidiary, Japan Third Party of Americas,Inc. ... The company will transition to unconsolidated accounting from the beginning of the fiscal year ending March 2024.」
The company has disclosed for the first time its policy of dissolving and liquidating its dormant U.S. subsidiary and transitioning to unconsolidated accounting from the beginning of the fiscal year ending March 2024.