Subsidiary Negative Equity and Liability Resolution
First written in FY2016. 2 of 6 entries say "Worsened", first in FY2022. Latest entry: FY2026.
Premium Water Holdings moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2018: 6 of 10 companies on the "Worse" side.
10 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「株式会社DREAMBEER had negative net worth, amounting to ¥5,579 million as of the end of March 2026.」
In addition to the negative net worth previously disclosed for SINGAPORE FLC PTE. LTD., the Company disclosed negative net worth of ¥5,579 million for affiliated company DREAMBEER. The financial risks of the subsidiaries and affiliated company were quantified substantially more clearly. - FY2025MitigatedAnnual report
「SINGAPORE FLC PTE. LTD. had negative net worth, amounting to ¥172 million as of the end of March 2025.」
The amount of negative net worth decreased from ¥173 million in the previous fiscal year to ¥172 million. The company covered remained SINGAPORE FLC PTE. LTD. - FY2024MitigatedAnnual report
「SINGAPORE FLC PTE. LTD. had negative net worth, amounting to ¥173 million as of the end of March 2024.」
SINGAPORE FLC PTE. LTD. remained the company disclosed as having negative net worth, while the amount decreased from ¥179 million in the previous fiscal year to ¥173 million. - FY2023Change in companies subject to disclosure of negative net worthAnnual report
「SINGAPORE FLC PTE. LTD. had negative net worth, amounting to ¥179 million as of the end of March 2023.」
While negative net worth had been disclosed for 3 companies in the previous fiscal year, the Company disclosed negative net worth of ¥179 million for SINGAPORE FLC PTE. LTD. in the current fiscal year, reflecting a change in the companies covered and the composition of the amounts. - FY2022WorsenedAnnual report
「エフエルシープレミアム株式会社, 株式会社LUXURY and SINGAPORE FLC PTE. LTD. had negative net worth, amounting to ¥312 million, ¥75 million and ¥292 million, respectively, as of the end of March 2022.」
For the 3 companies with negative net worth, the Company disclosed aggregate negative net worth of ¥679 million, quantifying the subsidiaries' financial risk. - FY2016First statedAnnual report
「株式会社アイディール・ライフ was insolvent, with negative net worth of ¥119.326 million as of the end of March 2016.」
The Company disclosed the negative net worth of アイディール・ライフ, ディー・アクション and ウェルウォータ, and separately identified the restructuring of subsidiary liabilities as a challenge.