Transition to Consolidated Financial Statements Following SANKO海商 Becoming a Subsidiary
First written in FY2022-Q2. 6 of 8 entries say "Advanced", first in FY2022. Latest entry: FY2026-H1.
16 other companies' latest entry also says "Other".
- FY2026-H1Reduction in scope of consolidationAnnual report
「During the interim consolidated accounting period, 株式会社SANKO INTERNATIONAL, formerly a consolidated subsidiary and now 株式会社BESTIE INTERNATIONAL, was excluded from the scope of consolidation and included in the scope of application of the equity method because its ownership interest declined following the transfer of part of its shares. In addition, AKIKO SERVICE AND TRADING JOINT STOCK COMPANY, formerly an equity-method affiliate, was excluded from the scope of application of the equity method because all of its shares were transferred.」
SANKO INTERNATIONAL, now BESTIE INTERNATIONAL, changed from a consolidated subsidiary to an equity-method affiliate following the transfer of part of its shares, while AKIKO SERVICE AND TRADING was excluded from the scope of application of the equity method following the transfer of all its shares. - FY2024AdvancedAnnual report
「The Group consequently consisted of the Company and 5 subsidiaries.」
The 2 companies whose materiality had increased and newly established SANKO INTERNATIONAL were included in the scope of consolidation, resulting in a structure comprising 5 consolidated subsidiaries. AKIKO SERVICE AND TRADING JOINT STOCK COMPANY was also accounted for under the equity method. - FY2024-Q2AdvancedAnnual report
「株式会社ジーエス, formerly an unconsolidated subsidiary (renamed 株式会社綜合食品販売 on 1 December 2023), and 株式会社サンヘイ, also formerly an unconsolidated subsidiary (renamed 株式会社ジーエスサンヘイ on 1 December 2023), have been included in the scope of consolidation since the first quarter of the fiscal year because their materiality increased. In addition, SANKO INTERNATIONAL was newly established on 25 December 2023 and has been included as a consolidated subsidiary since the end of the second quarter. As a result, as of 31 December 2023, the Group consisted of the Company and 5 subsidiaries.」
In addition to the 2 existing companies, SANKO INTERNATIONAL, established on 25 December 2023, was included as a consolidated subsidiary from the end of the second quarter, bringing the number of Group companies to 5. - FY2024-Q1AdvancedAnnual report
「株式会社ジーエス and 株式会社サンヘイ, which had been non-consolidated subsidiaries of the Company, were included in the scope of consolidation beginning with the first quarter of the current consolidated fiscal year because their significance had increased. As a result, as of 30 September 2023, the Group consisted of the Company and 4 subsidiaries.」
As the significance of 株式会社ジーエス and 株式会社サンヘイ increased, they were included in the scope of consolidation beginning with the first quarter of the current consolidated fiscal year. - FY2023-Q2AdvancedAnnual report
「The Company acquired all shares of 綜合食品 and made it a subsidiary on 1 July 2022. For the first quarter of the current consolidated fiscal year, only the balance sheet was consolidated, while the income statement was also consolidated beginning with the second quarter.」
Following the acquisition of 綜合食品 as a subsidiary, the Company progressed from consolidating only the balance sheet in the first quarter to consolidating the income statement as well from the second quarter. - FY2023-Q1AdvancedAnnual report
「Beginning with the first quarter of the current consolidated fiscal year, the Company included 綜合食品 in the scope of consolidation as a result of acquiring its shares. The acquisition date was 1 July 2022, and because the difference from the quarterly consolidated balance-sheet date did not exceed 3 months, only the balance sheet was consolidated for the first quarter of the current consolidated fiscal year.」
Following the acquisition of 綜合食品 as a subsidiary, the Company included it in the scope of consolidation from the first quarter, with an acquisition date of 1 July 2022, and consolidated its balance sheet. - FY2022AdvancedAnnual report
「As the Group has prepared consolidated financial statements beginning with the current consolidated fiscal year, no comparison or analysis with the previous consolidated fiscal year is provided.」
Following the acquisition of SANKO海商 as a subsidiary, the transition to consolidated accounting was implemented for the full-year financial statements, advancing disclosure based on consolidated financial statements. - FY2022-Q2First statedAnnual report
「During the second quarter of the current consolidated fiscal year, the Company acquired shares of SANKO海商 and made it a subsidiary. Accordingly, beginning with the second quarter of the fiscal year ending June 2022, the Company transitioned from non-consolidated to consolidated accounting.」
Following the acquisition of SANKO海商 as a subsidiary, the Company transitioned from non-consolidated to consolidated accounting beginning in the second quarter of the fiscal year ending June 2022. The balance sheet only was consolidated for the current quarter.