Medius Holdings (3154) · FactRestated
Exclusion of ジオット from Consolidated Subsidiaries Following Transfer of All Shares
First written in FY2019. 1 of 3 entries say "Restated". Latest entry: FY2020-Q2.
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Removal from the Scope of Consolidation Through the Transfer of Shares in a SubsidiaryA theme 310 companies write about · 44 as a headwind · 220 as a tailwind
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- FY2020-Q2RestatedAnnual report
「Loss on sale of shares in affiliated companies － 16,408」
A loss on sale of shares in an affiliated company of ¥16.408 million in connection with the transfer of all shares of ジオット was also recognized during the cumulative second quarter. - FY2020-Q1Loss on transfer of ジオットAnnual report
「Loss on sale of shares in affiliated companies ¥16.408 million」
In connection with the transfer of all shares of ジオット, a loss on sale of shares in an affiliated company of ¥16.408 million was recognized as an extraordinary loss. - FY2019First statedAnnual report
「At a meeting of its Board of Directors held on 21 May 2019, the Company resolved to transfer all shares of its consolidated subsidiary ジオット to 株式会社シバタインテック, and transferred all shares effective 1 July 2019. As a result of this transfer, 株式会社ジオット will be removed from the Company's consolidated subsidiaries.」
It states for the first time that all shares of ジオット were transferred without consideration effective 1 July 2019 and that it was removed from the consolidated subsidiaries. In light of the competitive environment in Fukushima Prefecture, sales and logistics synergies with シバタインテック are cited as the reasons for the transfer.