Transfer of the Thai subsidiary’s interest and exclusion from the scope of consolidation
First written in FY2025. 1 of 3 entries say "Achieved", first in FY2026-H1. Latest entry: 2026-05-14.
The whole theme swung hardest in 2023: 2 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Cited as achieved".
- 2026-05-14Cited as achievedEarnings
「We recorded extraordinary income from the transfer of the shares of Sahakit Wisarn Co., Ltd., formerly a consolidated subsidiary in the mat business.」
The transfer of the shares of the Thai subsidiary was cited as a factor contributing to extraordinary income for the fiscal year. - FY2026-H1AchievedAnnual report
「前期において連結子会社であったサハキット・ウィサーン社を株式譲渡に伴い連結の範囲から除外し、連結対象子会社が存在しなくなったため、当中間会計期間より非連結決算に移行いたしました。」
The Company stated that Sahakit Wisarn Co., Ltd. was excluded from consolidation following the transfer of its shares, leaving no subsidiaries subject to consolidation. - FY2025First statedAnnual report
「At a meeting of the Board of Directors held on 26 May 2025, the Company resolved to agree to a memorandum of understanding (MOU) with its consolidated subsidiary Sahakit Wisarn Co., Ltd. Under the MOU, the Company will transfer its shares in Sahakit Wisarn Co., Ltd., and once the entire transfer is completed, the important license agreement between the two parties will be terminated, causing Sahakit Wisarn Co., Ltd. to cease being under the Company's control. Accordingly, Sahakit Wisarn Co., Ltd. is expected to be excluded from the Company's consolidated subsidiaries around the first quarter of the fiscal year ending March 2026.」
For the first time, the Company specifically described the structural changes involving Sahakit Wisarn Co., Ltd., its production base for the mat business in Thailand, including the transfer of shares, termination of the license agreement and exclusion from consolidation.