Softcreate Holdings Corp. (3371) · InitiativeRestated
Acquisition of shares in Exgen Networks and its classification as an equity-method affiliate
First written in FY2019-Q3. 2 of 4 entries say "Restated". Latest entry: FY2025.
4entries
7years
0from disclosures
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Same theme, other companies
Commencement of Equity-Method Accounting for an Associate Following a Share AcquisitionA theme 95 companies write about · 1 as a headwind · 74 as a tailwind
16 other companies' latest entry also says "Restated".
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Showing 14 of the 95 companies compared. The sentences above are computed from all 95.Full recordFilings, disclosures and news, newest first
- FY2025RestatedAnnual report
「エクスジェン・ネットワークス Co., Ltd. IT solutions business 81.4 (81.4)」
エクスジェン・ネットワークス is listed as a consolidated subsidiary, with an ownership interest carrying voting rights of 81.4%. - FY2021-Q3AdvancedAnnual report
「From the current third quarter consolidated accounting period, we acquired エクスジェン・ネットワークス株式会社, which had been an equity-method affiliate, and made it a consolidated subsidiary.」
For エクスジェン・ネットワークス, we acquired an additional 2.24% on top of the 48.15% already held, bringing the voting rights ratio to 50.39% and making it a consolidated subsidiary. The business combination date was 31 December 2020, and goodwill of ¥55.461 million and a gain on step acquisition of ¥41.899 million were recognized. - FY2019RestatedAnnual report
「As we newly acquired shares in エクスジェンネットワークス株式会社, we have included the company within the scope of the equity method from the current consolidated fiscal year.」
The full-year consolidated financial statements confirm that エクスジェンネットワークス is newly classified as an equity-method affiliate. - FY2019-Q3First statedAnnual report
「From the third quarter of the fiscal year under review, Exgen Networks Co., Ltd. has newly been classified as an equity-method affiliate.」
Exgen Networks became a new equity-method affiliate from the third quarter as a result of the acquisition of its shares.