Transition to Non-Consolidated Financial Reporting Following Subsidiary Liquidation
First written in FY2017. 2 of 7 entries say "Restated". Latest entry: FY2020.
50 other companies' latest entry also says "Achieved".
- FY2020AchievedAnnual report
「Under this merger agreement, the 3 consolidated subsidiaries merged as of 1 April 2020.」
With 宗國玄品ふぐ as the surviving company, 東國玄品ふぐ and 西國玄品ふぐ were absorbed through a merger, completing the integration of the 3 subsidiaries. - FY2020-Q1AdvancedAnnual report
「In addition, during the first quarter of the current consolidated fiscal year, the Company acquired shares in VLSG Pte. Ltd., which operated "Genpin Singapore," and made it a subsidiary, so it was included in the scope of consolidation. As a result, the Group came to consist of the Company, 5 consolidated subsidiaries and 1 equity-method affiliate.」
The acquisition of shares in and conversion into a subsidiary of the Singapore restaurant operator increased the number of consolidated subsidiaries to 5, resulting in a group structure that also included 1 equity-method affiliate. - FY2019-Q1AdvancedAnnual report
「As a result, the Group came to consist of the Company and 4 consolidated subsidiaries.」
The number of consolidated subsidiaries increased from 3 to 4 following the establishment of a Shanghai subsidiary to develop business in China. - FY2018-Q3ReframedAnnual report
「As a result, as of 31 December 2017, the Group consisted of the Company and 3 consolidated subsidiaries.」
With the transition from non-consolidated accounting following the liquidation of the former subsidiaries to a holding-company structure, 3 companies were included in the scope of consolidation and the Group began preparing quarterly consolidated financial statements. - FY2018-Q2RestatedAnnual report
「As the former consolidated subsidiaries 株式会社だいもん and 株式会社関門福楽館 completed their liquidations as of 17 March 2017 and the Company consequently had no consolidated subsidiaries, quarterly consolidated financial statements were not prepared for the cumulative second-quarter period of the 30th fiscal year.」
The Company continued to use non-consolidated accounting following the liquidation of its subsidiaries and did not prepare quarterly consolidated financial statements for the cumulative second-quarter period. - FY2018-Q1RestatedAnnual report
「As we have no subsidiaries, we do not prepare quarterly consolidated financial statements.」
The Company continues to use non-consolidated accounting following the liquidation of its subsidiaries and did not prepare quarterly consolidated financial statements for the first quarter. - FY2017First statedAnnual report
「As the liquidation of the consolidated subsidiaries 株式会社だいもん and 株式会社関門福楽館 in March 2017 left the Company with no consolidated subsidiaries, consolidated financial statements have not been prepared since the current fiscal year.」
Because the Company no longer had any consolidated subsidiaries, it stopped preparing consolidated financial statements from the fiscal year ended March 2017 and transitioned to non-consolidated accounting.