Komori
FaithNetwork (3489) · FactRestated

Subsidiaries excluded from consolidation due to immateriality

First written in FY2019-Q3. 15 of 18 entries say "Restated". Latest entry: FY2025.

18entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2019-Q3 – FY2023-Q3RestatedFY2024-Q3 – FY20252019: 420192020: 420202021: 220212022: 320222023: 320232024: 120242025: 12025
Same theme, other companies
Non-preparation of consolidated financial statements because subsidiaries are immaterialA theme 40 companies write about · 0 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2026: 3 of 20 companies on the "Worse" side.

21 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 40 companies compared. The sentences above are computed from all 40.
Full recordFilings, disclosures and news, newest first
  1. FY2025RestatedAnnual report

    「The three unconsolidated subsidiaries are all small companies, and their combined total assets, sales, net income or loss for the period (pro rata) and retained earnings (pro rata), among other items, have no material effect on the consolidated financial statements.」

    Continues to treat FAITHアセットマネジメント, フェイスプロパティーズ and フェイスFPサロン as unconsolidated subsidiaries because they are not material.
  2. FY2024-Q3RestatedAnnual report

    「In addition, following the acquisition of all shares in 株式会社岩本組 on 14 July 2023, the Company has prepared quarterly consolidated financial statements from the second-quarter consolidated accounting period.」

    Continues to disclose in the third-quarter report that, following the acquisition of all shares in 岩本組, consolidated financial statements have been prepared from the second-quarter consolidated accounting period.
  3. FY2024-Q2Transition from unconsolidated to consolidated accountingAnnual report

    「Following the acquisition of all shares in 株式会社岩本組 on 14 July 2023, the Company has prepared quarterly consolidated financial statements from the second-quarter consolidated accounting period.」

    Following the acquisition of all shares in 岩本組, states that it transitioned from previously disclosing unconsolidated financial statements to preparing consolidated financial statements from the second-quarter consolidated accounting period.
  4. FY2024-Q1Scheduled to transition to consolidated accounting from the second quarterAnnual report

    「Following this acquisition of shares, the Company is scheduled to transition to consolidated accounting from the second quarter of the fiscal year ending March 2024.」

    Although the Company prepared unconsolidated financial statements for the current quarter because the subsidiary was not material, it stated that it was scheduled to transition to consolidated accounting from the second quarter of the fiscal year ending March 2024 following the acquisition of shares in 岩本組.
  5. FY2023-Q3RestatedAnnual report

    「We do not prepare quarterly consolidated financial statements because, considering the assets, revenue, profit or loss, retained earnings, cash flows and other items of our subsidiaries, they are not material to the extent that their omission would prevent a reasonable assessment of the financial position, operating results and cash flows of our group.」

    Continues not to prepare quarterly consolidated financial statements because the subsidiary is not material.
  6. FY2023-Q2RestatedAnnual report

    「The Company does not prepare quarterly consolidated financial statements because, in view of the assets, net sales, profit or loss, retained earnings, cash flows and other items of its subsidiaries, they are not sufficiently material to prevent reasonable judgments regarding the financial position, operating results and cash flows of the corporate group.」

    Continues not to prepare quarterly consolidated financial statements because the subsidiary is not material.
  7. FY2023-Q1RestatedAnnual report

    「Under Article 5, Paragraph 2 of the “Regulations Concerning the Terminology, Forms and Preparation Methods of Quarterly Consolidated Financial Statements” (Cabinet Office Ordinance No. 64 of 2007), the Company does not prepare quarterly consolidated financial statements because, in view of the assets, net sales, profit or loss, retained earnings, cash flows and other items of its subsidiaries, they are not sufficiently material to prevent reasonable judgments regarding the financial position, operating results and cash flows of the corporate group.」

    Continues not to prepare quarterly consolidated financial statements because the subsidiary is not material.
  8. FY2022RestatedAnnual report

    「Because the company does not prepare consolidated financial statements, it does not disclose trends in major management indicators and other key figures for consolidated fiscal years.」

    Continues to disclose separate financial statements without preparing consolidated financial statements.
  9. FY2022-Q1RestatedAnnual report

    「Under Article 5, Paragraph 2 of the “Regulations Concerning the Terminology, Forms and Preparation Methods of Quarterly Consolidated Financial Statements” (Cabinet Office Ordinance No. 64 of 2007), the Company does not prepare quarterly consolidated financial statements because, in view of the assets, net sales, profit or loss, retained earnings, cash flows and other items of its subsidiaries, they are not sufficiently material to prevent reasonable judgments regarding the financial position, operating results and cash flows of the corporate group.」

    Continues not to prepare quarterly consolidated financial statements because the subsidiary is not material.
  10. FY2021-Q3RestatedAnnual report

    「Pursuant to Article 5, paragraph 2 of the Cabinet Office Ordinance on Terminology, Forms and Preparation Methods of Quarterly Consolidated Financial Statements (Cabinet Office Ordinance No. 64 of 2007), the Company does not prepare quarterly consolidated financial statements because, based on the subsidiary's assets, sales, profit or loss, retained earnings, cash flows and other items, its significance is insufficient to impede reasonable judgments regarding the financial position, operating results or cash flows of the corporate group.」

    Continues not to prepare quarterly consolidated financial statements because the subsidiary is not material.
  11. FY2021-Q2RestatedAnnual report

    「The Company does not prepare quarterly consolidated financial statements because, in view of the assets, net sales, profit or loss, retained earnings, cash flows and other items of its subsidiaries, they are not sufficiently material to prevent reasonable judgments regarding the financial position, operating results and cash flows of the corporate group.」

    Continues not to prepare quarterly consolidated financial statements because the subsidiary is not material.
  12. FY2021-Q1RestatedAnnual report

    「The Company does not prepare quarterly consolidated financial statements because, in view of the assets, net sales, profit or loss, retained earnings, cash flows and other items of its subsidiaries, they are not sufficiently material to prevent reasonable judgments regarding the financial position, operating results and cash flows of the corporate group.」

    Continues not to prepare quarterly consolidated financial statements because the subsidiary is not material.
  13. FY2020RestatedAnnual report

    「Because the company does not prepare consolidated financial statements, it does not disclose trends in major management indicators and other key figures for consolidated fiscal years.」

    Continues to prepare unconsolidated, separate financial statements in the annual report.
  14. FY2020-Q3RestatedAnnual report

    「The Company does not prepare quarterly consolidated financial statements because, based on the subsidiary's assets, sales, profit or loss, retained earnings, cash flows and other items, its significance is insufficient to impede reasonable judgments regarding the financial position, operating results or cash flows of the corporate group.」

    Continues not to prepare quarterly consolidated financial statements because the subsidiary is not material, even after the number of subsidiaries increased.
  15. FY2020-Q2RestatedAnnual report

    「The Company does not prepare quarterly consolidated financial statements because, in view of the assets, net sales, profit or loss, retained earnings, cash flows and other items of its subsidiaries, they are not sufficiently material to prevent reasonable judgments regarding the financial position, operating results and cash flows of the corporate group.」

    Continues not to prepare quarterly consolidated financial statements because the subsidiary is not material.
  16. FY2020-Q1RestatedAnnual report

    「Pursuant to Article 193-2, paragraph 1 of the Financial Instruments and Exchange Act, the Company has received a quarterly review by Ernst & Young ShinNihon LLC of its quarterly financial statements for the first quarter accounting period and the cumulative first-quarter period, each covering 1 April 2019 to 30 June 2019.」

    The Company continues not to prepare quarterly consolidated financial statements because the subsidiaries are not material.
  17. FY2019RestatedAnnual report

    「Because the company does not prepare consolidated financial statements, it does not disclose trends in major management indicators and other key figures for consolidated fiscal years.」

    Continues to disclose separate financial statements without preparing consolidated financial statements.
  18. FY2019-Q3First statedAnnual report

    「The Company does not prepare quarterly consolidated financial statements because, based on the subsidiary's assets, sales, profit or loss, retained earnings, cash flows and other items, its significance is insufficient to impede reasonable judgments regarding the financial position, operating results or cash flows of the corporate group.」

    States that quarterly consolidated financial statements are not prepared for the established subsidiary because it is not material.
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