Jade Group (3558) · InitiativeAchieved
Transfer of Interest in L Capital TOKYO株式会社 and Removal from Equity-Method Accounting
First written in FY2019-Q2. 1 of 2 entries say "Achieved", first in FY2019-Q3. Latest entry: FY2019-Q3.
2entries
2years
0from disclosures
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Same theme, other companies
Exclusion from Equity-Method Accounting Due to Sale of an Equity InterestA theme 55 companies write about · 1 as a headwind · 17 as a tailwind
15 other companies' latest entry also says "Achieved".
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Showing 14 of the 55 companies compared. The sentences above are computed from all 55.Full recordFilings, disclosures and news, newest first
- FY2019-Q3AchievedAnnual report
「As a gain on the sale of shares of an affiliated company of ¥397.675 million was recognized following the sale of shares in L Capital TOKYO株式会社, the quarterly net loss attributable to owners of the parent was ¥136.424 million.」
The transfer of shares in L Capital TOKYO株式会社, described in the previous quarter as an agreement signing, was completed, and a gain on the sale of shares of an affiliated company of ¥397.675 million was recognized. - FY2019-Q2First statedAnnual report
「On 31 August 2018, we entered into an agreement to transfer 30% of our shares in the associate L Capital TOKYO株式会社. As a result, our ownership interest in L Capital TOKYO株式会社 became 10%, and L Capital TOKYO株式会社 was excluded from our associates accounted for under the equity method.」
The Company entered into an agreement to transfer 30% of the shares of L Capital TOKYO株式会社, reducing its interest to 10% and excluding the company from associates accounted for under the equity method.