Tendering Minoriソリューションズ Shares in the Tender Offer and Exclusion from Equity-Method Accounting
First written in FY2019. 1 of 3 entries say "Achieved", first in FY2020-Q1. Latest entry: FY2020-Q2.
The whole theme swung hardest in 2026: 1 of 7 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- FY2020-Q2RestatedAnnual report
「Minori Solutions Co., Ltd., which was an equity-method affiliate in the previous consolidated fiscal year, ceased to qualify as an equity-method affiliate from the first quarter of the current consolidated fiscal year because Mitsubishi Research Institute DCS Co., Ltd., the company's consolidated subsidiary, sold all of its shares in the company.」
The second-quarter report reconfirms the sale of all Minori Solutions shares and its removal from equity-method affiliates as a change effective from the first quarter. - FY2020-Q1AchievedAnnual report
「Minori Solutions Co., Ltd., which was an equity-method affiliate in the previous consolidated fiscal year, ceased to qualify as an equity-method affiliate from the first quarter of the current consolidated fiscal year because Mitsubishi Research Institute DCS Co., Ltd., the company's consolidated subsidiary, sold all of its shares in the company.」
The company confirms that DCS sold all of its Minori Solutions shares and that Minori Solutions ceased to be an equity-method affiliate from the first quarter of the consolidated fiscal year, following the tender offer and subsequent share transfer described for FY2019. - FY2019First statedAnnual report
「At a meeting of the board of directors held on 1 November 2019, the company resolved to tender all 1,378,000 common shares of Minori Solutions Co., Ltd. held by its consolidated subsidiary Mitsubishi Research Institute DCS Co., Ltd. into the tender offer conducted by SCSK Corporation. As the tender offer was successful on 13 December 2019, all shares of Minori Solutions Co., Ltd. will subsequently be transferred to the tender offeror.」
The company states that all 1,378,000 Minori Solutions shares held by DCS would be tendered into the tender offer and transferred after the offer became successful. As a result, Minori Solutions was expected to cease being an equity-method affiliate.