Expansion of Collaboration with アイネス through a Capital and Business Alliance and Application of the Equity Method
First written in FY2019. 1 of 3 entries say "Achieved", first in FY2020-Q1. Latest entry: FY2020-Q2.
16 other companies' latest entry also says "Restated".
- FY2020-Q2RestatedAnnual report
「As a result of the company's additional acquisition of shares, INES Corporation has been accounted for as an equity-method affiliate since the first quarter of the current consolidated fiscal year.」
The second-quarter report reconfirms that the additional acquisition of shares in INES Corporation and its classification as an equity-method affiliate were the accounting treatment applied from the first quarter. - FY2020-Q1AchievedAnnual report
「As a result of the company's additional acquisition of shares, INES Corporation has been accounted for as an equity-method affiliate since the first quarter of the current consolidated fiscal year.」
The company confirms that the additional acquisition of shares in INES Corporation and its classification as an equity-method affiliate, described for FY2019, took effect from the first quarter of the consolidated fiscal year. Equity-method investment income includes ¥1,333 million equivalent to negative goodwill. - FY2019First statedAnnual report
「The company resolved to acquire additional shares in order to further strengthen its collaboration with INES Corporation and accelerate joint initiatives in new business areas, and entered into a share transfer agreement with Hitachi Solutions, Ltd. The transaction made INES Corporation an equity-method affiliate of the group effective 1 October 2019. The number of shares acquired was 1,562,000, bringing the number of shares held after the acquisition to 4,052,000, representing 17.10% of voting rights.」
The company acquired additional shares in INES Corporation, making it an equity-method affiliate effective 1 October 2019. The stated purposes were to strengthen collaboration and accelerate joint initiatives in new business areas.