Subsidiary Oversight and Misconduct Risk
First written in FY2016. 4 of 7 entries say "Reframed", first in FY2021. Latest entry: FY2025.
GMO Payment Gateway moved to the "Worse" side of this theme in 2021, 5 years before the typical company in this theme (2026).
The whole theme swung hardest in 2024: 4 of 16 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「We have 14 consolidated subsidiaries and 3 equity-method affiliates as related companies.」
Following the addition of GMOエンペイ as a subsidiary, the related-company structure was updated to include 14 consolidated subsidiaries. - FY2024ReframedAnnual report
「We have 13 consolidated subsidiaries and 3 equity-method affiliates as related companies.」
The related-company structure was updated to include 13 consolidated subsidiaries and 3 equity-method affiliates. - FY2022ReframedAnnual report
「We have 13 consolidated subsidiaries and 4 equity-method affiliates as related companies. The profit and loss position of each company is incorporated into our Group's consolidated financial statements: for a consolidated subsidiary, it is consolidated, and for an equity-method affiliate, it is reflected as equity-method income or loss. This may affect our Group's operating results and financial position.」
The number of consolidated subsidiaries was updated to 13, reflecting the April 2022 merger of ビュフォート and the sale of 2C2P. - FY2021ReframedAnnual report
「We have 14 consolidated subsidiaries and 4 equity-method affiliates as related companies. The profit and loss position of each company is incorporated into our Group's consolidated financial statements: for a consolidated subsidiary, it is consolidated, and for an equity-method affiliate, it is reflected as equity-method income or loss. This may affect our Group's operating results and financial position.」
Following the removal of Macro Kiosk Berhad from consolidation, the company showed the related-company structure as 14 consolidated subsidiaries and 4 equity-method affiliates, updating the number of subsidiaries and the composition of entities subject to management. - FY2019RestatedAnnual report
「We have 27 consolidated subsidiaries and 4 equity-method affiliates as related companies. The profit and loss position of each company is incorporated into our Group's consolidated financial statements: for a consolidated subsidiary, it is consolidated, and for an equity-method affiliate, it is reflected as equity-method income or loss. This may affect our Group's operating results and financial position.」
The company continues to disclose the management and performance spillover risks associated with having 27 consolidated subsidiaries and 4 equity-method affiliates. - FY2018RestatedAnnual report
「We have 25 consolidated subsidiaries and 3 equity-method affiliates as related companies.」
The company continues to describe the management risk that deteriorating performance or misconduct at its numerous subsidiaries and affiliates could affect the Group, updating the number of companies. - FY2016First statedAnnual report
「We have 24 consolidated subsidiaries and 4 equity-method affiliates as related companies. The profit and loss position of each company is incorporated into our Group's consolidated financial statements: for a consolidated subsidiary, it is consolidated, and for an equity-method affiliate, it is reflected as equity-method income or loss. This may affect our Group's operating results and financial position.」
The company describes the risk that management deficiencies, deteriorating performance and misconduct at its numerous consolidated subsidiaries and equity-method affiliates could affect consolidated results.