Risk of exclusion from consolidation following the sale of an equity interest
First written in FY2018. 2 of 5 entries say "Materialised", first in FY2023-Q1. Latest entry: FY2023-Q3.
Dream Incubator moved to the "Worse" side of this theme in 2023.
The whole theme swung hardest in 2023: 2 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- FY2023-Q3MaterialisedAnnual report
「Following completion of the tender offer on 10 January 2023, アイペットホールディングス and its subsidiaries アイペット損害保険株式会社 and ペッツオーライ株式会社 ceased to be consolidated subsidiaries of the Company as of 17 January 2023, the settlement commencement date for the tender offer.」
The previously stated possibility and plan for deconsolidation of アイペットホールディングス and related companies materialized following completion of the tender offer and the commencement of settlement on 17 January 2023. - FY2023-Q2Specific Plans for Deconsolidation Following the Tender OfferAnnual report
「Following completion of the tender offer, アイペットホールディングス and its subsidiaries アイペット損害保険株式会社 (hereinafter, “アイペット損保”) and ペッツオーライ株式会社 (hereinafter, “ペッツオーライ”) are scheduled to cease being consolidated subsidiaries of the Company.」
The deconsolidation of アイペットホールディングス and related companies following the sale of equity stakes was specified as occurring after completion of the tender offer by 第一生命ホールディングス. As of the filing date, deconsolidation had not yet occurred. - FY2023-Q1MaterialisedAnnual report
「Since the Company transferred all shares of 株式会社ワークスタイルラボ and ピークス株式会社, which had been consolidated subsidiaries, during the first quarter, the companies have been excluded from the scope of consolidation.」
Deconsolidation following the sale of equity stakes actually occurred for ワークスタイルラボ and ピークス. This deconsolidation concerns the 2 subsidiaries that were sold, not アイペット. - FY2022Quantification of the Impact of DeconsolidationAnnual report
「If the company were to cease being consolidated at the end of the fiscal year, consolidated revenue would decline by ¥28,654 million.」
The impact of the risk of deconsolidation of アイペットホールディングス was quantified as a ¥28,654 million decline in consolidated revenue. “quantified” is true and “materialized” is false. - FY2018First statedAnnual report
「In the incubation business, group companies over which the Company has acquired control may cease to be consolidated depending on the status of equity sales and other factors. If a company is deconsolidated, the manner in which its figures are incorporated into the consolidated financial statements will change. If アイペット損害保険株式会社 is deconsolidated as a result of the sale of its equity stake or other factors, a certain amount of gain on sale is expected, while consolidated assets and profit and loss metrics are expected to decline.」
Regarding deconsolidation following the sale of equity stakes in group companies, the Company presents both the potential for gains on sale and the potential decline in consolidated assets and profit and loss metrics.