Unconsolidated Financial Statements Due to Immateriality of Subsidiaries
First written in FY2017. 4 of 6 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2026: 3 of 20 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「This is because the unconsolidated subsidiary is small, and its aggregate total assets, sales, net income or loss for the period attributable to the company's ownership interest, retained earnings attributable to the company's ownership interest and other items have no material effect on the consolidated financial statements.」
The company continues to treat 日本マルチメディア・イクイップメント株式会社 as an immaterial unconsolidated subsidiary. - FY2019RestatedAnnual report
「Number of consolidated subsidiaries 2 companies Names of consolidated subsidiaries: 株式会社レンタライズ, 株式会社ＣＴＳラインテック」
The company continues to include within the scope of consolidation the 2 companies that assumed the house furnishings business and other businesses. - FY2018-Q3RestatedAnnual report
「Effective 1 April 2017, the company transferred all of its house furnishings business and environmental conservation business to its wholly owned subsidiaries 株式会社レンタライズ and 株式会社ＣＴＳラインテック through an absorption-type company split. Accordingly, it has included the 2 companies within the scope of consolidation since the first quarter.」
The company continues to disclose that it includes the 2 companies within the scope of consolidation and prepares quarterly consolidated financial statements following the business transfer. - FY2018-Q2RestatedAnnual report
「Effective 1 April 2017, the company transferred all of its house furnishings business and environmental conservation business to its wholly owned subsidiaries 株式会社レンタライズ and 株式会社ＣＴＳラインテック through an absorption-type company split. Accordingly, it has prepared quarterly consolidated financial statements since the first quarter.」
The company continues to disclose that it prepares quarterly consolidated financial statements after bringing the 2 companies within the scope of consolidation following the business transfer. - FY2018-Q1ReframedAnnual report
「Effective 1 April 2017, the company transferred all of its house furnishings business and environmental conservation business to its wholly owned subsidiaries 株式会社レンタライズ and 株式会社ＣＴＳラインテック through an absorption-type company split. Accordingly, it has prepared quarterly consolidated financial statements since the first quarter of the current fiscal year.」
The company moved from preparing unconsolidated financial statements in the previous fiscal year to preparing quarterly consolidated financial statements after bringing the 2 companies created by the business split within the scope of consolidation. - FY2017First statedAnnual report
「The company does not prepare consolidated financial statements because, considering the assets, sales, profit or loss, retained earnings, cash flows and other items of its subsidiaries, their significance is insufficient to mislead reasonable judgments concerning the group's financial position, operating results or cash flows.」
The company does not prepare consolidated financial statements because its subsidiaries are not material.