Non-Consolidation of the Taiwanese Subsidiary Due to Its Lack of Materiality
First written in FY2018-Q1. 7 of 9 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2026: 1 of 9 companies on the "Worse" side.
16 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The consolidated subsidiary 三化電子材料股份有限公司 was established to develop, manufacture and sell high-purity chemical compounds in Taiwan.」
The Group continues to treat its Taiwanese subsidiary as a consolidated subsidiary and as its development, manufacturing and sales base in Taiwan. - FY2020RestatedAnnual report
「The consolidated subsidiary 三化電子材料股份有限公司 was established to develop, manufacture and sell high-purity chemical compounds in Taiwan.」
The Group continues to treat its Taiwanese subsidiary as a consolidated subsidiary and as its development, manufacturing and sales base in Taiwan. - FY2019-Q3RestatedAnnual report
「As the materiality of 三化電子材料股份有限公司, formerly a non-consolidated subsidiary, increased, the company has included it within the scope of consolidation from the first-quarter consolidated accounting period. As a result, as of 31 October 2018, the group comprises 4 companies: the company, 1 consolidated subsidiary and 2 equity-method affiliates.」
Continues to disclose the accounting treatment of including the Taiwanese subsidiary 三化電子材料股份有限公司 within the scope of consolidation from the first-quarter consolidated accounting period because its materiality increased, as well as the group's composition of 4 companies. - FY2019-Q2RestatedAnnual report
「As the materiality of 三化電子材料股份有限公司, formerly a non-consolidated subsidiary, increased, the company has included it within the scope of consolidation from the first-quarter consolidated accounting period.」
The company continues to include its Taiwanese subsidiary within the scope of consolidation from the first-quarter consolidated accounting period because its materiality increased. - FY2019-Q1ReframedAnnual report
「As the importance of the previously unconsolidated subsidiary 三化電子材料股份有限公司 increased, it has been included in the scope of consolidation from the first quarter consolidated accounting period.」
The accounting treatment changed from the previous practice of not consolidating the subsidiary because it was not material to including it within the scope of consolidation as its materiality increased. - FY2018RestatedAnnual report
「During the fiscal year, the company established the non-consolidated subsidiary 三化電子材料股份有限公司. As a result, the group comprises 4 companies: the company, 1 non-consolidated subsidiary and 2 equity-method affiliates.」
The company continues to treat its Taiwanese subsidiary as a non-consolidated subsidiary because it is not material. - FY2018-Q3RestatedAnnual report
「In addition, during the first quarter accounting period, the Company established the subsidiary 三化電子材料股份有限公司 in Taiwan. However, because it is currently immaterial, it is treated as an unconsolidated subsidiary.」
The company continues to treat its Taiwanese subsidiary as a non-consolidated subsidiary because it is not material. - FY2018-Q2RestatedAnnual report
「In addition, during the first quarter accounting period, the Company established the subsidiary 三化電子材料股份有限公司 in Taiwan. However, because it is currently immaterial, it is treated as an unconsolidated subsidiary.」
The company continues to treat its Taiwanese subsidiary as a non-consolidated subsidiary because it is not material. - FY2018-Q1First statedAnnual report
「In the first quarter accounting period under review, we established the subsidiary 三化電子材料股份有限公司 in Taiwan, but because it was immaterial at this time, we treat it as an unconsolidated subsidiary.」
The disclosure first states that the Taiwanese subsidiary was established but treated as unconsolidated because it was immaterial.