Transfer of Compass from an Equity-Method Affiliate to a Consolidated Subsidiary
First written in FY2022-Q2. 2 of 4 entries say "Restated". Latest entry: 2026-07-22.
No other company in this theme has enough history to compare yet.
- 2026-07-22ReframedM&A and Subsidiary ChangesSuggests it is closing out
「As our officers will no longer constitute a majority of the Board of Directors and the company will no longer be deemed to have effective control, Compass changed from a consolidated subsidiary to an equity-method affiliate effective 31 July 2026.」
Compass changed from a consolidated subsidiary to an equity-method affiliate, indicating the end of its status as a consolidated subsidiary. The company stated that its business cooperation with Compass will continue. - FY2022RestatedAnnual report
「As コンパス became a subsidiary under the substantive control criterion as of 23 February 2022, it has been included in the scope of consolidation.」
The company confirms in the full-year scope of consolidation that コンパス changed from an equity-method affiliate to a consolidated subsidiary. - FY2022-Q3RestatedAnnual report
「As コンパス, formerly an equity-method affiliate, became a subsidiary under the substantive control criterion in February 2022, it has been included in the scope of consolidation.」
The company reconfirms in its descriptions of the business and scope of consolidation that コンパス changed from an equity-method affiliate to a consolidated subsidiary. - FY2022-Q2First statedAnnual report
「Although there has been no change in the Company's investment ratio in コンパス, the company changed from an equity-method affiliate to a consolidated subsidiary under the substantive control criterion.」
Following approval of a change in officers at コンパス's General Meeting of Shareholders on 23 February 2022, コンパス changed from an equity-method affiliate to a consolidated subsidiary under the substantive control criterion without any change in the investment ratio. The deemed acquisition date is 1 February 2022.