Partial Sale of Shares in Affiliated Companies and Reclassification to Investment Securities
First written in FY2017-Q2. 5 of 8 entries say "Restated". Latest entry: FY2020.
12 other companies' latest entry also says "Achieved".
- FY2020AchievedAnnual report
「As a result of recognizing a ¥423 million gain on the sale of investment securities from the sale of the Company's shares in Life Intelligent Enterprise Holdings Co.,Ltd., cash flow from investing activities increased by ¥641 million.」
During the current fiscal year, the Company recognized a ¥423 million gain on the sale of its remaining shares in Life Intelligent Enterprise Holdings Co.,Ltd. following the partial sale in a previous fiscal year, reducing its shareholding from 12,096,200 shares to zero. - FY2019RestatedAnnual report
「Life Intelligent Enterprise Holdings Co.,Ltd. 12,096,200 12,096,200 Maintaining the business relationship」
It is reconfirmed that the Company holds the remaining shares in Life Intelligent Enterprise Holdings Co.,Ltd. after the partial sale in a previous fiscal year for the purpose of maintaining the business relationship. - FY2018ReframedAnnual report
「㈱東理ホールディングス 12,096,200 991,888 Maintaining the business relationship」
In addition to the partial sale in a previous fiscal year and the resulting withdrawal from affiliated-company status, the Company was shown to hold its remaining shares in Tori Holdings for the purpose of maintaining the business relationship. - FY2018-Q3RestatedAnnual report
「Note: Because the Company sold part of its holdings in September 2016 in the shares of Tori Holdings Co., Ltd., which had been an affiliated company, the company ceased to be an affiliated company.」
The circumstances under which the company ceased to be an affiliated company following the partial sale of Tori Holdings shares in September 2016 are reconfirmed. - FY2018-Q1RestatedAnnual report
「Because the Company sold part of its holdings in September 2016 in the shares of Tori Holdings Co., Ltd., which had been an affiliated company, the company ceased to be an affiliated company.」
The fact that the company ceased to be an affiliated company following the partial sale of shares in Tori Holdings is reconfirmed in the note on the equity method. - FY2017RestatedAnnual report
「Net cash provided by investing activities was ¥62 million, representing an increase in cash and cash equivalents (compared with a decrease of ¥43 million in the same period of the previous year). The main factor was the sale of shares in the affiliated company.」
The sale of shares in the affiliated company continues to be described as a factor behind the increase in full-year investing cash flow. - FY2017-Q3RestatedAnnual report
「This increase in investment securities was mainly due to the partial sale in September 2016 of shares in Tori Holdings Co., Ltd., which had been an affiliated company of the Company. As a result, the purpose of holding the shares was changed from holding shares in an affiliated company to holding other securities, and the valuation method for the securities was changed from the cost method to the fair value method.」
The partial sale of shares in the affiliated company, the change in holding purpose and the change to the fair value method continue to be described as factors behind changes in financial position. - FY2017-Q2First statedAnnual report
「This increase in investment securities was mainly due to the partial sale in September 2016 of shares in Tori Holdings Co., Ltd., which had been an affiliated company of the Company. As a result, the purpose of holding the shares was changed from holding shares in an affiliated company to holding other securities, and the valuation method for the securities was changed from the cost method to the fair value method.」
Part of the shares in the affiliated company was sold in September 2016, and the purpose of holding and valuation method were changed. The sale also resulted in a gain on sale of shares of ¥38 million and ¥59.4 million in proceeds from investing activities.