Transition to Non-Consolidated Financial Reporting Following an Absorption-Type Merger
First written in FY2023-Q1. 3 of 5 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2026: 2 of 8 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「As the Company ceased to have any consolidated subsidiaries following the absorption-type merger of its former consolidated subsidiary, Kabushiki Kaisha Abist H&F, effective 1 February 2023, it has not prepared quarterly consolidated financial statements since the second quarter.」
The transition to unconsolidated financial statements from the second quarter following the absorption-type merger of Abist H&F continues. - FY2024-Q1RestatedAnnual report
「As the Company ceased to have any consolidated subsidiaries following the absorption-type merger of its former consolidated subsidiary, Kabushiki Kaisha Abist H&F, effective 1 February 2023, it has not prepared quarterly consolidated financial statements since the second quarter.」
The transition to unconsolidated financial statements from the second quarter following the absorption-type merger of Abist H&F continued in the first-quarter disclosure. - FY2023-Q3RestatedAnnual report
「As the Company ceased to have any consolidated subsidiaries following the absorption-type merger of its former consolidated subsidiary, Kabushiki Kaisha Abist H&F, effective 1 February 2023, it has not prepared quarterly consolidated financial statements since the second quarter.」
The transition to unconsolidated financial statements from the second quarter following the absorption-type merger continued through the third quarter. - FY2023-Q2AchievedAnnual report
「In connection with the merger, the Company expects a reduction in income taxes and other taxes through the succession of Kabushiki Kaisha Abist H&F’s tax loss carryforwards. In connection with the absorption-type merger, the Company plans to transition from consolidated to unconsolidated financial statements beginning with the second quarter of the fiscal year ending September 2023.」
The planned transition to unconsolidated financial statements was implemented from the second quarter, and quarterly financial statements were prepared for that quarter. A reduction in income taxes and other taxes through the succession of tax loss carryforwards associated with the merger is also expected. - FY2023-Q1First statedAnnual report
「In connection with the merger, the Company expects a reduction in income taxes and other taxes through the succession of Kabushiki Kaisha Abist H&F’s tax loss carryforwards. In connection with the absorption-type merger, the Company plans to transition from consolidated to unconsolidated financial statements beginning with the second quarter of the fiscal year ending September 2023.」
In connection with the absorption-type merger of Abist H&F, the Company has disclosed for the first time its plan to transition from consolidated to unconsolidated financial statements beginning with the second quarter of the fiscal year ending September 2023.