Additional acquisition of shares in 水生活製作所 and its inclusion as an equity-method investee
First written in FY2022-Q2. 3 of 6 entries say "Restated". Latest entry: FY2025.
19 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「美山鋳造株式会社 was absorbed into 株式会社水生活製作所 effective 1 April 2025.」
The absorption of consolidated subsidiary 美山鋳造 by 水生活製作所 was reported as an integration of production companies within the group. - FY2024RestatedAnnual report
「水生活製作所 Design, development, manufacture and sale of water supply faucets, pipe fittings and water purifiers.」
水生活製作所 and 美山鋳造 continue to operate as consolidated subsidiaries engaged in the design, manufacture and sale of faucets, fittings, water purifiers and related products. - FY2023-Q3RestatedAnnual report
「As a result of 株式会社水生活製作所 and 美山鋳造株式会社 changing from equity-method affiliates to consolidated subsidiaries,」
The transition of 水生活製作所 and 美山鋳造 from equity-method affiliates to consolidated subsidiaries has been reconfirmed as a factor behind the increase in sales. - FY2022AchievedAnnual report
「As the strengthening of business ties was confirmed by a resolution of the Board of Directors dated 14 March 2022, the company has included the entity as a consolidated subsidiary from the current consolidated fiscal year based on the substantive control criterion.」
The transition of 水生活製作所 and 美山鋳造株式会社 from equity-method investees to consolidated subsidiaries has been completed. For 水生活製作所, the substantive control criterion is described as including a 30% voting interest and an additional 70% held through closely related parties. - FY2022-Q3RestatedAnnual report
「From the second quarter of the current consolidated fiscal year, 水生活製作所 was included within the scope of equity-method accounting following the additional acquisition of shares. Accordingly, 美山鋳造株式会社, a subsidiary of 水生活製作所, also became an equity-method investee, while 上海水生活貿易有限公司 became an affiliate not accounted for under the equity method.」
The additional acquisition of shares in 水生活製作所, its inclusion as an equity-method investee, and changes in the scope of affiliated companies continue to be disclosed. - FY2022-Q2First statedAnnual report
「From the second quarter of the current consolidated fiscal year, 水生活製作所 was included within the scope of equity-method accounting following the additional acquisition of shares. Accordingly, 美山鋳造株式会社, a subsidiary of 水生活製作所, also became an equity-method investee, while 上海水生活貿易有限公司 became an affiliate not accounted for under the equity method.」
Following the additional acquisition of shares, 水生活製作所 became an equity-method investee, and its subsidiary 美山鋳造株式会社 also became an equity-method investee. 上海水生活貿易有限公司 is now an affiliate not accounted for under the equity method.