Quarterly Consolidated Financial Statements Not Prepared Due to the Immateriality of Subsidiaries
First written in FY2018-Q2. 1 of 27 entries say "Dropped", first in FY2025-H1. Latest entry: FY2025-H1.
The whole theme swung hardest in 2026: 3 of 20 companies on the "Worse" side.
2 other companies' latest entry also says "Dropped".
- FY2025-H1DroppedAnnual report
「Beginning with the current interim consolidated accounting period, interim consolidated financial statements are being prepared. The material matters serving as the basis for preparing the interim consolidated financial statements are as follows.」
The company changed from its previous practice of not preparing consolidated financial statements because its subsidiaries were immaterial to preparing interim consolidated financial statements following the acquisition of 寺田精工株式会社 and the increased materiality of 徳清澳喜睦錬条有限公司. - FY2024Full-year update to materiality ratiosAnnual report
「Assets basis 0.8% Net sales basis 1.1% Profit basis 6.3% Retained earnings basis 5.0% ※The profit-basis and retained-earnings-basis percentages are elevated due to temporary factors, but we believe they are not material.」
The company continues not to prepare consolidated financial statements on the grounds that its subsidiaries are not material, and has updated the full-year materiality ratios. - FY2024-Q3Third-quarter update to materiality ratiosAnnual report
「Assets basis 0.7% Net sales basis 0.9% Profit basis 5.3% Retained earnings basis 4.6% ※The profit-basis percentage is elevated due to temporary factors, but we believe it is not material.」
The policy of not preparing quarterly consolidated financial statements because the subsidiaries are immaterial is being continued, and the materiality ratios for the third quarter have been updated to 0.7% for assets, 0.9% for net sales, 5.3% for profit and 4.6% for retained earnings. - FY2024-Q2Second-quarter update to materiality ratiosAnnual report
「The percentages based on assets, net sales, profit and retained earnings are as follows: Assets basis 0.8% Net sales basis 0.9% Profit basis 6.2% Retained earnings basis 4.3% ※The profit-basis percentage is elevated due to temporary factors, but we believe it is not material.」
The company continues not to prepare quarterly consolidated financial statements on the grounds that its subsidiaries are not material, and has updated the second-quarter materiality ratios. - FY2024-Q1First-quarter update to materiality ratiosAnnual report
「The percentages based on assets, net sales, profit and retained earnings are as follows: Assets basis 0.8% Net sales basis 1.1% Profit basis 7.9% Retained earnings basis 4.9% ※The profit-basis percentage is elevated due to temporary factors, but we believe it is not material.」
The policy of not preparing quarterly consolidated financial statements because the subsidiaries are immaterial is being continued, and the materiality ratios have been updated to 0.8% for assets, 1.1% for net sales, 7.9% for profit and 4.9% for retained earnings. - FY2023-Q3Third-quarter update to materiality ratiosAnnual report
「Assets basis 0.8% Net sales basis 0.8% Profit basis 5.8% Retained earnings basis 4.3% ※The profit-basis percentage is elevated due to temporary factors, but we believe it is not material.」
The policy of not preparing quarterly consolidated financial statements because the subsidiaries are immaterial is being continued, and the materiality ratios have been updated to 0.8% for assets, 0.8% for net sales, 5.8% for profit and 4.3% for retained earnings. - FY2023-Q2Second-quarter update to materiality ratiosAnnual report
「Assets basis 0.7% Net sales basis 0.6% Profit basis 7.3% Retained earnings basis 4.6% ※The profit-basis percentage is elevated due to temporary factors, but we believe it is not material.」
The policy of not preparing quarterly consolidated financial statements because the subsidiaries are immaterial is being continued, and the materiality ratios for the second quarter have been updated to 0.7% for assets, 0.6% for net sales, 7.3% for profit and 4.6% for retained earnings. - FY2023-Q1First-quarter update to materiality ratiosAnnual report
「Assets basis 0.6% Net sales basis 0.7% Profit basis 8.4% Retained earnings basis 4.8% ※The profit-basis percentage is elevated due to temporary factors, but we believe it is not material.」
The policy of not preparing quarterly consolidated financial statements because the subsidiaries are immaterial is being continued, and the materiality ratios for the first quarter have been updated. The profit-basis percentage is considered high due to a temporary factor. - FY2022Full-year update to materiality ratiosAnnual report
「Assets basis 0.6% Net sales basis 0.7% Profit basis 8.3% Retained earnings basis 5.0% ※The profit-basis percentage is elevated due to temporary factors, but we believe it is not material.」
The policy of not preparing consolidated financial statements because the subsidiaries are immaterial is being continued, and the full-year materiality ratios have been updated to 0.6% for assets, 0.7% for net sales, 8.3% for profit and 5.0% for retained earnings. - FY2022-Q3Third-quarter update to materiality ratiosAnnual report
「The percentages based on assets, net sales, profit and retained earnings are as follows: Assets basis 0.6% Net sales basis 0.6% Profit basis 5.2% Retained earnings basis 5.2% ※The profit-basis and retained-earnings-basis percentages are elevated due to temporary factors, but we believe they are not material.」
The policy of not preparing quarterly consolidated financial statements because the subsidiaries are immaterial is being continued, and the materiality ratios for the third quarter have been updated. - FY2022-Q2Second-quarter update to materiality ratiosAnnual report
「The ratios based on assets, revenue, profit and retained earnings are as follows: Assets 0.6% Revenue 0.5% Profit 4.6% Retained earnings 5.0%」
The company continues not to prepare quarterly consolidated financial statements on the grounds that its subsidiaries are not material, and has updated the second-quarter materiality ratios. - FY2022-Q1First-quarter update to materiality ratiosAnnual report
「The ratios based on assets, revenue, profit and retained earnings are as follows: Assets 0.6% Revenue 0.6% Profit 4.1% Retained earnings 5.2% * The retained earnings ratio is high due to temporary factors, but the company recognizes that it is not material.」
The company continues not to prepare quarterly consolidated financial statements on the grounds that its subsidiaries are not material, and has updated the first-quarter materiality ratios. It states that the retained earnings ratio of 5.2% is high due to temporary factors. - FY2021Full-year update to materiality ratiosAnnual report
「The ratios based on assets, revenue, profit and retained earnings are as follows: Assets 0.7% Revenue 0.8% Profit 13.7% Retained earnings 5.0% * The profit and retained earnings ratios are high due to temporary factors, but the company recognizes that they are not material.」
The company continues not to prepare consolidated financial statements on the grounds that its subsidiaries are not material. The full-year materiality ratios are 0.7% for assets, 0.8% for revenue, 13.7% for profit and 5.0% for retained earnings, with the profit and retained earnings ratios considered high due to temporary factors. - FY2021-Q3Third-quarter update to materiality ratiosAnnual report
「Assets 0.5% Revenue 0.7% Profit 11.1% Retained earnings 3.9% * The profit and retained earnings ratios are high due to temporary factors, but the company recognizes that they are not material.」
The company continues not to prepare quarterly consolidated financial statements on the grounds that its subsidiaries are not material, and has updated the third-quarter materiality ratios. It states that the profit ratio of 11.1% and retained earnings ratio of 3.9% are high due to temporary factors. - FY2021-Q2Second-quarter update to materiality ratiosAnnual report
「Assets 0.5% Revenue 0.7% Profit 10.5% Retained earnings 4.0% * The profit and retained earnings ratios are high due to temporary factors, but the company recognizes that they are not material.」
The company continues not to prepare quarterly consolidated financial statements on the grounds that its subsidiaries are not material, and has updated the second-quarter materiality ratios. It states that the profit ratio of 10.5% and retained earnings ratio of 4.0% are high due to temporary factors. - FY2021-Q1First-quarter update to materiality ratiosAnnual report
「Assets 0.5% Revenue 0.7% Profit 6.9% Retained earnings 3.6%」
The company continues not to prepare quarterly consolidated financial statements on the grounds that its subsidiaries are not material, and has updated the first-quarter materiality ratios. It states that the profit and retained earnings ratios are high due to temporary factors. - FY2020Full-year update to materiality ratiosAnnual report
「Assets 0.5% Revenue 0.8% Profit 4.6% Retained earnings 2.5%」
The company continues not to prepare consolidated financial statements on the grounds that its subsidiaries are not material, and updated the full-year materiality ratios to 0.5% for assets, 0.8% for revenue, 4.6% for profit and 2.5% for retained earnings. - FY2020-Q3Third-quarter update to materiality ratiosAnnual report
「Assets 0.4% Revenue 0.7% Profit 4.0% Retained earnings 2.3%」
The company continues not to prepare quarterly consolidated financial statements on the grounds that its subsidiaries are not material, and has updated the third-quarter materiality ratios to 0.4% for assets, 0.7% for revenue, 4.0% for profit and 2.3% for retained earnings. - FY2020-Q2Second-quarter update to materiality ratiosAnnual report
「The ratios based on assets, revenue, profit and retained earnings are as follows: Assets 0.5% Revenue 0.8% Profit 3.0% Retained earnings 2.1%」
The company continues not to prepare quarterly consolidated financial statements on the grounds that its subsidiaries are not material, and has updated the materiality ratios. - FY2020-Q1First-quarter update to materiality ratiosAnnual report
「The ratios based on assets, revenue, profit and retained earnings are as follows: Assets 0.4% Revenue 0.5% Profit 1.0% Retained earnings 1.6%」
The company continues not to prepare quarterly consolidated financial statements on the grounds that its subsidiaries are not material, and has updated the materiality ratios for the first quarter. - FY2019Full-year update to materiality ratiosAnnual report
「The ratios based on assets, revenue, profit and retained earnings are as follows: Assets 0.4% Revenue 0.6% Profit 1.3% Retained earnings 1.6%」
The company continues not to prepare consolidated financial statements on the grounds that its subsidiaries are not material, and has updated the full-year materiality ratios. - FY2019-Q3Third-quarter update to materiality ratiosAnnual report
「The ratios based on assets, revenue, profit and retained earnings are as follows: Assets 0.4% Revenue 0.6% Profit 1.8% Retained earnings 1.9%」
The company continues not to prepare quarterly consolidated financial statements on the grounds that its subsidiaries are not material, and has updated the materiality ratios to the third-quarter figures. - FY2019-Q2Second-quarter update to materiality ratiosAnnual report
「The ratios based on assets, revenue, profit and retained earnings are as follows: Assets 0.4% Revenue 0.6% Profit 1.3% Retained earnings 1.8%」
The company continues not to prepare quarterly consolidated financial statements on the grounds that its subsidiaries are not material, and has updated the materiality ratios. - FY2019-Q1First-quarter update to materiality ratiosAnnual report
「The ratios based on assets, revenue, profit and retained earnings are as follows: Assets 0.37% Revenue 0.62% Profit 1.86% Retained earnings 2.08%」
The company continues not to prepare quarterly consolidated financial statements on the grounds that its subsidiaries are not material, and has updated the materiality ratios for the first quarter. - FY2018Full-year update to materiality ratiosAnnual report
「The company does not prepare consolidated financial statements because, considering the assets, revenue, profit or loss, retained earnings, cash flows and other items of its subsidiaries, their materiality is insufficient to mislead reasonable judgments regarding the financial position, operating results or cash flows of the group. The ratios based on assets, revenue, profit and retained earnings are as follows: assets 0.5%, revenue 0.9%, profit 0.5% and retained earnings 2.2%.」
The company continues not to prepare consolidated financial statements on the grounds that its subsidiaries are not material. The disclosed materiality ratios are 0.5% for assets, 0.9% for revenue, 0.5% for profit and 2.2% for retained earnings. - FY2018-Q3Update to materiality ratiosAnnual report
「The ratios based on assets, revenue, profit and retained earnings are as follows: Assets 0.4% Revenue 0.8% Profit 0.4% Retained earnings 4.0%」
The company continues not to prepare quarterly consolidated financial statements on the grounds that its subsidiaries are not material. The disclosed materiality ratios are 0.4% for assets, 0.8% for revenue, 0.4% for profit and 4.0% for retained earnings. - FY2018-Q2First statedAnnual report
「We do not prepare quarterly consolidated financial statements because, considering the assets, revenue, profit or loss, retained earnings, cash flows and other items of our subsidiaries, they are not material to the extent that their omission would prevent a reasonable assessment of the financial position, operating results and cash flows of our group.」
The company has not prepared quarterly consolidated financial statements based on its determination that its subsidiaries are not material. It also disclosed ratios including 0.4% on an asset basis, 0.8% on a revenue basis and 11.0% on a retained earnings basis.