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Anest Iwata (6381) · InitiativeCited as achieved

Conversion of Taiwan and China Affiliates into Consolidated Subsidiaries

First written in FY2017-Q1. 3 of 6 entries say "Restated". Latest entry: FY2018-Q2.

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ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2018-Q22016: 220162017: 42017
Same theme, other companies
Expanding the Asian Operating Platform through the Acquisition of Local Entities in China and TaiwanA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

0 other companies' latest entry also says "Cited as achieved".

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  1. FY2018-Q2Cited as achievedAnnual report

    「The increase in revenue in Asia was primarily attributable to the conversion of 2 equity-method affiliates in Taiwan and China into consolidated subsidiaries.」

    The conversion of 2 affiliates in Taiwan and China into consolidated subsidiaries continues to be cited as a factor behind the increase in revenue in Asia.
  2. FY2018-Q1Cited as achievedAnnual report

    「The increase in revenue in Asia was primarily attributable to the conversion of 2 equity-method affiliates in Taiwan and China into consolidated subsidiaries.」

    The conversion of 2 equity-method affiliates in Taiwan and China into consolidated subsidiaries is cited as a factor behind the increase in revenue in Asia.
  3. FY2017RestatedAnnual report

    「杭州阿耐思特岩田友佳空圧機有限公司 changed from an equity-method affiliate to a consolidated subsidiary. 岩田友嘉精機股分有限公司 changed from an equity-method affiliate to a consolidated subsidiary.」

    The annual report also confirms the structural change in which the Taiwanese and Chinese equity-method affiliates became consolidated subsidiaries.
  4. FY2017-Q3RestatedAnnual report

    「① By additionally acquiring shares in 岩田友嘉精機股分有限公司, formerly an equity-method affiliate in Taiwan, we made 岩田友嘉 a consolidated subsidiary. Accordingly, our voting rights in 杭州阿耐思特岩田友佳空圧機有限公司, formerly an equity-method affiliate in China, increased, including indirect ownership, and 杭州阿耐思特岩田友佳 also became a consolidated subsidiary.」

    The conversion of the Taiwanese and Chinese affiliates into consolidated subsidiaries through additional acquisitions continues to be reported.
  5. FY2017-Q2RestatedAnnual report

    「By additionally acquiring shares in 岩田友嘉精機股分有限公司, formerly an equity-method affiliate in Taiwan, we made 岩田友嘉 a consolidated subsidiary. Accordingly, our voting rights in 杭州阿耐思特岩田友佳空圧機有限公司, formerly an equity-method affiliate in China, increased, including indirect ownership, and 杭州阿耐思特岩田友佳 also became a consolidated subsidiary.」

    The conversion of the Taiwanese and Chinese affiliates into consolidated subsidiaries continues to be reported this quarter as a change in major affiliated companies.
  6. FY2017-Q1First statedAnnual report

    「By additionally acquiring shares in 岩田友嘉精機股份有限公司, an equity-method affiliate in Taiwan, the company made 岩田友嘉 a consolidated subsidiary. As a result, the company's voting rights, including indirect ownership, in 杭州阿耐思特岩田友佳空圧機有限公司, formerly an equity-method affiliate in China, increased, and 杭州阿耐思特岩田友佳 also became a consolidated subsidiary.」

    A business combination was carried out on 27 May 2016, resulting in post-acquisition voting rights of 50.1% in 岩田友嘉 and 65.0% in 杭州阿耐思特岩田友佳.
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Conversion of Taiwan and China Affiliates into Consolidated Subsidiaries | ANEST IWATA Corporation (6381) | Komori