Non-consolidation due to the subsidiary's immateriality
First written in FY2016-Q3. 26 of 29 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2026: 3 of 20 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「The Company does not prepare interim consolidated financial statements because, based on the subsidiaries’ assets, net sales, profit or loss, retained earnings, cash flows and other items, they are immaterial to the extent that their exclusion would not prevent a reasonable assessment of the financial position, operating results or cash flows of the Group. The ratios based on the asset, net sales, profit and retained earnings criteria are as follows. Asset criterion 2.58% Net sales criterion 2.77% Profit criterion 3.35% Retained earnings criterion 0.68%」
The Company continues not to prepare interim consolidated financial statements because the subsidiaries are immaterial, and has updated the ratios under each criterion. - FY2024-Q3RestatedAnnual report
「The ratios based on the asset, net sales, profit and retained earnings criteria are as follows. Asset criterion 2.54% Net sales criterion 2.22% Profit criterion △3.30% Retained earnings criterion 0.33%」
The Company continues not to prepare quarterly consolidated financial statements because the subsidiaries are immaterial, and has updated the ratios under each criterion. - FY2024-Q2RestatedAnnual report
「Pursuant to Article 5, Paragraph 2 of the Cabinet Office Ordinance on Terminology, Forms and Preparation Methods of Quarterly Consolidated Financial Statements (Cabinet Office Ordinance No. 64 of 2007), the Company does not prepare quarterly consolidated financial statements because, based on the subsidiaries’ assets, net sales, profit or loss, retained earnings, cash flows and other items, they are immaterial to the extent that their exclusion would not prevent a reasonable assessment of the financial position, operating results or cash flows of the Group. The ratios based on the asset, net sales, profit and retained earnings criteria are as follows. Asset criterion 3.04% Net sales criterion 1.88% Profit criterion △2.85% Retained earnings criterion 0.48%」
The Company continues to exclude the subsidiaries from consolidation because they are immaterial, and has updated the ratios under each criterion. - FY2024-Q1RestatedAnnual report
「The Company does not prepare quarterly consolidated financial statements because, based on the subsidiaries’ assets, net sales, profit or loss, retained earnings, cash flows and other items, they are immaterial to the extent that their exclusion would not prevent a reasonable assessment of the financial position, operating results or cash flows of the Group. The ratios based on the asset, net sales, profit and retained earnings criteria are as follows. Asset criterion 3.20% Net sales criterion 2.93% Profit criterion △14.05% Retained earnings criterion 0.52%」
The Company continues not to prepare quarterly consolidated financial statements because the subsidiaries are immaterial, and has updated the ratios under each criterion. - FY2023-Q3RestatedAnnual report
「Asset criterion 3.16% Net sales criterion 2.33% Profit criterion 2.49% Retained earnings criterion 0.54%」
The Company continues not to prepare quarterly consolidated financial statements because the subsidiaries are immaterial, and has updated the ratios under each criterion. - FY2023-Q2RestatedAnnual report
「The Company does not prepare quarterly consolidated financial statements because, based on the subsidiaries’ assets, net sales, profit or loss, retained earnings, cash flows and other items, they are immaterial to the extent that their exclusion would not prevent a reasonable assessment of the financial position, operating results or cash flows of the Group. The ratios based on the asset, net sales, profit and retained earnings criteria are as follows. Asset criterion 3.36% Net sales criterion 2.52% Profit criterion 3.48% Retained earnings criterion 0.68%」
The Company continues not to prepare quarterly consolidated financial statements because the subsidiaries are immaterial, and has updated the ratios under each criterion. - FY2023-Q1RestatedAnnual report
「The Company does not prepare quarterly consolidated financial statements because, based on the subsidiaries’ assets, net sales, profit or loss, retained earnings, cash flows and other items, they are immaterial to the extent that their exclusion would not prevent a reasonable assessment of the financial position, operating results or cash flows of the Group. The ratios based on the asset, net sales, profit and retained earnings criteria are as follows. Asset criterion 3.57% Net sales criterion 4.94% Profit criterion 2.61% Retained earnings criterion 0.73%」
The Company continues not to prepare quarterly consolidated financial statements because the subsidiaries are immaterial, and has updated the ratios under each criterion. - FY2022-Q3RestatedAnnual report
「Asset criterion 3.24% Net sales criterion 10.36% Profit criterion 36.65% Retained earnings criterion 1.61% *The net sales and profit criteria are elevated due to temporary factors, but the Company considers them immaterial.」
The Company continues to exclude the subsidiaries from consolidation because they are immaterial. The ratios include 10.36% for the net sales criterion and 36.65% for the profit criterion, while the Company states that the factors are temporary and immaterial. - FY2022-Q2MitigatedAnnual report
「Asset criterion 2.74% Net sales criterion 9.37% Profit criterion 35.75% Retained earnings criterion 0.26% *The net sales and profit criteria are elevated due to temporary factors, but the Company considers them immaterial.」
The Company continues to exclude the subsidiaries from consolidation, but the ratios declined from 14.79% for the net sales criterion and 158.52% for the profit criterion in the previous quarter. The Company considers the factors temporary and immaterial. - FY2022-Q1Temporary increase in the materiality ratioAnnual report
「The ratios based on the asset, net sales, profit and retained earnings criteria are as follows. Asset criterion 2.71% Net sales criterion 14.79% Profit criterion 158.52% Retained earnings criterion △0.86% *The net sales and profit criteria are elevated due to temporary factors, but the Company considers them immaterial.」
The Company continues to exclude the subsidiaries from consolidation, but the ratios increased to 14.79% for the net sales criterion and 158.52% for the profit criterion. The Company states that these increases are due to temporary factors and are not material. - FY2021-Q3RestatedAnnual report
「The Company does not prepare quarterly consolidated financial statements because, based on the subsidiaries’ assets, net sales, profit or loss, retained earnings, cash flows and other items, they are immaterial to the extent that their exclusion would not prevent a reasonable assessment of the financial position, operating results or cash flows of the Group. The ratios based on the asset, net sales, profit and retained earnings criteria are as follows. Asset criterion 1.87% Net sales criterion 3.81% Profit criterion 15.07% Retained earnings criterion △2.27% *The profit criterion is elevated due to temporary factors, but the Company considers it immaterial.」
The Company continues to exclude the subsidiaries from consolidation because they are immaterial, and has updated the ratios under each criterion. The profit criterion is elevated due to temporary factors, but the Company considers it immaterial. - FY2021-Q2RestatedAnnual report
「The Company does not prepare quarterly consolidated financial statements because, based on the subsidiaries’ assets, net sales, profit or loss, retained earnings, cash flows and other items, they are immaterial to the extent that their exclusion would not prevent a reasonable assessment of the financial position, operating results or cash flows of the Group. The ratios based on the asset, net sales, profit and retained earnings criteria are as follows. Asset criterion 1.46% Net sales criterion 2.81% Profit criterion 4.01% Retained earnings criterion △3.11%」
The Company continues not to prepare quarterly consolidated financial statements because the subsidiaries are immaterial, and has updated the ratios under each criterion. - FY2021-Q1RestatedAnnual report
「The Company does not prepare quarterly consolidated financial statements because, based on the subsidiaries’ assets, net sales, profit or loss, retained earnings, cash flows and other items, they are immaterial to the extent that their exclusion would not prevent a reasonable assessment of the financial position, operating results or cash flows of the Group. The ratios based on the asset, net sales, profit and retained earnings criteria are as follows. Asset criterion 1.41% Net sales criterion 3.26% Profit criterion △7.77% Retained earnings criterion △3.40%」
The Company continues not to prepare quarterly consolidated financial statements because the subsidiaries are immaterial, and has updated the ratios under each criterion. - FY2020RestatedAnnual report
「The ratios based on the asset, net sales, profit and retained earnings criteria are as follows. Asset criterion 1.37% Net sales criterion 1.95% Profit criterion △0.08% Retained earnings criterion △3.16%」
The Company continues not to prepare consolidated financial statements because the subsidiaries are immaterial, and has updated the ratios under each criterion. - FY2020-Q3RestatedAnnual report
「The Company does not prepare quarterly consolidated financial statements because, based on the subsidiaries’ assets, net sales, profit or loss, retained earnings, cash flows and other items, they are immaterial to the extent that their exclusion would not prevent a reasonable assessment of the financial position, operating results or cash flows of the Group. The ratios based on the asset, net sales, profit and retained earnings criteria are as follows. Asset criterion 1.12% Net sales criterion 2.36% Profit criterion 0.30% Retained earnings criterion △3.28%」
The Company continues not to prepare quarterly consolidated financial statements because the subsidiaries are immaterial, and has updated the ratios under each criterion. - FY2020-Q2RestatedAnnual report
「The Company does not prepare quarterly consolidated financial statements because, based on the subsidiaries’ assets, net sales, profit or loss, retained earnings, cash flows and other items, they are immaterial to the extent that their exclusion would not prevent a reasonable assessment of the financial position, operating results or cash flows of the Group. The ratios based on the asset, net sales, profit and retained earnings criteria are as follows. Asset criterion 1.16% Net sales criterion 2.00% Profit criterion 0.66% Retained earnings criterion △3.24%」
The Company continues not to prepare quarterly consolidated financial statements because the subsidiaries are immaterial, and has updated the ratios under each criterion. - FY2020-Q1RestatedAnnual report
「The Company does not prepare quarterly consolidated financial statements because, based on the subsidiaries’ assets, net sales, profit or loss, retained earnings, cash flows and other items, they are immaterial to the extent that their exclusion would not prevent a reasonable assessment of the financial position, operating results or cash flows of the Group. The ratios based on the asset, net sales, profit and retained earnings criteria are as follows. Asset criterion 1.25% Net sales criterion 2.86% Profit criterion △0.56% Retained earnings criterion △3.44%」
The Company continues not to prepare quarterly consolidated financial statements because the subsidiaries are immaterial. The ratios under each criterion have also been updated. - FY2019RestatedAnnual report
「The subsidiaries of the Company are immaterial to the extent that their exclusion would not prevent a reasonable assessment of the financial position, operating results or cash flows of the Group, and therefore consolidated financial statements are not prepared. The ratios based on the asset, net sales, profit and retained earnings criteria are as follows.」
The Company continues to exclude the subsidiaries from consolidation because they are immaterial. The ratios are 1.35% for assets, 3.23% for net sales, 7.40% for profit and △3.38% for retained earnings. - FY2019-Q3RestatedAnnual report
「The Company does not prepare quarterly consolidated financial statements because, based on the subsidiaries’ assets, net sales, profit or loss, retained earnings, cash flows and other items, they are immaterial to the extent that their exclusion would not prevent a reasonable assessment of the financial position, operating results or cash flows of the Group. The ratios based on the asset, net sales, profit and retained earnings criteria are as follows. Asset criterion 1.52% Net sales criterion 3.71% Profit criterion 13.35% Retained earnings criterion △3.18%」
The Company continues not to prepare quarterly consolidated financial statements because the subsidiaries are immaterial. The ratios under each criterion were 1.52% for assets, 3.71% for net sales, 13.35% for profit and △3.18% for retained earnings. - FY2019-Q2RestatedAnnual report
「The Company does not prepare quarterly consolidated financial statements because, based on the subsidiaries’ assets, net sales, profit or loss, retained earnings, cash flows and other items, they are immaterial to the extent that their exclusion would not prevent a reasonable assessment of the financial position, operating results or cash flows of the Group. The ratios based on the asset, net sales, profit and retained earnings criteria are as follows. Asset criterion 1.50% Net sales criterion 3.21% Profit criterion 11.81% Retained earnings criterion △3.44%」
The Company continues not to prepare quarterly consolidated financial statements because the subsidiaries are immaterial. The ratios under each criterion are also disclosed. - FY2019-Q1RestatedAnnual report
「The Company does not prepare quarterly consolidated financial statements because, based on the subsidiaries’ assets, net sales, profit or loss, retained earnings, cash flows and other items, they are immaterial to the extent that their exclusion would not prevent a reasonable assessment of the financial position, operating results or cash flows of the Group. The ratios based on the asset, net sales, profit and retained earnings criteria are as follows. Asset criterion 1.39% Net sales criterion 1.95% Profit criterion △35.49% Retained earnings criterion △4.34%」
The Company continues to exclude the subsidiaries from consolidation because they are immaterial. The ratios under each criterion are also disclosed. - FY2018RestatedAnnual report
「The subsidiaries of the Company are immaterial to the extent that their exclusion would not prevent a reasonable assessment of the financial position, operating results or cash flows of the Group, and therefore consolidated financial statements are not prepared. The ratios based on the asset, net sales, profit and retained earnings criteria are 1.43%, 3.16%, 1.86% and negative 3.81%, respectively.」
The Company continues to treat the subsidiaries as unconsolidated because they are not material. - FY2018-Q3RestatedAnnual 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 continues not to prepare quarterly consolidated financial statements because the subsidiaries are not material. It also discloses ratios including 0.93% based on assets and 3.13% based on net sales. - FY2018-Q2RestatedAnnual 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 continues not to prepare quarterly consolidated financial statements because the subsidiaries are not material. It also discloses ratios including 1.36% based on assets and 4.33% based on net sales. - FY2018-Q1RestatedAnnual 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 continues not to prepare quarterly consolidated financial statements because the subsidiaries are not material. - FY2017RestatedAnnual report
「The Company does not prepare consolidated financial statements because its subsidiaries are not material enough to prevent a reasonable assessment of the financial position, operating results and cash flows of the corporate group.」
The Company continues to treat the subsidiaries as unconsolidated because they are not material. - FY2017-Q1RestatedAnnual 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 continues not to prepare quarterly consolidated financial statements because the subsidiaries are not material. - FY2016RestatedAnnual report
「The Company does not prepare consolidated financial statements because its subsidiaries are not material enough to prevent a reasonable assessment of the financial position, operating results and cash flows of the corporate group.」
The Company continues to treat the subsidiaries as unconsolidated because they are not material. - FY2016-Q3First 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.」
States that quarterly consolidated financial statements are not prepared because the subsidiaries are not material.