Ntn (6472) · FactRestated
Exclusion of Seohan-NTN Bearing Co.,Ltd. from the equity-method scope
First written in FY2021-Q2. 1 of 2 entries say "Restated". Latest entry: FY2021.
2entries
2years
0from disclosures
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Exclusion of affiliates from the scope of the equity methodA theme 1 companies write about · 0 as a headwind · 0 as a tailwind
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- FY2021RestatedAnnual report
「Seohan-NTN Bearing Co.,Ltd., formerly an equity-method affiliate, has been excluded from the equity-method scope because it was determined that the company could not exert significant influence over decisions regarding its financial, operating or business policies.」
The exclusion of Seohan-NTN Bearing Co.,Ltd. from the equity-method scope was also confirmed in the annual information on affiliates and accounting. - FY2021-Q2First statedAnnual report
「Seohan-NTN Bearing Co.,Ltd., formerly an equity-method affiliate, has been excluded from the equity-method scope because it was determined that the company could not exert significant influence over decisions regarding its financial, operating or business policies.」
The company determined that it could not exert significant influence over decisions regarding Seohan-NTN Bearing Co.,Ltd.'s financial, operating or business policies and excluded the company from the equity-method scope.