Exclusion of 恩梯恩ＬＹＣ（洛陽）精密軸承有限公司 from consolidation and application of the equity method
First written in FY2020-Q3. . Latest entry: FY2021.
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- FY2021Equity-method scope updatedAnnual report
「In addition, all shares held in 恩梯恩ＬＹＣ（洛陽）精密軸承有限公司 in August 2020 and in 北京瑞韓恩梯恩汽車部件有限公司 in February 2021 were sold, respectively, and the companies were excluded from the scope of the equity method.」
Confirmed the exclusion of 洛陽会社 from the equity-method scope and also excluded 北京瑞韓恩梯恩汽車部件有限公司 following the sale of all its shares. - FY2021-Q2Update: exclusion from the scope of the equity methodAnnual report
「From the second quarter of the current consolidated fiscal year, 恩梯恩ＬＹＣ(洛陽)精密軸承有限公司, formerly an equity-method affiliate, was excluded from the scope of the equity method because all shares held were sold.」
All shares held in 恩梯恩ＬＹＣ（洛陽） were sold, and the company was excluded from the scope of the equity method. - FY2020-Q3First statedAnnual report
「In addition, from the third quarter of the current consolidated fiscal year, 恩梯恩ＬＹＣ(洛陽)精密軸承有限公司, formerly a consolidated subsidiary, was excluded from the scope of consolidation and included in the scope of the equity method because it was no longer considered to be effectively controlled under the control-based approach.」
From the third quarter of the consolidated fiscal year, the company was excluded from the consolidated subsidiaries and treated as an equity-method affiliate because effective control was no longer recognized.