Application of the equity method to Vietstar Industry Corporation
First written in FY2021-Q3. 1 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2022-Q2.
17 other companies' latest entry also says "Restated".
- FY2022-Q2RestatedAnnual report
「During the first quarter of the fiscal year, additional shares in Vietstar Industry Corporation, an equity-method affiliate, were acquired and the company was made a consolidated subsidiary, so it was included in the scope of consolidation. In connection with the additional acquisition of shares in Vietstar Industry Corporation, its corporate name changed to Vietstar Meiden Corporation on 28 April 2021.」
The consolidation of Vietstar Industry Corporation as a subsidiary and its corporate-name change to Vietstar Meiden Corporation are disclosed again. - FY2022-Q1AchievedAnnual report
「During the first quarter of the current fiscal year, additional shares in Vietstar Industry Corporation, an equity-method affiliate, were acquired and the company was made a consolidated subsidiary, so it was included in the scope of consolidation. In connection with the additional acquisition of shares in Vietstar Industry Corporation, its corporate name changed to Vietstar Meiden Corporation on 28 April 2021.」
The acquisition of additional shares in Vietstar Industry Corporation, its consolidation as a subsidiary and its corporate-name change to Vietstar Meiden Corporation have been completed. The voting-rights ratio after the acquisition is 69.7%, establishing a structure for entering Vietnam's electricity market and developing a core manufacturing base in the Mekong region. - FY2021AdvancedAnnual report
「Voting rights held immediately before the business combination 44.8% Voting rights additionally acquired on the business combination date 24.9% Voting rights held after the acquisition 69.7%」
Additional shares in Vietstar Industry Corporation were acquired on 28 April 2021, increasing the voting-rights ratio from 44.8% to 69.7% and making it a consolidated subsidiary. The Company aims to enter Vietnam's electricity market and establish a core manufacturing base in the Mekong region. - FY2021-Q3First statedAnnual report
「During the third quarter of the current fiscal year, Vietstar Industry Corporation was included in the scope of companies accounted for under the equity method following the acquisition of shares.」
Vietstar Industry Corporation was added to the scope of consolidation as an equity-method investee following the acquisition of shares.