Strengthening the Business Foundation by Making Japan Aviation Electronics Industry, Limited a Consolidated Subsidiary
First written in FY2017-Q3. 4 of 9 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2026.
4 other companies' latest entry also says "Other".
- FY2026Sale of JAE shares and removal from equity-method accountingAnnual report
「During the current consolidated fiscal year, we transferred the shares of Japan Aviation Electronics Industry,Limited that we held to a third party, and Japan Aviation Electronics Industry,Limited was removed from our associates accounted for under the equity method.」
We sold our shares in Japan Aviation Electronics Industry,Limited and removed the company from our equity-method associates. We recognized a gain on the sale of shares of ¥20.226 billion. - 2026-04-28OtherFinancial results
「The gain on the sale of shares in an associate of ¥20,226 million arising from the sale of shares in Japan Aviation Electronics Industry,Limited is included in “financial income” in the consolidated statement of profit or loss for the current consolidated fiscal year.」
The sale of shares in Japan Aviation Electronics Industry,Limited was recorded in full-year results, with a gain on the sale of shares in an associate of ¥20,226 million recognized. - FY2025-H1Impact on financial results of deconsolidating a subsidiaryAnnual report
「Against this backdrop, revenue for the current interim consolidated accounting period was ¥1,486.7 billion, a decrease of ¥62.1 billion, or 4.0%, from the same period of the previous year. This was mainly due to the impact of lower revenue following the deconsolidation of Japan Aviation Electronics Industry,Limited, despite higher revenue from the IT Services business and Social Infrastructure business.」
The potential change in the consolidation status of Japan Aviation Electronics Industry,Limited indicated in the previous filing was reflected in the actual results, with its deconsolidation cited as a factor behind the decline in total company revenue. - FY2024-Q3Tendering shares in the self-tender offer and potential change in the scope of consolidationAnnual report
「On 29 January 2024, we entered into a tender agreement with JAE under which we would tender 23,843,402 of the JAE common shares we hold in the tender offer. However, because the maximum number of shares JAE plans to purchase in the tender offer is set at 25,799,906, depending on the tendering by its other shareholders, it may not purchase all 23,843,402 shares we tender. Depending on the number of shares purchased as a result of the tender offer, JAE may change from a consolidated subsidiary to an associate.」
We entered into an agreement to tender 23,843,402 shares held in Japan Aviation Electronics Industry,Limited in its self-tender offer. Depending on the purchase results, JAE may change from a consolidated subsidiary to an associate. - FY2018AdvancedAnnual report
「Revenue from the Public business increased by ¥172.9 billion, or 22.6%, from the previous consolidated fiscal year to ¥939.1 billion, mainly because Japan Aviation Electronics Industry,Limited became a consolidated subsidiary from the fourth quarter of the previous fiscal year, despite lower revenue from fire and disaster prevention systems.」
After Japan Aviation Electronics Industry,Limited became a consolidated subsidiary, full-year revenue from the Public business increased by ¥172.9 billion, or 22.6%. - FY2018-Q3AdvancedAnnual report
「Revenue from the Public business increased by ¥178.8 billion, or 39.6%, from the same period of the previous year to ¥629.9 billion, mainly because Japan Aviation Electronics Industry,Limited became a consolidated subsidiary from the fourth quarter of the previous fiscal year, despite lower revenue from fire and disaster prevention systems.」
After Japan Aviation Electronics Industry,Limited became a consolidated subsidiary, cumulative third-quarter revenue from the Public business increased by ¥178.8 billion, or 39.6%, year on year. - FY2018-Q2AdvancedAnnual report
「Revenue from the Public Business increased by ¥113.5 billion, or 38.7%, year on year to ¥407.0 billion, mainly because Japan Aviation Electronics Industry,Limited became a consolidated subsidiary from the fourth quarter of the previous consolidated fiscal year, although revenue from fire and disaster-prevention systems declined.」
After Japan Aviation Electronics Industry,Limited became a consolidated subsidiary, cumulative second-quarter revenue from the Public business, including the company, increased by ¥113.5 billion, or 38.7%, year on year. - FY2018-Q1AdvancedAnnual report
「Revenue from the Public business increased by ¥60.3 billion, or 49.9%, from the same period of the previous year to ¥181.0 billion, mainly because Japan Aviation Electronics Industry,Limited became a consolidated subsidiary from the fourth quarter of the previous fiscal year, despite lower revenue from fire and disaster prevention systems.」
In the first quarter after Japan Aviation Electronics Industry,Limited became a consolidated subsidiary, revenue from the Public business increased by ¥60.3 billion, or 49.9%, year on year. - FY2017-Q3AchievedAnnual report
「On 23 January 2017, we acquired 10,000,000 common shares of Japan Aviation Electronics Industry,Limited for ¥19.2 billion in cash. As a result, our voting rights ownership in Japan Aviation Electronics Industry,Limited became 51.17%, and the company became our consolidated subsidiary. The reason for the business combination was to strengthen our business base through the mutual utilization of the management resources held by us and Japan Aviation Electronics Industry,Limited.」
The tender offer ended on 17 January 2017, and the acquisition of the shares on 23 January 2017 completed the consolidation of Japan Aviation Electronics Industry,Limited as a subsidiary with a 51.17% voting rights ownership.