Dependence on Management Guidance Fees and Dividends from Subsidiaries
First written in FY2019. 2 of 3 entries say "Restated". Latest entry: FY2022.
17 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「If subsidiaries and affiliates are unable to generate sufficient profits and consequently cannot pay management service fees or dividends to the Company, this could reduce the Company’s non-consolidated revenue and profit.」
As a holding company, the Company has reaffirmed the risk to its non-consolidated results arising from its dependence on management service fees and dividends from subsidiaries. - FY2021RestatedAnnual report
「Under certain circumstances, the amount that subsidiaries and affiliates may pay to the Company in dividends may be restricted by the Companies Act and other regulations. In addition, if subsidiaries and affiliates are unable to generate sufficient profits and consequently cannot pay management service fees or dividends to the Company, this could reduce the Company’s non-consolidated revenue and profit.」
As a holding company, the Company has reaffirmed the risk to its non-consolidated results arising from its dependence on management service fees and dividends from subsidiaries, including the possibility of dividend restrictions. - FY2019First statedAnnual report
「If subsidiaries and affiliates are unable to generate sufficient profits and consequently cannot pay management service fees or dividends to the Company, this could affect the Company’s non-consolidated results.」
The Company identifies a risk to its non-consolidated results arising from the fact that, as a holding company, its main sources of income are management service fees and dividends from subsidiaries.