Exclusion from equity-method accounting following the sale of all shares in TORC Co., Ltd.
First written in FY2024-Q3. 1 of 2 entries say "Achieved", first in FY2024. Latest entry: FY2024.
The whole theme swung hardest in 2026: 1 of 8 companies on the "Worse" side.
26 other companies' latest entry also says "Achieved".
- FY2024AchievedAnnual report
「As all shares of TORC Co., Ltd., formerly an equity-method affiliate of the Company, were sold during the consolidated fiscal year under review, the company has been excluded from the scope of application of the equity method. In connection with this change in the scope of application of the equity method, a gain on sale of shares of an affiliated company of ¥218 million was recorded as extraordinary income in the consolidated statement of income for the fiscal year under review.」
The sale of all shares of TORC Co., Ltd. and its exclusion from the scope of application of the equity method were confirmed as completed items in the annual report. - FY2024-Q3First statedAnnual report
「As all shares of TORC Co., Ltd., formerly an equity-method affiliate of the Company, were sold during the consolidated accounting period under review, the company has been excluded from the scope of application of the equity method.」
The sale of all shares of TORC Co., Ltd., formerly an equity-method affiliate, was disclosed for the first time, and the company was excluded from the scope of application of the equity method.