Establishment of a joint venture and conversion of a US subsidiary into an equity-method affiliate
First written in FY2017-Q1. 7 of 16 entries say "Restated". Latest entry: FY2025.
Uoriki moved to the "Worse" side of this theme in 2025.
1 other company's latest entry also says "Reframed".
- FY2025ReframedAnnual report
「On 11 March 2025, the Company acquired additional shares in its affiliate 株式会社最上鮮魚 and has included it in the scope of consolidation. Uoriki Seafoods, LLC and 日本フィッシャリーサポート株式会社 completed liquidation during the current consolidated fiscal year and were therefore removed from the scope of consolidation, while 1 affiliate was removed from the scope of equity-method accounting.」
最上鮮魚 changed from an equity-method affiliate to a consolidated subsidiary, while the completion of liquidation by Uoriki Seafoods, LLC and 日本フィッシャリーサポート株式会社 led to a restructuring of the Group's affiliates. - FY2024-Q3AdvancedAnnual report
「CP-Uoriki Co., Ltd., the joint venture established in May 2023, opened 5 fresh fish and sushi retail stores in Thailand, primarily in Bangkok and other large shopping malls, between October and December.」
CP-Uoriki, established in May 2023, progressed to the stage of actually opening 5 stores in Thailand. - FY2024-Q1AdvancedAnnual report
「As CP-Uoriki Co.,Ltd. was newly established during the first quarter of the current fiscal year, it has been included within the scope of equity-method accounting.」
The process has advanced to the establishment of CP-Uoriki as an equity-method affiliate operating fresh fish retail and wholesale businesses in Thailand. - FY2023Decision to establish a Thai joint ventureAnnual report
「The Company and CPF Global Food Solution Public Company Limited established CP-Uoriki Co., Ltd. as a joint venture. Fresh fish retail outlets will be opened sequentially in large-format retail stores operated by the CPF Group in Thailand, where fresh fish and seafood, including products from Japan supplied by the Company, will be sold.」
The disclosure states that CP-Uoriki, scheduled to be established in May 2023, will become a new equity-method affiliate and plans to operate fresh fish and sushi retail and wholesale businesses in Thailand. - FY2020-Q3RestatedAnnual report
「During the first quarter of the current fiscal year, Uoriki Fresh Inc. entered liquidation procedures. As its impact on the quarterly consolidated financial statements was no longer material, it was excluded from the scope of equity-method accounting.」
The composition of the Group's affiliates has been reconfirmed following Uoriki Fresh, Inc.'s entry into liquidation proceedings and removal from the scope of equity-method accounting. - FY2020-Q2RestatedAnnual report
「During the first quarter of the current fiscal year, Uoriki Fresh Inc. entered liquidation procedures. As its impact on the quarterly consolidated financial statements was no longer material, it was excluded from the scope of equity-method accounting.」
The composition of the Group's affiliates has been reconfirmed following Uoriki Fresh, Inc.'s entry into liquidation proceedings and removal from the scope of equity-method accounting. - FY2020-Q1ReframedAnnual report
「During the first quarter of the current fiscal year, Uoriki Fresh Inc. entered liquidation procedures. As its impact on the quarterly consolidated financial statements was no longer material, it was excluded from the scope of equity-method accounting.」
The composition of the Group's affiliates has changed following the entry of Uoriki Fresh, Inc. into liquidation proceedings and its removal from the scope of equity-method accounting. - FY2019-Q3Establishment and integration of affiliatesAnnual report
「Uoriki America Inc. and Uoriki Seafoods, LLC were newly established during the second quarter of the current consolidated fiscal year and have therefore been included in the scope of consolidation. 日本フィッシャリーサポート株式会社 was newly established during the third quarter of the current consolidated fiscal year and has therefore been included in the scope of consolidation. In addition, 株式会社大田魚力 absorbed 株式会社シーフードワークス in a merger and changed its corporate name to 魚力商事株式会社.」
Two US companies and 日本フィッシャリーサポート株式会社 were newly established and added to the scope of consolidation, while 株式会社大田魚力 absorbed シーフードワークス and changed its corporate name to 魚力商事株式会社. - FY2019-Q2Establishment of new US consolidated subsidiariesAnnual report
「Uoriki America Inc. and Uoriki Seafoods, LLC were newly established during the second quarter of the current consolidated fiscal year and have therefore been included in the scope of consolidation.」
Uoriki America Inc. and Uoriki Seafoods, LLC were newly established in the US wholesale business and added to the scope of consolidation. - FY2018ReframedAnnual report
「In March 2018, the Company purchased the shares of 株式会社シーフードワークス held by 株式会社フードワークス, making it a wholly owned subsidiary. Uoriki Fresh, Inc., an equity-method affiliate of the Company, resolved to dissolve at its extraordinary general meeting of shareholders held on 6 April 2018.」
シーフードワークス changed from a joint venture to a wholly owned subsidiary of the Company, while Uoriki Fresh, Inc. resolved to dissolve. - FY2018-Q3RestatedAnnual report
「There were no material changes during the cumulative third quarter of the current consolidated fiscal year in the nature of the businesses conducted by the Group (the Company and its affiliates).」
It has been confirmed that there were no material changes in the business during the cumulative third-quarter period. - FY2018-Q2RestatedAnnual report
「There were no material changes during the cumulative second quarter of the current consolidated fiscal year in the nature of the businesses conducted by the Group (the Company and its affiliates).」
It has been confirmed that there were no material changes in the business during the cumulative second-quarter period. - FY2018-Q1RestatedAnnual report
「There have been no material changes in the nature of the businesses conducted by the Group (the Company and its affiliated companies). There have also been no changes among the principal affiliated companies.」
It has been confirmed that there were no material changes or transfers involving the principal businesses or affiliates. - FY2017RestatedAnnual report
「株式会社シーフードワークス was newly established as a joint venture during the current consolidated fiscal year and has therefore been included in the scope of consolidation. Uoriki Fresh, Inc., which had been a consolidated subsidiary, was removed from the scope of consolidation during the current consolidated fiscal year because our ownership interest declined following a third-party allotment of new shares, and it was included within the scope of equity-method accounting.」
As of the end of the fiscal year, the Group structure has been reconfirmed, with シーフードワークス as a consolidated subsidiary and Uoriki Fresh, Inc. as an equity-method affiliate. - FY2017-Q2RestatedAnnual report
「As a result, as of the end of the second quarter of the current consolidated fiscal year, the Group consisted of the Company, 2 consolidated subsidiaries and 1 affiliate.」
The Group structure has been reconfirmed, with シーフードワークス as a consolidated subsidiary and Uoriki Fresh, Inc. as an equity-method affiliate. - FY2017-Q1First statedAnnual report
「株式会社シーフードワークス was newly established during the first quarter of the current consolidated fiscal year and has therefore been included in the scope of consolidation. Uoriki Fresh, Inc. was removed from the scope of consolidation during the first quarter of the current consolidated fiscal year because our ownership interest declined following a third-party allotment of new shares on 2 May 2016 to ITOCHU Corporation as the allottee, and it is now accounted for as an equity-method affiliate.」
シーフードワークス was newly established and consolidated, while Uoriki Fresh, Inc. became an equity-method affiliate following the third-party allotment of new shares.