Benchmark Artist Management became a consolidated subsidiary through the acquisition of an equity interest
First written in FY2019-Q1. . Latest entry: FY2019-Q3.
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- FY2019-Q3Exclusion from consolidation due to loss of controlAnnual report
「The company acquired an interest in Benchmark Artist Management, LLC in the overseas business segment and included it in the scope of consolidation from the first-quarter consolidated accounting period, but excluded it from the scope of consolidation from the current third-quarter consolidated accounting period due to the loss of control.」
Benchmark Artist Management was consolidated as a subsidiary in the first quarter and excluded from the scope of consolidation in the third quarter due to the loss of control. - FY2019-Q2Update to the amount of goodwill recognizedAnnual report
「From the first-quarter consolidated accounting period, the company acquired shares in THINKR in the anime business segment and included it in the scope of consolidation. From the first-quarter consolidated accounting period, the company also acquired an interest in Benchmark Artist Management, LLC in the overseas business segment and included it in the scope of consolidation. The increase in goodwill resulting from these events was ¥522 million for the cumulative second-quarter consolidated period.」
The consolidation of Benchmark Artist Management as a subsidiary was reconfirmed, and the increase in goodwill associated with the acquisition of Benchmark Artist Management and THINKR was disclosed as ¥522 million. This is not a description of a new acquisition. - FY2019-Q1First statedAnnual report
「During the consolidated first quarter, we acquired an interest in Benchmark Artist Management, LLC and made it a consolidated subsidiary.」
The company acquired an interest during the first-quarter consolidated accounting period and made Benchmark Artist Management, LLC a consolidated subsidiary of the overseas business.