Withdrawal from operations in the North China region and restructuring of Chinese subsidiaries
First written in FY2016. 2 of 6 entries say "Restated". Latest entry: FY2018.
No other company in this theme has enough history to compare yet.
- FY2018RestatedAnnual report
「GSI Creos (Beijing) Co.,Ltd. was excluded from the scope of consolidation from the current consolidated fiscal year because its materiality had declined.」
The exclusion of the Beijing subsidiary from the scope of consolidation due to its reduced materiality was confirmed for the full fiscal year as well. - FY2018-Q3RestatedAnnual report
「GSI Creos (Beijing) Co.,Ltd. was excluded from the scope of consolidation from the first quarter because its materiality had declined.」
The exclusion of the Beijing subsidiary from the scope of consolidation from the first quarter was reconfirmed in the notes to the quarterly consolidated financial statements. - FY2018-Q1Exclusion of the Beijing subsidiary from consolidationAnnual report
「GSI Creos (Beijing) Co.,Ltd. was excluded from the scope of consolidation during the first quarter under review because its materiality had declined.」
The Beijing subsidiary in Northern China was excluded from the scope of consolidation from the current quarter because its materiality had declined. - FY2017Recognition of a provision for restructuring losses and exclusion of the Shanghai subsidiary from consolidationAnnual report
「In addition, 吉思愛（上海）工程塑料加工有限公司 was excluded from the scope of consolidation from the current consolidated fiscal year because all of the Company's investment in it was transferred.」
In addition to the transfer of all interests in the Shanghai subsidiary and its exclusion from consolidation, a ¥113 million provision was recorded for losses related to the restructuring of a subsidiary located in Northern China. - FY2017-Q1ReframedAnnual report
「In addition, 吉思愛（上海）工程塑料加工有限公司 was excluded from the scope of consolidation during the first quarter under review because its materiality had declined.」
As a new development under the existing theme of restructuring Chinese subsidiaries, the Shanghai subsidiary was excluded from consolidation because its materiality had declined. - FY2016First statedAnnual report
「Losses on the restructuring of affiliated companies consist of related losses and other items associated with the restructuring of consolidated subsidiaries located in China.」
The Company recorded a ¥365 million loss related to the restructuring of a consolidated subsidiary located in China and ¥30 million in losses and other items related to the withdrawal from Northern China during the year.