Impact of Subsidiary Performance Fluctuations on Group Results
First written in FY2018. . Latest entry: FY2026.
The whole theme swung hardest in 2026: 3 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2026Number of consolidated subsidiaries decreased to 21Annual report
「The Company's consolidated subsidiaries comprise 21 companies (株式会社トーホーフードサービス, 株式会社トーホーキャッシュアンドキャリー, 株式会社トーホービジネスサービス, 株式会社アスピット, 株式会社トーホー沖縄, 株式会社トーホー・北関東, 株式会社トーホー・コンストラクション, 株式会社藤代商店, 株式会社鶴ヶ屋, 株式会社トーホーウイング, 株式会社システムズコンサルタント, TOHO Singapore Pte. Ltd., TOHO Foods Malaysia Sdn.Bhd., 株式会社エフ・エム・アイ, 昭和物産株式会社, FRESHdirect Pte. Ltd., Bread N Better Pte Ltd, TOHO FOODS HK CO.,LTD., 関東食品株式会社, Suitfit Company Limited and 株式会社三協食鳥).」
While 三協食鳥 was newly consolidated, the number of consolidated subsidiaries decreased from 23 to 21 following the completion of the liquidations of トーホーストア and トーホーファーム and their exclusion from consolidation. - FY2022Number of consolidated subsidiaries decreased to 23Annual report
「Our Group, comprising the Company and its affiliated companies, consists of the Company, 23 subsidiaries and 1 affiliate.」
Following the completion of the liquidation of A.I. and other developments, our Group consisted of 23 consolidated subsidiaries and 1 affiliate. - FY2022-Q1Number of consolidated subsidiaries decreased to 24Annual report
「Following the change, the number of consolidated subsidiaries was 24 and the number of equity-method affiliates was 1.」
Following the exclusion of トーホー・共栄, 河原食品 and トーホー・Ｃ＆Ｃ静岡 from the scope of consolidation due to their absorption mergers, there were 24 consolidated subsidiaries and 1 equity-method affiliate. - FY2020Number of consolidated subsidiaries decreased to 27Annual report
「Our Group consists of the Company, 27 consolidated subsidiaries and 1 equity-method affiliate, and operates under a business model aimed at growing the Group as a whole through the growth of its subsidiaries.」
The number of consolidated subsidiaries decreased from the 28 stated previously to 27, while the number of equity-method affiliates was 1. The structure aimed at growing the Group as a whole through the growth of its subsidiaries remains in place. - FY2020-Q3Number of consolidated subsidiaries decreased to 28Annual report
「Following the change, the number of consolidated subsidiaries was 28 and the number of equity-method affiliates was 1.」
Following the absorption merger of the Singapore subsidiaries and others, and the consolidation of Golden Ocean Seafood, there were 28 consolidated subsidiaries and 1 equity-method affiliate. - FY2020-Q1Number of consolidated subsidiaries changed to 30 and equity-method affiliates to 1Annual report
「Following the change, the number of consolidated subsidiaries was 30 and the number of equity-method affiliates was 1.」
Following the consolidation of 関東食品 and the exclusion of ハマヤコーポレーション and ケントップ from the scope of consolidation due to their absorption mergers, there were 30 consolidated subsidiaries and 1 equity-method affiliate. - FY2019Number of consolidated subsidiaries increased to 31Annual report
「Our Group consists of the Company, 31 consolidated subsidiaries and 2 equity-method affiliates, and operates under a business model aimed at growing the Group as a whole through the growth of its subsidiaries.」
The number of consolidated subsidiaries changed from the 30 stated previously to 31, reaffirming the Group's structure aimed at growing as a whole through the growth of its subsidiaries. - FY2019-Q3Number of consolidated subsidiaries increased to 30Annual report
「Following the change, the number of consolidated subsidiaries was 30.」
Following the acquisition of 昭和物産, Fresh Direct and their affiliates, the number of consolidated subsidiaries changed from the 25 stated previously to 30. - FY2019-Q1Number of consolidated subsidiaries increasedAnnual report
「Following the change, the number of consolidated subsidiaries was 25.」
The number of consolidated subsidiaries changed from the previous 24 to 25 following the acquisition of shares in FMI. - FY2018First statedAnnual report
「Our Group consists of the Company, 24 consolidated subsidiaries and 2 equity-method affiliates, and operates under a business model aimed at growing the Group as a whole through the growth of its subsidiaries. Because the financial condition and operating results of each subsidiary have a significant impact on the financial condition and operating results of our Group as a whole, fluctuations in subsidiary performance could affect our Group's results.」
The Group's composition of 24 subsidiaries and 2 equity-method affiliates, and the possibility that fluctuations in subsidiary performance could affect consolidated results, were described.