Additional acquisition of 香港モスバーガーインベストメント社 and its classification as an unconsolidated subsidiary
First written in FY2018. 1 of 3 entries say "Restated". Latest entry: FY2024.
7 other companies' latest entry also says "Achieved".
- FY2024AchievedAnnual report
「香港モスバーガーインベストメント社 was excluded from the scope of application of the equity method because its liquidation was completed during the current consolidated fiscal year.」
The liquidation of 香港モスバーガーインベストメント社 was completed, and it was excluded from the scope of application of the equity method. - FY2019RestatedAnnual report
「During the current consolidated fiscal year, the Company additionally acquired shares in 香港モスバーガーインベストメント社, making it a subsidiary under the substantive control standard. However, it has been excluded from the scope of consolidation and is treated as an unconsolidated subsidiary accounted for under the equity method.」
The Hong Kong operating company is a subsidiary under the substantive control standard, but it continues to be treated as an unconsolidated subsidiary accounted for under the equity method because it is not material. - FY2018First statedAnnual report
「During the current consolidated fiscal year, the Company additionally acquired shares in 香港モスバーガーインベストメント社, which had been an equity-method affiliate in the previous consolidated fiscal year. As a result, it became a subsidiary under the substantive control standard. However, because its total assets, net sales, net income or loss for the period attributable to the Company's interest, and retained earnings attributable to the Company's interest, among other items, have no material impact on the consolidated financial statements, it has been excluded from the scope of consolidation and is treated as an unconsolidated subsidiary accounted for under the equity method.」
The additional acquisition in the Hong Kong business made it a subsidiary under the substantive control standard, but it remains unconsolidated and accounted for under the equity method because it is not material.