Establishment of Cosmos USA Holdings Inc. as a consolidated subsidiary
First written in FY2023. 3 of 4 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2024.
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- FY2024AdvancedAnnual report
「During the second quarter of the current consolidated fiscal year, the following company became a consolidated subsidiary. (1) Name: CU Investment 1 LLC (4) Total capital contribution: US$7,530,000 (5) Business description: Value-Add business involving existing rental apartments in the United States (6) Equity interest: 80% (including 80% indirectly owned)」
The annual disclosure also confirmed that CU Investment 1 LLC, which conducts the Value-Add business involving existing rental apartments in the United States, was consolidated as an 80%-owned consolidated subsidiary. - FY2024-Q2AdvancedAnnual report
「(Consolidated subsidiary) During the second quarter of the current consolidated fiscal year, the following company became a consolidated subsidiary. (1) Name: CU Investment 1 LLC (4) Total capital contribution: US$7,530,000 (5) Business description: Value-Add business involving existing rental apartments in the United States (6) Equity interest: 80% (including 80% indirectly owned)」
CU Investment 1 LLC was consolidated as an 80%-owned consolidated subsidiary in connection with the Value-Add business involving existing rental apartments in the United States, for which the capital contribution was paid in full in FY2024-Q1. - FY2024-Q1AdvancedAnnual report
「The Company resolved to make an investment in CU Investment 1 LLC through its wholly owned US subsidiary, Cosmos USA Holdings Inc, and completed payment of US$6,024,000 on 29 June 2023.」
Cosmos USA Holdings Inc, established in FY2023, began to function in practice as the investment vehicle for the Value-Add business involving existing rental apartments in the United States. - FY2023First statedAnnual report
「Cosmos USA Holdings Inc was newly established and made a consolidated subsidiary effective 1 April 2023.」
The Company disclosed that it had established Cosmos USA Holdings Inc in Texas, USA, and added it as a consolidated subsidiary.