Risk of Changes in the Consolidation Scope Determination for Real Estate Funds
First written in FY2017. 6 of 8 entries say "Materialised", first in FY2018. Latest entry: FY2021-Q3.
GLOME Holdings moved to the "Worse" side of this theme in 2018.
The whole theme swung hardest in 2018: 1 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- FY2021-Q3MaterialisedAnnual report
「株式会社ＬＣレンディング has been excluded from the consolidation scope in the third quarter of the consolidated fiscal year under review because all shares held by the Company were transferred.」
株式会社LCレンディング was excluded from the consolidation scope following the transfer of its shares, resulting in an actual change in the consolidation scope determination. - FY2020MaterialisedAnnual report
「豊島高田合同会社 has been excluded from the consolidation scope from the consolidated fiscal year under review because the transaction constituting control ended on 7 October 2019. WC Seattle 1 LLC. has been excluded from the scope of equity-method affiliates because the sale was completed on 15 October 2019.」
The consolidation and equity-method scope actually changed due to the end of the control relationship and the sale. - FY2019RestatedAnnual report
「For the real estate funds operated by the Group, the consolidation or non-consolidation of each fund is determined based on the Group’s control over or influence on the SPC or its parent fund and other operating entities. If the interpretation underlying these determinations changes in the future, resulting in a change in the views of the accounting auditor or others regarding the consolidation scope, the scope of consolidation and non-consolidation for the Group may change, which could affect the Group’s performance.」
The risk of changes in the consolidation scope determination based on control over and influence on SPCs and other entities continues to be disclosed in the full-year report. - FY2019-Q3MaterialisedAnnual report
「グローム・ステイ株式会社 has been included in the consolidation scope from the third quarter of the consolidated fiscal year under review because it was newly established, while 株式会社ロジコム has been excluded because all shares held by the Company were transferred. Harbour Pointe Limited Partnership has also been excluded from the scope of application of the equity method because it was liquidated.」
グローム・ステイ株式会社 was added to the consolidation scope, 株式会社ロジコム was excluded following the transfer of all its shares, and Harbour Pointe Limited Partnership was excluded from the scope of application of the equity method following its liquidation. - FY2019-Q2MaterialisedAnnual report
「グローム・コネクト株式会社 and グローム・プラス株式会社 have been included in the consolidation scope from the second quarter of the consolidated fiscal year under review because they were newly established, and メディカルアセット投資法人 has been included because its materiality increased.」
The consolidation scope has in fact changed due to the addition of newly established companies and the increased materiality of メディカルアセット投資法人. - FY2019-Q1MaterialisedAnnual report
「合同会社広岡二丁目計画 has been excluded from the consolidation scope from the first quarter of the consolidated fiscal year under review because the transaction constituting control ended, and ＬＣホテル運営準備株式会社 has been excluded because it was liquidated.」
合同会社広岡二丁目計画 was excluded from the consolidation scope because the transaction constituting control ended, resulting in an actual change in the consolidation scope determination. - FY2018MaterialisedAnnual report
「合同会社ＬＣＲＦ４ has been excluded from the consolidation scope because its joint guarantee for borrowings ended during the consolidated fiscal year under review. 合同会社ＬＣＲＦ７ has been excluded from the consolidation scope because the transaction constituting control ended during the consolidated fiscal year under review.」
The consolidation scope has in fact changed due to the end of the joint guarantee and a change in the control relationship. - FY2017First statedAnnual report
「If the interpretation underlying this determination changes in the future, resulting in a change in the views of the accounting auditor or others regarding the consolidation scope, the scope of consolidation and non-consolidation for the Group may change, which could affect the Group’s performance.」
The risk of changes in the consolidation scope due to changes in interpretations of control over and influence on SPCs and other entities, or in the auditor’s views, is indicated.