Establishment of ホウカンTOKYOビジネスサービス株式会社 and Its Inclusion as a Consolidated Subsidiary
First written in FY2018-Q1. 3 of 5 entries say "Reframed", first in FY2020-Q1. Latest entry: FY2021-Q2.
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- FY2021-Q2ReframedAnnual report
「During the cumulative first quarter of the fiscal year, ホウカンTOKYOビジネスサービス㈱, previously an equity-method affiliate, was excluded from the scope of equity-method accounting because all of its shares were transferred.」
Following the change to an equity-method affiliate through the third-party allotment that had been planned through the previous quarter, we transferred all of our shares in ホウカンTOKYOビジネスサービス, which was then excluded from the scope of equity-method accounting. - FY2020-Q2ReframedAnnual report
「In addition, ホウカンTOKYOビジネスサービス㈱ will change from a consolidated subsidiary to an equity-method affiliate because the third-party allotment increased the total number of shares outstanding and reduced our ownership interest.」
As a result of the third-party allotment planned through the previous quarter, ホウカンTOKYOビジネスサービス actually changed from our consolidated subsidiary to an equity-method affiliate. - FY2020-Q1ReframedAnnual report
「Regarding our consolidated subsidiary ホウカンTOKYOビジネスサービス㈱, the shareholding of its joint investor ㈱アールアイ will be increased to 51% through a third-party allotment of shares to accelerate further business expansion. Our shareholding will become 49%, and the company will change from a consolidated subsidiary to an equity-method affiliate from the cumulative second quarter of the fiscal year ending March 2020.」
ホウカンTOKYOビジネスサービス will change from a consolidated subsidiary to an equity-method affiliate as a result of a third-party allotment, which will reduce our interest to 49%. - FY2018RestatedAnnual report
「ホウカンTOKYOビジネスサービス㈱ has been included in the scope of consolidation because it was newly established during the consolidated fiscal year.」
The establishment of ホウカンTOKYOビジネスサービス株式会社 and its consolidation as a subsidiary are also confirmed in the annual report. An investment of ¥190 million in the new business is reported. - FY2018-Q1First statedAnnual report
「As ホウカンTOKYOビジネスサービス株式会社 was newly established during the cumulative first quarter of the fiscal year, it has been included in the scope of consolidation.」
The establishment of a new company and its addition to the scope of consolidation are disclosed for the first time in the cumulative first quarter of the fiscal year. The purpose of its establishment and specific business activities are not explained in the filing.