Excluding TOENEC CORPORATION from consolidation and applying the equity method following a share sale
First written in FY2025-H1. 1 of 2 entries say "Advanced", first in FY2025. Latest entry: FY2025.
1 other company's latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「During the interim consolidated accounting period, the company sold part of its holdings in TOENEC, changed the company from a consolidated subsidiary to an equity-method affiliate, and excluded it from the scope of consolidation. As a result, TOENEC's subsidiaries TOENEC Service and Asahi Synchrotec were also excluded from the scope of consolidation.」
The change from a consolidated subsidiary to an equity-method affiliate following the partial sale of TOENEC, and the exclusion of its group from the scope of consolidation, are also reflected in the annual results. - FY2025-H1First statedAnnual report
「During the interim consolidated accounting period, the company sold part of its holdings in TOENEC, changed the company from a consolidated subsidiary to an equity-method affiliate, and excluded it from the scope of consolidation. As a result, TOENEC's subsidiaries TOENEC Service and Asahi Synchrotec were also excluded from the scope of consolidation.」
The company has for the first time stated that, following the partial sale of TOENEC shares, TOENEC was changed from a consolidated subsidiary to an equity-method affiliate and 2 subsidiaries were excluded from the scope of consolidation.