BS松竹東急’s Third-Party Allotment of Shares and Transition to an Equity-Method Affiliate
First written in FY2023-Q2. 1 of 5 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2020: 1 of 6 companies on the "Worse" side.
4 other companies' latest entry also says "Achieved".
- FY2026-H1Sale of all shares and removal from the equity-method scopeAnnual report
「As all of its shares were transferred on 1 July 2025 under a share transfer agreement, the Company excluded BS松竹東急株式会社 from its equity-method affiliates during the interim consolidated accounting period.」
All shares held in BS松竹東急, which had become an equity-method investee following the private placement, were transferred on 1 July 2025, and the company was removed from the equity-method scope. - FY2024AdvancedAnnual report
「At its Board of Directors meeting held on 28 March 2024, the Company resolved to convert its loan to BS松竹東急㈱, an equity-method affiliate, into equity (a debt-to-equity swap, or “DES”).」
Converted the ¥2,000 million loan to BS松竹東急 into nonvoting preferred shares and subscribed to a ¥2,000 million private placement on 23 April. The 33.3% equity interest will be maintained. - FY2023Subscription for preferred shares by an equity-method affiliateAnnual report
「松竹ブロードキャスティング㈱, a consolidated subsidiary of the company, resolved at a meeting of its Board of Directors held on 24 March 2023 to subscribe for the third-party allotment by ＢＳ松竹東急㈱, an equity-method affiliate.」
Resolved to subscribe to ¥1.4 billion of nonvoting preferred shares, maintaining a 39.1% equity interest after BS松竹東急's private placement. - FY2023-Q3RestatedAnnual report
「The gain on changes in equity interest resulted from the decrease in the corporate group's ownership interest in ＢＳ松竹東急株式会社, formerly a consolidated subsidiary, following its third-party allotment.」
The decrease in the ownership interest, exclusion from the scope of consolidation and transition to an equity-method affiliate following the third-party allotment by ＢＳ松竹東急株式会社 continue to be confirmed. - FY2023-Q2First statedAnnual report
「ＢＳ松竹東急株式会社 issued common shares through a third-party allotment to 株式会社ザイマックス. As the corporate group's ownership interest in ＢＳ松竹東急株式会社 decreased from 60.0% to 39.1%, ＢＳ松竹東急株式会社 changed from a consolidated subsidiary to an equity-method affiliate. The ¥321 million increase in the corporate group's interest resulting from ＢＳ松竹東急株式会社's third-party allotment was recognized as a gain on changes in equity interest under extraordinary income.」
A third-party allotment to 株式会社ザイマックス was conducted on 26 August 2022, and the company's ownership interest decreased from 60.0% to 39.1%. ＢＳ松竹東急 changed from a consolidated subsidiary to an equity-method affiliate, and a gain on changes in equity interest of ¥321 million was recognized. The company cited expansion of original programming, enhancement of corporate value and increased contribution to the corporate group's profits as reasons for the capital increase.