Performance risk for pure holding companies linked to subsidiary performance
First written in FY2017. 3 of 5 entries say "Restated". Latest entry: 2026-05-14.
0 other companies' latest entry also says "Cited as achieved".
- 2026-05-14Cited as achievedRevisions to earnings forecasts
「Revenue, operating income, ordinary income and net income increased as the performance of consolidated subsidiaries remained solid and management guidance fee income linked to subsidiary revenue increased.」
The company states that its non-consolidated results increased in both revenue and profit owing to solid subsidiary performance and higher management guidance fee income, demonstrating the link to subsidiary performance as an actual result. - FY2025RestatedAnnual report
「There is a risk that our performance will be closely linked to the performance of our subsidiaries.」
As a pure holding company, the company continues to disclose the risk that the parent company’s performance is linked to subsidiary performance. - FY2021RestatedAnnual report
「We are a pure holding company, and most of our revenue consists of management advisory fees received from our consolidated subsidiaries. These fees are calculated as a certain percentage of the subsidiaries’ revenue and non-operating income, creating a risk that our performance will be closely linked to the performance of our subsidiaries.」
As a pure holding company, the company continues to disclose the risk that the parent company’s performance is linked to subsidiary performance. - FY2018RestatedAnnual report
「There is a risk that our performance will be closely linked to the performance of our subsidiaries.」
As a pure holding company, the company continues to disclose the risk that its performance is linked to subsidiary performance through management advisory fees based on subsidiary revenue and non-operating income. - FY2017First statedAnnual report
「We are a pure holding company, and most of our revenue consists of management advisory fees received from our consolidated subsidiaries. These fees are calculated as a certain percentage of the subsidiaries’ revenue and non-operating income, creating a risk that our performance will be closely linked to the performance of our subsidiaries.」
The company discloses the risk that, as a pure holding company, the parent company’s performance is linked to subsidiary performance through management advisory fees based on subsidiary revenue and non-operating income.