Reorganization of the scope of consolidation through the absorption-type merger of an overseas subsidiary
First written in FY2021-Q1. 3 of 4 entries say "Restated". Latest entry: FY2021.
0 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「In addition, MKG Global Technology Inc., formerly a consolidated subsidiary of the company, ceased to exist as a result of an absorption-type merger in which NSD International,Inc., also a consolidated subsidiary of the company, was the surviving entity, and was therefore excluded from the scope of consolidation.」
The annual report also reaffirmed the fact that NSD International,Inc. absorbed MKG Global Technology Inc. and that the latter was excluded from the scope of consolidation. - FY2021-Q3RestatedAnnual report
「In addition, MKG Global Technology Inc., formerly a consolidated subsidiary of the company, ceased to exist as a result of an absorption-type merger in which NSD International,Inc., also a consolidated subsidiary of the company, was the surviving entity, and was therefore excluded from the scope of consolidation.」
The fact that NSD International,Inc. absorbed MKG Global Technology Inc. and that the latter was excluded from the scope of consolidation was reaffirmed. - FY2021-Q2RestatedAnnual report
「In addition, MKG Global Technology Inc., formerly a consolidated subsidiary of the company, ceased to exist as a result of an absorption-type merger in which NSD International,Inc., also a consolidated subsidiary of the company, was the surviving entity, and was therefore excluded from the scope of consolidation.」
The fact that NSD International,Inc. absorbed MKG Global Technology Inc. and that the latter was excluded from the scope of consolidation was reaffirmed. - FY2021-Q1First statedAnnual report
「In addition, MKG Global Technology Inc., formerly a consolidated subsidiary of the company, ceased to exist as a result of an absorption-type merger in which NSD International,Inc., also a consolidated subsidiary of the company, was the surviving entity, and was therefore excluded from the scope of consolidation.」
The company stated for the first time that NSD International,Inc. absorbed MKG Global Technology Inc. and that the latter was excluded from the scope of consolidation. The text does not explain the purpose of the merger.