Business operations in China through 3 Chinese subsidiaries
First written in FY2016. 15 of 22 entries say "Restated". Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no significant changes in the nature of the businesses operated by the Group, comprising the Company and its affiliates.」
The company has reconfirmed that there were no material changes in its business activities during the current interim consolidated accounting period, including the existing business structure following the withdrawal from the leasing business in China. - FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no significant changes in the nature of the businesses operated by the Group, comprising the Company and its affiliates.」
The company has reconfirmed that there were no material changes during the current interim consolidated accounting period in the existing business structure, including China. - FY2023-Q3RestatedAnnual report
「There were no material changes in the nature of the businesses conducted by the Group, comprising the Company and its affiliated companies, during the cumulative third quarter of the current consolidated fiscal year.」
The company has reconfirmed that there were no material changes in its business activities during the quarter, including the existing business structure following the withdrawal from the leasing business in China. - FY2023-Q1RestatedAnnual report
「There were no material changes in the nature of the businesses conducted by the Group, comprising the Company and its affiliated companies, during the cumulative first quarter under review.」
The company has reconfirmed that there were no material changes in its business activities during the quarter, including the business structure following the withdrawal from the leasing business in China. - FY2022RestatedAnnual report
「The company's corporate group consists of the company and 4 subsidiaries. The company leases and sells temporary buildings, unit houses and related fixtures and equipment, while the 4 subsidiaries manufacture and procure leasing materials and lease and sell to the company fixtures and equipment associated with temporary buildings and other facilities.」
The structure in which the 4 subsidiaries, including the Chinese subsidiaries, handle the manufacture and sale of leasing materials and related activities for the company continues. - FY2022-Q3RestatedAnnual report
「There were no material changes in the nature of the businesses conducted by the Group, comprising the Company and its affiliated companies, during the cumulative third quarter of the current consolidated fiscal year.」
The company has reconfirmed that there were no material changes during the cumulative third-quarter period in the existing business structure following the withdrawal from the leasing business in China. - FY2022-Q2RestatedAnnual report
「The group had previously used 2 reporting segments, Japan and China, but from the current consolidated fiscal year has changed to a single segment, the temporary building leasing business. This change resulted from combining the segments because China had become quantitatively immaterial following the withdrawal from the leasing business in China.」
The company continues to describe the business as having been combined into a single segment rather than treating China as a separate segment following the withdrawal from the leasing business in China. - FY2022-Q1ReframedAnnual report
「The group had previously used 2 reporting segments, Japan and China, but from the current consolidated fiscal year has changed to a single segment, the temporary building leasing business. This change resulted from combining the segments because China had become quantitatively immaterial following the withdrawal from the leasing business in China.」
Following the withdrawal from the leasing business in China, China is no longer treated as a separate reporting segment and has been combined into a single temporary building leasing business segment. - FY2021ReframedAnnual report
「In China, the company does not engage in the leasing or sale of fixtures and equipment or of unit houses.」
The scope of the Chinese subsidiaries' operations is explicitly described as covering the manufacture, sale and leasing of temporary building materials, with no leasing or sale of fixtures and equipment or unit houses. - FY2021-Q3RestatedAnnual report
「There have been no material changes in the nature of the businesses operated by the company group, comprising the company and its affiliates, during the nine-month consolidated cumulative period.」
The company has reconfirmed that there have been no material changes in its business activities during the first 3 quarters of the current consolidated fiscal year. - FY2020RestatedAnnual report
「The corporate group consists of the Company and 4 subsidiaries. The Group's main business is a single business involving the leasing and sale of temporary buildings, unit houses, and related fixtures and equipment. The Company is responsible for the domestic business, while 2 subsidiaries located in the People's Republic of China (hereinafter, China) are responsible for the overseas business.」
The company continues to describe the structure under which 2 subsidiaries in Fuzhou and Langfang are responsible for the business in China. - FY2020-Q3ReframedAnnual report
「At its Board of Directors meeting held on 12 November 2019, the company resolved to dispose of the lease assets held by its consolidated subsidiaries 榕東活動房股份有限公司 (Fuzhou, People's Republic of China) and 廊坊榕東活動房有限公司 (Langfang, People's Republic of China) by December 2019. This was because it was difficult to expand the leasing business in China due to factors including fire-safety specification regulations for leased materials in China, and both companies will henceforth focus exclusively on manufacturing materials for their parent company.」
The business positioning of the 2 Chinese subsidiaries is changing from continuing their domestic leasing businesses to disposing of their lease assets and focusing exclusively on manufacturing materials for their parent company. - FY2020-Q3AchievedAnnual report
「The consolidated subsidiary 榕東活動房股份有限公司 entered into and completed the transfer agreement dated 8 August 2019 as described below because its land holdings were subject to a development project by Fuzhou City and it had been asked to vacate the site. Transfer date: 8 October 2019. The transfer of these fixed assets is expected to result in ¥277.609 million being recorded as extraordinary income in the year-end consolidated financial statements for the fiscal year ending March 2020.」
The leasehold rights held by the Fuzhou subsidiary were transferred on 8 October 2019, and the company states that it expects to record an extraordinary gain of ¥277.609 million for the fiscal year ended March 2020. - FY2020-Q2Transfer of land-use rights held by the Fuzhou subsidiaryAnnual report
「The consolidated subsidiary 榕東活動房股份有限公司 entered into a transfer agreement dated 8 August 2019 as described below because its land holdings were subject to a development project by Fuzhou City and it had been asked to vacate the site. Transfer date: 8 October 2019. The transfer of these fixed assets is expected to result in a gain on the sale of fixed assets of approximately ¥280 million, which will be recorded as extraordinary income in the year-end consolidated financial statements for the fiscal year ending March 2020.」
The Chinese subsidiary entered into a transfer agreement for the land-use rights it held in Fuzhou after being asked to vacate the site in connection with a development project by Fuzhou City, and expects a gain on the sale of fixed assets of approximately ¥280 million. - FY2019RestatedAnnual report
「The corporate group consists of the Company and 4 subsidiaries. The Group's main business is a single business involving the leasing and sale of temporary buildings, unit houses, and related fixtures and equipment. The Company is responsible for the domestic business, while 2 subsidiaries located in the People's Republic of China (hereinafter, China) are responsible for the overseas business.」
In China, the 2 subsidiaries in Fuzhou and Langfang continue to be responsible for the business. - FY2018RestatedAnnual report
「The corporate group consists of the Company and 4 subsidiaries. The Group's main business is a single business involving the leasing and sale of temporary buildings, unit houses, and related fixtures and equipment. The Company is responsible for the domestic business, while 2 subsidiaries located in the People's Republic of China (hereinafter, China) are responsible for the overseas business.」
In China, the 2 subsidiaries in Fuzhou and Langfang continue to be responsible for the business. - FY2018-Q3RestatedAnnual report
「There have been no material changes in the nature of the businesses operated by the company group, comprising the company and its affiliates, during the nine-month consolidated cumulative period.」
The company states that there were no material changes to its business during the quarter, and that its existing operations, including those in China, continue. - FY2017RestatedAnnual report
「The Group's main business is a single business involving the leasing and sale of temporary buildings, unit houses, and related fixtures and equipment. The Company is responsible for the domestic business, while 2 subsidiaries located in the People's Republic of China are responsible for the overseas business.」
Following the sale of the Shanghai subsidiary, 2 Chinese subsidiaries in Fuzhou and Langfang remain responsible for the business in China. - FY2017-Q3RestatedAnnual report
「During the first quarter of the consolidated accounting period, Shanghai 榕東活動房有限公司 was excluded from the scope of consolidation because it was sold.」
The exclusion of Shanghai 榕東活動房有限公司 from the scope of consolidation following its sale continues to be disclosed. - FY2017-Q2RestatedAnnual report
「During the first quarter of the consolidated accounting period, Shanghai 榕東活動房有限公司 was excluded from the scope of consolidation following the sale of all equity interests in the company, which had been a consolidated subsidiary.」
The sale of Shanghai 榕東活動房有限公司 and its exclusion from the scope of consolidation are again disclosed, with no additional changes to the composition of the Chinese subsidiaries reported thereafter. - FY2017-Q1ReframedAnnual report
「During the first quarter of the current consolidated accounting period, Shanghai 榕東活動房有限公司 was excluded from the scope of consolidation following the sale of all equity interests in the company, which had been a consolidated subsidiary.」
The composition of the Chinese subsidiaries changed, with Shanghai 榕東活動房有限公司 removed from the scope of consolidation among the 3 former Chinese subsidiaries. - FY2016First statedAnnual report
「The Group operates a single business involving the leasing and sale of temporary buildings, unit houses, and related fixtures and equipment. The Company is responsible for the domestic business, while 3 subsidiaries located in the People's Republic of China are responsible for the overseas business.」
In China, 3 subsidiaries in Fuzhou, Shanghai, and Langfang are responsible for the manufacture, sale, and leasing of temporary buildings.