Non-preparation of consolidated financial statements because subsidiaries are immaterial
First written in FY2023. . Latest entry: FY2026.
The whole theme swung hardest in 2026: 3 of 20 companies on the "Worse" side.
8 other companies' latest entry also says "Other".
- FY2026Updated the full-year materiality ratios supporting non-consolidationAnnual report
「Assets basis 0.02% Net sales basis 0.01% Profit basis 0.03% Retained earnings basis 0.14%」
The policy of not preparing consolidated financial statements was reaffirmed because the subsidiaries were not material, and the profit-basis percentage was updated from 0.04% in the previous interim period to 0.03%, while the retained-earnings-basis percentage was updated from 0.12% to 0.14%. - FY2026-H1Updated the profit-basis percentage supporting the reason for non-consolidation for the interim period.Annual report
「The percentages based on assets, net sales, profit and retained earnings are as follows. Assets basis 0.02% Net sales basis 0.01% Profit basis 0.04% Retained earnings basis 0.12%」
The policy of not preparing interim consolidated financial statements was reaffirmed because the subsidiaries were not material, and the profit-basis percentage was updated from 0.08% in the previous interim period to 0.04%. - FY2025-H1Updated the percentages supporting the reason for non-consolidation for the interim period.Annual report
「Asset basis 0.02% Net sales basis 0.01% Profit basis 0.08% Retained earnings basis 0.12%」
The policy of not preparing interim consolidated financial statements because the subsidiary is not material has been reconfirmed, and the profit-basis percentage was updated to 0.08% from 0.19% at the end of the previous fiscal year and 0.11% at the end of the previous quarter. - FY2025-Q1Updated the percentages supporting the reason for non-consolidation.Annual report
「Asset basis 0.02% Net sales basis 0.01% Profit basis 0.11% Retained earnings basis 0.12%」
The policy of not preparing quarterly consolidated financial statements because the subsidiary is not material has been reconfirmed, and the profit-basis percentage was updated from 0.19% at the end of the previous fiscal year to 0.11%. - FY2024Updated the full-year materiality ratios supporting non-consolidationAnnual report
「The percentages based on assets, net sales, profit and retained earnings are as follows: Asset basis 0.02% Net sales basis 0.01% Profit basis 0.19% Retained earnings basis 0.13%」
The policy of not preparing consolidated financial statements because the subsidiary is not material has been reconfirmed, and the full-year percentages, including 0.19% for the profit basis and 0.13% for the retained earnings basis, have been disclosed. - FY2024-Q3Updated the percentages supporting the reason for non-consolidation.Annual report
「Asset basis 0.02% Net sales basis 0.01% Profit basis 0.09% Retained earnings basis 0.12%」
The policy of not preparing quarterly consolidated financial statements because the subsidiary is not material has been reconfirmed, and the profit-basis percentage was updated from 0.10% to 0.09%. - FY2024-Q2Updated the percentages supporting the reason for non-consolidation.Annual report
「The percentages based on assets, net sales, profit and retained earnings are as follows: Asset basis 0.02% Net sales basis 0.01% Profit basis 0.10% Retained earnings basis 0.12%」
The policy of not preparing quarterly consolidated financial statements because the subsidiary is not material has been reconfirmed, and the profit-basis percentage was updated from 0.06% to 0.10%. - FY2024-Q1Added the percentages supporting the reason for non-consolidation.Annual report
「The company does not prepare quarterly consolidated financial statements because the subsidiary is not material to the extent that its omission would not prevent reasonable judgments regarding the financial position, operating results or cash flows of the corporate group. The percentages based on assets, net sales, profit and retained earnings are as follows: asset basis 0.02%; net sales basis 0.01%; profit basis 0.06%; retained earnings basis 0.12%.」
The policy of not preparing quarterly consolidated financial statements because the subsidiary is not material has been reconfirmed, and the percentages based on assets, net sales, profit and retained earnings have been specifically disclosed. - FY2023First statedAnnual report
「Pursuant to Article 5, paragraph 2 of the Regulation on Terminology, Forms and Preparation Methods of Consolidated Financial Statements (Ordinance No. 28 of the Ministry of Finance, 1976), the company does not prepare consolidated financial statements because its subsidiaries are not material, based on their assets, net sales, profit or loss, retained earnings, cash flows and other items, to the extent that their omission would not mislead reasonable judgments regarding the financial position, operating results or cash flows of the corporate group.」
The company states that it does not prepare consolidated financial statements for 1 unconsolidated subsidiary because its assets, net sales, profit or loss, retained earnings and cash flows are not material.