Transition to Non-Consolidated Financial Reporting in Connection with Absorption-Type Merger
First written in FY2021. 7 of 10 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2026: 2 of 8 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Pursuant to Article 95, paragraph 2 of the Ordinance on Terminology, Forms and Preparation Methods of Consolidated Financial Statements (Ministry of Finance Ordinance No. 28 of 1976), the company does not prepare interim consolidated financial statements because its subsidiaries are not sufficiently material, in terms of assets, net sales, profit or loss, retained earnings, cash flows and other items, to mislead a reasonable assessment of the financial position, operating results or cash flow status of the corporate group.」
The company continues its non-consolidated disclosures and does not prepare interim consolidated financial statements because the items relating to its subsidiaries are not material. - FY2024-Q1RestatedAnnual report
「Pursuant to Article 5, paragraph 2 of the Cabinet Office Ordinance on Terminology, Forms and Preparation Methods of Quarterly Consolidated Financial Statements (Cabinet Office Ordinance No. 64 of 2007), the company does not prepare quarterly consolidated financial statements because its subsidiaries are not sufficiently material, in terms of assets, net sales, profit or loss, retained earnings, cash flows and other items, to mislead a reasonable assessment of the financial position, operating results or cash flow status of the corporate group.」
The company continues its non-consolidated disclosures and repeats the explanation that quarterly consolidated financial statements are not prepared because the items relating to its subsidiaries are not material. - FY2023ReframedAnnual report
「As of the end of the current fiscal year, the company has 1 unconsolidated subsidiary, ㈲古賀文化瓦工業所.」
While continuing its non-consolidated disclosures following the absorption-type merger, the company had 1 unconsolidated subsidiary as of the end of the current fiscal year. - FY2023-Q2ReframedAnnual report
「Pursuant to Article 5, paragraph 2 of the Cabinet Office Ordinance on Terminology, Forms and Preparation Methods of Quarterly Consolidated Financial Statements (Cabinet Office Ordinance No. 64 of 2007), the company does not prepare quarterly consolidated financial statements because its subsidiaries are not sufficiently material, in terms of assets, net sales, profit or loss, retained earnings, cash flows and other items, to mislead a reasonable assessment of the financial position, operating results or cash flow status of the corporate group.」
The disclosure has changed from the previous explanation that “there are no subsidiaries” to an explanation that quarterly consolidated financial statements are not prepared because the items relating to the subsidiaries are not material. - FY2023-Q1RestatedAnnual report
「Because we have no subsidiaries, we do not prepare quarterly consolidated financial statements.」
Following the absorption-type merger of 福住株式会社, the company has no subsidiaries and continues to prepare non-consolidated quarterly financial statements. - FY2022RestatedAnnual report
「As the company has not prepared consolidated financial statements since the 63rd fiscal year, it has not presented trends in key management indicators and other data for the consolidated fiscal years from the 63rd fiscal year onward.」
Following the absorption-type merger, the company has no subsidiaries and continues to provide non-consolidated disclosures without preparing consolidated financial statements. - FY2022-Q3RestatedAnnual report
「Because we have no subsidiaries, we do not prepare quarterly consolidated financial statements.」
Following the absorption-type merger of 福住株式会社, the company has no subsidiaries and continues to prepare non-consolidated quarterly financial statements. - FY2022-Q2RestatedAnnual report
「Because we have no subsidiaries, we do not prepare quarterly consolidated financial statements.」
Following the absorption-type merger of 福住株式会社, the company has no subsidiaries and continues to prepare non-consolidated quarterly financial statements. - FY2022-Q1RestatedAnnual report
「Because we have no subsidiaries, we do not prepare quarterly consolidated financial statements.」
Following the absorption-type merger of 福住株式会社, the company has no subsidiaries and continues to provide non-consolidated disclosures without preparing quarterly consolidated financial statements. - FY2021First statedAnnual report
「As a result, beginning with the current fiscal year, the company changed its disclosures from consolidated to non-consolidated.」
The company has identified for the first time, as a standalone topic, the fact that following the absorption-type merger of 福住株式会社 and the resulting absence of consolidated subsidiaries, disclosures changed from consolidated to non-consolidated beginning with the current fiscal year.