UOGroup CO.,LTD.
Notice Regarding Change in Consolidation Scope (Inclusion of Non-consolidated Subsidiary as Consolidated Subsidiary)
Resolved to include the non-consolidated subsidiary Uoya in the consolidation scope from the second quarter of the fiscal year ending February 2027. Uoya operates seafood-related businesses and is 100% owned by UOGroup CO.,LTD. The impact is expected to be minor.
Key Figures
- Change in Consolidation Scope: Newly included in consolidation
- Target Company: Uoya Co., Ltd., 100% equity ownership
- Start Period: Second quarter of the fiscal year ending February 2027
AI要約
Overview of Change in Consolidation Scope
At today's Board of Directors meeting, a resolution was announced to newly include the non-consolidated subsidiary Uoya Co., Ltd. in the scope of consolidated financial statements. Uoya was established in 2016 as a wholly owned subsidiary but had been treated as non-consolidated because its impact on consolidated results had been minor. From the second quarter of the fiscal year ending February 2027, it will be treated as a consolidated subsidiary, and the financial impact is expected to be minor.
Target Company and Impact
Uoya Co., Ltd. is located in Fujisawa City, Kanagawa Prefecture, and operates processing and sales of fresh fish and shellfish. UOGroup CO.,LTD. holds 100% of its shares, and an outsourcing agreement is in place as a trading relationship. The impact on operating results from this change in consolidation scope is considered minor, and if additional disclosures become necessary, they will be announced promptly.
UOGroup CO.,LTD.
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