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49
Nissan Annual Report 2008
Prior fiscal year Current fiscal year
From April 1, 2006 From April 1, 2007
[
To March 31, 2007
][
To March 31, 2008
]
2. Equity method
(1) Companies accounted for by the equity method 47
•Unconsolidated subsidiaries 32
(20 domestic and 12 foreign companies)
Nissan Marine Co., Ltd., Nissan Industrial Equipment Co.
and others
Alliance Inspection Management Holdings and 5 other
companies, which were subsidiaries not accounted for by
the equity method in the prior year, have become
unconsolidated subsidiaries accounted for by the equity
method because their importance has increased. Meanwhile,
Nissan Hanshin Service Center Co., Ltd. and 2 other
companies have been dissolved following their mergers.
•Affiliates 15
(14 domestic and 1 foreign companies)
Kinugawa Rubber Industrial Co., Ltd. and others
Siam Metal Technologies and another company have been
excluded from the scope of the equity method, following the
sale of their shares. Nissan Vehicle Distributors has been
liquidated.
(2) Companies not accounted for by the equity method 182
•Unconsolidated subsidiaries 142
Nissan Human Resources Development Center Inc. and
others
•Affiliates 40
Tonox Co., Ltd. and others
These companies are not accounted for by the equity
method, as their impact is not significant on the consolidated
net income or loss, consolidated retained earnings and
others.
(3) No adjustments are made to the financial statements of the
companies accounted for by the equity method even if their
accounting period is different from that of the Company.
2. Equity method
(1) Companies accounted for by the equity method 47
•Unconsolidated subsidiaries 31
(19 domestic and 12 foreign companies)
Nissan Marine Co., Ltd., Nissan Industrial Equipment Co.
and others
Nissan Fukuoka Service Center Co., Ltd., which was an
unconsolidated subsidiary and accounted for by the equity
method in the prior year, ceased to exist due to a merger.
•Affiliates 16
(15 domestic and 1 foreign companies)
Kinugawa Rubber Industrial Co., Ltd., Tonichi Carlife
Group Corporation and others
Tonichi Carlife Group Corporation has been included in the
scope of the equity method after it became an affiliate
through the purchase of its shares.
(2) Companies not accounted for by the equity method 180
•Unconsolidated subsidiaries 136
Shinwa Kogyo Co., Ltd. and others
•Affiliates 44
Tonox Co., Ltd. and others
These companies are not accounted for by the equity
method, as their impact is not significant on the consolidated
net income or loss, consolidated retained earnings and
others.
(3) Same as the prior fiscal year.