Nissan 2009 Annual Report Download - page 40

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Prior fiscal year Current fiscal year
From April 1, 2007 From April 1, 2008
[
To March 31, 2008
][
To March 31, 2009
]
38 Nissan Annual Report 2009
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) 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 54
•Unconsolidated subsidiaries 38
(22 domestic and 16 foreign companies)
Nissan Marine Co., Ltd., Calsonic Kansei Spain, S.A., and
others
Automotive Energy Supply Corporation, which was an
affiliate not accounted for by the equity method in the prior
year, has become an unconsolidated subsidiary accounted
for by the equity method, following an additional purchase of
its shares.
World Logistics Service (U.S.A.), Inc., and 8 other companies,
which were unconsolidated subsidiaries not accounted for
by the equity method in the prior year, have been accounted
for by the equity method since their importance has
increased. Nissan Hokkaido Service Center Co., Ltd., and
Nissan Industrial Equipment Co., which were unconsolidated
subsidiaries accounted for by the equity method in the prior
year, ceased to exist following a merger and a liquidation,
respectively. Guangzhou Nissan Trading Co., Ltd., which was
an unconsolidated subsidiary accounted for by the equity
method, has been excluded from the scope of the equity
method since its importance has decreased.
•Affiliates 16
(15 domestic and 1 foreign companies)
Kinugawa Rubber Industrial Co., Ltd., Tonichi Carlife
Group Corporation and others
(2) Companies not accounted for by the equity method 166
•Unconsolidated subsidiaries 120
Nissan Shatai Manufacturing Co., Ltd. and others
•Affiliates 46
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.