TERMINOLOGY, FORMS & METHODS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS. COPYRIGHT RODERICK SEEMAN

Article 2. Definitions In these regulations, the meaning of the terms in each of the following items shall be based on the determinations of the said item.

i. Companies filing consolidated financial statements--companies which should be filing consolidated financial statements based on the Law (including designated corporations. Hereinafter the same).

ii. Subsidiaries-Companies which are the subsidiaries of companies filing consolidated financial statements, in accord with the provisions of Article 8, Paragraph 3 of the Financial Statements, etc., Regulations.

iii. Consolidated Subsidiaries--Companies which are included within the scope of consolidations.

iv. Consolidated companies--companies filing consolidated financial statements, and consolidated subsidiaries.

v. Nonconsolidated subsidiaries--Subsidiaries which are excluded from the scope of consolidation.

vi. Affiliated companies--Companies which are the affiliated companies of companies filing consolidated financial statements, as provided for in the provisions of Article 8, Paragraph 4 of the Financial Statements, etc. Regulations.