ASSOCIATE COMPANY
A corporation whose parent company holds only a minority stake at the corporation's ownership. An associate company is partially owned by a group of companies or another company. The parent companies or company do not consolidate with the financial statements of the associate company. The parent company usually owns 20-50% of the voting shares; if in case the shares owned by the parent company exceeds 50%, it creates a subsidiary ( wherein the parent company consolidates the financial statements). Normally, the parent company records the value of the associate company as an assets in its balance sheet. Also referred as Associate.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
