Annual report

Period2018-04-01 → 2019-03-31
Filed2022-06-24
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed

Amends S100G8IT.

Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥23.8bn2018-04-01 → 2019-03-31Cons.Net sales
Revenue¥22.1bn2017-04-01 → 2018-03-31Cons.Net sales
Revenue¥20.7bn2016-04-01 → 2017-03-31dCons.Net sales (5-year summary)
Revenue¥20.2bn2015-04-01 → 2016-03-31dCons.Net sales (5-year summary)
Revenue¥19.4bn2014-04-01 → 2015-03-31dCons.Net sales (5-year summary)
Operating income¥1.5bn2018-04-01 → 2019-03-31Cons.Operating income
Operating income¥1.1bn2017-04-01 → 2018-03-31Cons.Operating income
Ordinary income¥1.5bn2018-04-01 → 2019-03-31Cons.Ordinary income
Ordinary income¥1.1bn2017-04-01 → 2018-03-31Cons.Ordinary income
Ordinary income¥1.1bn2016-04-01 → 2017-03-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥1.0bn2015-04-01 → 2016-03-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥733m2014-04-01 → 2015-03-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥1.5bn2018-04-01 → 2019-03-31Cons.Income before income taxes
Profit before tax¥1.2bn2017-04-01 → 2018-03-31Cons.Income before income taxes
Net income (owners)¥926m2018-04-01 → 2019-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥728m2017-04-01 → 2018-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥680m2016-04-01 → 2017-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥584m2015-04-01 → 2016-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥420m2014-04-01 → 2015-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥926m2018-04-01 → 2019-03-31Cons.Profit loss
Net income¥728m2017-04-01 → 2018-03-31Cons.Profit loss
Total assets¥15.1bnat 2019-03-31Cons.Assets
Total assets¥14.4bnat 2018-03-31Cons.Assets
Total assets¥12.6bnat 2017-03-31dCons.Total assets (5-year summary)
Total assets¥12.2bnat 2016-03-31dCons.Total assets (5-year summary)
Total assets¥11.7bnat 2015-03-31dCons.Total assets (5-year summary)
Total liabilities¥7.4bnat 2019-03-31Cons.Liabilities
Total liabilities¥7.4bnat 2018-03-31Cons.Liabilities
Net assets / equity¥7.6bnat 2019-03-31Cons.Net assets
Net assets / equity¥7.0bnat 2018-03-31Cons.Net assets
Net assets / equity¥7.0bnat 2017-03-31dCons.Net assets
Net assets / equity¥6.5bnat 2016-03-31dCons.Net assets (5-year summary)
Net assets / equity¥6.2bnat 2015-03-31dCons.Net assets (5-year summary)
Cash and deposits¥1.5bnat 2019-03-31Cons.Cash and deposits
Cash and deposits¥1.4bnat 2018-03-31Cons.Cash and deposits
Cash & equivalents¥1.4bnat 2019-03-31Cons.Cash and cash equivalents
Cash & equivalents¥1.3bnat 2018-03-31Cons.Cash and cash equivalents
Cash & equivalents¥1.8bnat 2017-03-31dCons.Cash and cash equivalents
Cash & equivalents¥1.7bnat 2016-03-31dCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥1.6bnat 2015-03-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥2.2bn2018-04-01 → 2019-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.4bn2017-04-01 → 2018-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.3bn2016-04-01 → 2017-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.4bn2015-04-01 → 2016-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.6bn2014-04-01 → 2015-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥1.0bn2018-04-01 → 2019-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.5bn2017-04-01 → 2018-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥657m2016-04-01 → 2017-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥639m2015-04-01 → 2016-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥81m2014-04-01 → 2015-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥966m2018-04-01 → 2019-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥445m2017-04-01 → 2018-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥511m2016-04-01 → 2017-03-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥570m2015-04-01 → 2016-03-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥792m2014-04-01 → 2015-03-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥58.432018-04-01 → 2019-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥43.922017-04-01 → 2018-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥81.562016-04-01 → 2017-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥70.242015-04-01 → 2016-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥50.862014-04-01 → 2015-03-31dCons.Basic earnings loss per share (5-year summary)
Net assets per share¥481.33at 2019-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥441.75at 2018-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥844.71at 2017-03-31dCons.Net assets per share (5-year summary)
Net assets per share¥785.81at 2016-03-31dCons.Net assets per share (5-year summary)
Net assets per share¥745.75at 2015-03-31dCons.Net assets per share (5-year summary)
Equity ratio50.6%at 2019-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio48.7%at 2018-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio56.0%at 2017-03-31dCons.Equity to asset ratio (5-year summary)
Equity ratio53.7%at 2016-03-31dCons.Equity to asset ratio (5-year summary)
Equity ratio52.8%at 2015-03-31dCons.Equity to asset ratio (5-year summary)
ROE12.7%2018-04-01 → 2019-03-31Cons.Rate of return on equity (5-year summary)
ROE10.4%2017-04-01 → 2018-03-31Cons.Rate of return on equity (5-year summary)
ROE10.0%2016-04-01 → 2017-03-31dCons.Rate of return on equity (5-year summary)
ROE9.2%2015-04-01 → 2016-03-31dCons.Rate of return on equity (5-year summary)
ROE6.9%2014-04-01 → 2015-03-31dCons.Rate of return on equity (5-year summary)
Employees877at 2019-03-31Cons.Number of employees
Employees887at 2018-03-31Cons.Number of employees
Employees841at 2017-03-31dCons.Number of employees
Employees852at 2016-03-31dCons.Number of employees
Employees831at 2015-03-31dCons.Number of employees
Revenue¥22.4bn2018-04-01 → 2019-03-31StandaloneNet sales
Revenue¥21.3bn2017-04-01 → 2018-03-31StandaloneNet sales
Revenue¥20.0bn2016-04-01 → 2017-03-31dStandaloneNet sales (5-year summary)
Revenue¥19.6bn2015-04-01 → 2016-03-31dStandaloneNet sales (5-year summary)
Revenue¥19.0bn2014-04-01 → 2015-03-31dStandaloneNet sales (5-year summary)
Operating income¥1.4bn2018-04-01 → 2019-03-31StandaloneOperating income
Operating income¥1.1bn2017-04-01 → 2018-03-31StandaloneOperating income
Ordinary income¥1.4bn2018-04-01 → 2019-03-31StandaloneOrdinary income
Ordinary income¥1.1bn2017-04-01 → 2018-03-31StandaloneOrdinary income
Ordinary income¥971m2016-04-01 → 2017-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥919m2015-04-01 → 2016-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥653m2014-04-01 → 2015-03-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥1.4bn2018-04-01 → 2019-03-31StandaloneIncome before income taxes
Profit before tax¥1.2bn2017-04-01 → 2018-03-31StandaloneIncome before income taxes
Net income¥883m2018-04-01 → 2019-03-31StandaloneProfit loss
Net income¥789m2017-04-01 → 2018-03-31StandaloneProfit loss
Net income¥595m2016-04-01 → 2017-03-31dStandaloneNet income loss (5-year summary)
Net income¥500m2015-04-01 → 2016-03-31dStandaloneNet income loss (5-year summary)
Net income¥341m2014-04-01 → 2015-03-31dStandaloneNet income loss (5-year summary)
Total assets¥13.6bnat 2019-03-31StandaloneAssets
Total assets¥13.0bnat 2018-03-31StandaloneAssets
Total assets¥11.9bnat 2017-03-31dStandaloneTotal assets (5-year summary)
Total assets¥11.5bnat 2016-03-31dStandaloneTotal assets (5-year summary)
Total assets¥11.2bnat 2015-03-31dStandaloneTotal assets (5-year summary)
Total liabilities¥6.3bnat 2019-03-31StandaloneLiabilities
Total liabilities¥6.2bnat 2018-03-31StandaloneLiabilities
Net assets / equity¥7.3bnat 2019-03-31StandaloneNet assets
Net assets / equity¥6.7bnat 2018-03-31StandaloneNet assets
Net assets / equity¥6.8bnat 2017-03-31dStandaloneNet assets
Net assets / equity¥6.4bnat 2016-03-31dStandaloneNet assets (5-year summary)
Net assets / equity¥6.1bnat 2015-03-31dStandaloneNet assets (5-year summary)
Cash and deposits¥713mat 2019-03-31StandaloneCash and deposits
Cash and deposits¥670mat 2018-03-31StandaloneCash and deposits
EPS (basic)¥55.712018-04-01 → 2019-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥47.652017-04-01 → 2018-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥71.42016-04-01 → 2017-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥60.142015-04-01 → 2016-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥41.292014-04-01 → 2015-03-31dStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥352018-04-01 → 2019-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥332017-04-01 → 2018-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥302016-04-01 → 2017-03-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥302015-04-01 → 2016-03-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥302014-04-01 → 2015-03-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥461.65at 2019-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥426.01at 2018-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥811.83at 2017-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥766.23at 2016-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥738.07at 2015-03-31dStandaloneNet assets per share (5-year summary)
Equity ratio53.9%at 2019-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio51.9%at 2018-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio56.7%at 2017-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio55.3%at 2016-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio54.6%at 2015-03-31dStandaloneEquity to asset ratio (5-year summary)
ROE12.6%2018-04-01 → 2019-03-31StandaloneRate of return on equity (5-year summary)
ROE11.7%2017-04-01 → 2018-03-31StandaloneRate of return on equity (5-year summary)
ROE9.0%2016-04-01 → 2017-03-31dStandaloneRate of return on equity (5-year summary)
ROE8.0%2015-04-01 → 2016-03-31dStandaloneRate of return on equity (5-year summary)
ROE5.7%2014-04-01 → 2015-03-31dStandaloneRate of return on equity (5-year summary)
Shares issued8,334,000at 2019-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued8,334,000at 2018-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued8,334,000at 2017-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued8,334,000at 2016-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued8,334,000at 2015-03-31dStandaloneTotal number of issued shares (5-year summary)
Employees831at 2019-03-31StandaloneNumber of employees
Employees842at 2018-03-31StandaloneNumber of employees
Employees825at 2017-03-31dStandaloneNumber of employees
Employees837at 2016-03-31dStandaloneNumber of employees
Employees826at 2015-03-31dStandaloneNumber of employees

Periods use the dates stated in the filing. d = earlier-year period dated by calendar; v = that date confirmed by the company's own earlier filing.

Segments · 56
SegmentItemPeriodValue
Reconciling Itemsreconcilingcapex2018-04-01 → 2019-03-31−¥359m
Reconciling Itemsreconcilingdepreciation2018-04-01 → 2019-03-31¥235m
Reconciling Itemsreconcilingrevenue2018-04-01 → 2019-03-31−¥62m
Reconciling Itemsreconcilingrevenue intersegment2018-04-01 → 2019-03-31−¥62m
Reconciling Itemsreconcilingsegment assetsat 2019-03-31¥6.1bn
Reconciling Itemsreconcilingsegment profit2018-04-01 → 2019-03-31−¥3.0bn
Education Related Businessreportable segmentcapex2018-04-01 → 2019-03-31¥1.4bn
Education Related Businessreportable segmentdepreciation2018-04-01 → 2019-03-31¥565m
Education Related Businessreportable segmentemployeesat 2019-03-31684 pure
Education Related Businessreportable segmentrevenue2018-04-01 → 2019-03-31¥23.8bn
Education Related Businessreportable segmentrevenue external2018-04-01 → 2019-03-31¥23.8bn
Education Related Businessreportable segmentsegment assetsat 2019-03-31¥8.5bn
Education Related Businessreportable segmentsegment profit2018-04-01 → 2019-03-31¥4.5bn
Leasing Businessreportable segmentcapex2018-04-01 → 2019-03-31¥685,000
Leasing Businessreportable segmentdepreciation2018-04-01 → 2019-03-31¥6m
Leasing Businessreportable segmentrevenue2018-04-01 → 2019-03-31¥124m
Leasing Businessreportable segmentrevenue external2018-04-01 → 2019-03-31¥62m
Leasing Businessreportable segmentrevenue intersegment2018-04-01 → 2019-03-31¥62m
Leasing Businessreportable segmentsegment assetsat 2019-03-31¥483m
Leasing Businessreportable segmentsegment profit2018-04-01 → 2019-03-31¥22m
—segment totalcapex2018-04-01 → 2019-03-31¥1.4bn
—segment totaldepreciation2018-04-01 → 2019-03-31¥571m
—segment totalemployeesat 2019-03-31684 pure
—segment totalrevenue2018-04-01 → 2019-03-31¥23.9bn
—segment totalrevenue external2018-04-01 → 2019-03-31¥23.8bn
—segment totalrevenue intersegment2018-04-01 → 2019-03-31¥62m
—segment totalsegment assetsat 2019-03-31¥9.0bn
—segment totalsegment profit2018-04-01 → 2019-03-31¥4.6bn
Reconciling Itemsreconcilingcapex2017-04-01 → 2018-03-31¥577m
Reconciling Itemsreconcilingdepreciation2017-04-01 → 2018-03-31¥176m
Reconciling Itemsreconcilingrevenue2017-04-01 → 2018-03-31−¥86m
Reconciling Itemsreconcilingrevenue intersegment2017-04-01 → 2018-03-31−¥86m
Reconciling Itemsreconcilingsegment assetsat 2018-03-31¥5.9bn
Reconciling Itemsreconcilingsegment profit2017-04-01 → 2018-03-31−¥2.9bn
Education Related Businessreportable segmentcapex2017-04-01 → 2018-03-31¥2.2bn
Education Related Businessreportable segmentdepreciation2017-04-01 → 2018-03-31¥491m
Education Related Businessreportable segmentrevenue2017-04-01 → 2018-03-31¥22.1bn
Education Related Businessreportable segmentrevenue external2017-04-01 → 2018-03-31¥22.1bn
Education Related Businessreportable segmentsegment assetsat 2018-03-31¥7.3bn
Education Related Businessreportable segmentsegment profit2017-04-01 → 2018-03-31¥4.0bn
Leasing Businessreportable segmentcapex2017-04-01 → 2018-03-31¥839m
Leasing Businessreportable segmentdepreciation2017-04-01 → 2018-03-31¥11m
Leasing Businessreportable segmentrevenue2017-04-01 → 2018-03-31¥144m
Leasing Businessreportable segmentrevenue external2017-04-01 → 2018-03-31¥58m
Leasing Businessreportable segmentrevenue intersegment2017-04-01 → 2018-03-31¥86m
Leasing Businessreportable segmentsegment assetsat 2018-03-31¥1.2bn
Leasing Businessreportable segmentsegment profit2017-04-01 → 2018-03-31¥36m
—segment totalcapex2017-04-01 → 2018-03-31¥3.0bn
—segment totaldepreciation2017-04-01 → 2018-03-31¥501m
—segment totalrevenue2017-04-01 → 2018-03-31¥22.2bn
—segment totalrevenue external2017-04-01 → 2018-03-31¥22.1bn
—segment totalrevenue intersegment2017-04-01 → 2018-03-31¥86m
—segment totalsegment assetsat 2018-03-31¥8.5bn
—segment totalsegment profit2017-04-01 → 2018-03-31¥4.1bn
Education Related Businessreportable segmentemployeesat 2019-03-31638 pure
—segment totalemployeesat 2019-03-31638 pure

Segment names come from EDINET member IDs; not yet mapped to a common taxonomy.

All source rows · 1,451
ItemContextValueUnit
Name of contact person nearest place of contact cover pageFilingDateInstant
Original text (Japanese)取締役  河野 陽子
Place for public inspection cover page (text)FilingDateInstantText · Plus
Edinet codeFilingDateInstantE05028
Fund codeFilingDateInstant-
Security codeFilingDateInstant47180
Filer name in japaneseFilingDateInstant
Original text (Japanese)株式会社早稲田アカデミー
Filer name in englishFilingDateInstantWASEDA ACADEMY CO.,LTD.
Fund name in japaneseFilingDateInstant-
Fund name in englishFilingDateInstant-
Cabinet office ordinanceFilingDateInstant
Original text (Japanese)企業内容等の開示に関する内閣府令
Document typeFilingDateInstant
Original text (Japanese)第三号様式
Accounting standardsFilingDateInstantJapan GAAP
Whether consolidated financial statements are preparedFilingDateInstanttrue
Industry code when consolidated financial statements are prepared in accordance with industry specific regulationsFilingDateInstantCTE
Industry code when financial statements are prepared in accordance with industry specific regulationsFilingDateInstantCTE
Current fiscal year start dateFilingDateInstant2018-04-01
Current period end dateFilingDateInstant2019-03-31
Type of current periodFilingDateInstantFY
Current fiscal year end dateFilingDateInstant2019-03-31
Previous fiscal year start dateFilingDateInstant2017-04-01
Comparative period end dateFilingDateInstant2018-03-31
Previous fiscal year end dateFilingDateInstant2018-03-31
Next fiscal year start dateFilingDateInstant-
End date of quarterly or semi annual period of next fiscal yearFilingDateInstant-
Amendment flagFilingDateInstanttrue
Identification of document subject to amendmentFilingDateInstantS100G8IT
Report amendment flagFilingDateInstanttrue
Xbrl amendment flagFilingDateInstantfalse
Business results of group (text)FilingDateInstantText · Plus
Business results of reporting company (text)FilingDateInstantText · Plus
Company history (text)FilingDateInstantText · Plus
Description of business (text)FilingDateInstantText · Plus
Overview of affiliated entities (text)FilingDateInstantText · Plus
Information about employees (text)FilingDateInstantText · Plus
Business policy business environment issues to address etc (text)FilingDateInstantText · Plus
Basic policy regarding control of company (text)FilingDateInstantText · Plus
Business risks (text)FilingDateInstantText · Plus
Management analysis of financial position operating results and cash flows (text)FilingDateInstantText · Plus
Critical contracts for operation (text)FilingDateInstantText · Plus
Research and development activities (text)FilingDateInstantText · Plus
Overview of capital expenditures etc (text)FilingDateInstantText · Plus
Major facilities (text)FilingDateInstantText · Plus
Planned additions retirements etc of facilities (text)FilingDateInstantText · Plus
Total number of shares (text)FilingDateInstantText · Plus
Issued shares total number of shares etc (text)FilingDateInstantText · Plus
Class issued shares total number of shares etcFilingDateInstant_OrdinaryShareMember
Original text (Japanese)普通株式
Name of financial instruments exchange on which securities are listed or authorized financial instruments business association to which securities are registeredFilingDateInstant_OrdinaryShareMember
Original text (Japanese)東京証券取引所市場第一部
Description issued shares total number of shares etcFilingDateInstant_OrdinaryShareMember
Original text (Japanese)権利内容に何ら限定のない当社における標準となる株式であり、単元株式数は100株であります。
Details of employee share option program (text)FilingDateInstantText · Plus
Description of rights plan (text)FilingDateInstantText · Plus

Every row of the EDINET CSV. Item names are the XBRL element names; filed text is kept in its original Japanese. Filed text is available on Plus and Pro.

Data checks · 24 of 24 passed
balance sheet identityconsolidated 2018-03-31pass rounding
balance sheet identityconsolidated 2019-03-31pass
balance sheet identitynon_consolidated 2018-03-31pass
balance sheet identitynon_consolidated 2019-03-31pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2017-03-31pass
statement vs summary · net assetsconsolidated 2018-03-31pass
statement vs summary · net assetsconsolidated 2019-03-31pass
statement vs summary · net assetsnon_consolidated 2017-03-31pass
statement vs summary · net assetsnon_consolidated 2018-03-31pass
statement vs summary · net assetsnon_consolidated 2019-03-31pass
statement vs summary · net income attributable to parentconsolidated 2017-04-01/2018-03-31pass
statement vs summary · net income attributable to parentconsolidated 2018-04-01/2019-03-31pass
statement vs summary · operating cash flowconsolidated 2017-04-01/2018-03-31pass
statement vs summary · operating cash flowconsolidated 2018-04-01/2019-03-31pass
statement vs summary · revenueconsolidated 2017-04-01/2018-03-31pass
statement vs summary · revenueconsolidated 2018-04-01/2019-03-31pass
statement vs summary · revenuenon_consolidated 2017-04-01/2018-03-31pass
statement vs summary · revenuenon_consolidated 2018-04-01/2019-03-31pass
statement vs summary · total assetsconsolidated 2018-03-31pass
statement vs summary · total assetsconsolidated 2019-03-31pass
statement vs summary · total assetsnon_consolidated 2018-03-31pass
statement vs summary · total assetsnon_consolidated 2019-03-31pass