The article discusses several relative questions of Consolidated Accounting Statements about the relation of Controling stock and Controling ?comparison of controling s mearnings and the method of sharing net income when investing each other.

Cross-Shareholding in Japan:A Review;

Cross-shareholding among corporations which used to exist in developed countries also emerges in China now.

The topic of my paper is legal issues of cross-shareholding, which is very prevalent among listed companies in China, shown from the relevant statistics.

Taking theoretical derivation of two firms and their calculation of two cases as examples,the author points out that unreasonable distribution caused by mutual stock holding and the degree of each mirage phenomenon of the gross stock equity and gross surplus,considering that the unreasonable distribution caused by mutual stock holding cannot be ignored and should be prevented in a rational way.

The major causes of such have been found to be that,after the changes of the overall economic situation of Japan,the financial burdens and risks of cross shareholding have both increased,the dependence on the main banks has decreased,and the business relationships are being restructured.

Research on the Legal Regulations of Company s Cross-ownership;

The circumstance of company cross-ownership is the embodiment of company system s continuous innovation and development during the economy practice, but it also has two sides.