孫まご会がい社しゃ

noun

sub-subsidiary; second-tier subsidiary

A company that is a subsidiary of another subsidiary; i.e., a grandchild company in a corporate group.

• 当とう社しゃはA社しゃの孫まご会社がいしゃにあたります。

  Our company is a sub-subsidiary of Company A.

• 孫まご会がい社しゃの業ぎょう績せきも連れん結けつ決けっ算さんに含ふくまれます。

  The performance of sub-subsidiaries is also included in consolidated financial statements.