Acquisition of 長野セルトップ's Flower Seedling Nursery Business
First written in FY2019-Q2. 4 of 6 entries say "Cited as achieved", first in FY2020-Q1. Latest entry: FY2021.
No other company in this theme has enough history to compare yet.
- FY2021Cited as achievedAnnual report
「The acquired flower seedling nursery business, which began operations in July 2019, increased sales. As a result, net sales for the first quarter of the current fiscal year were ¥505.237 million, an increase of ¥66.380 million, or 15.1%, from the same quarter of the previous year.」
The company cites the completed acquisition of the flower seedling propagation business as having contributed to a broader range of flower seedlings and higher revenue. - FY2020-Q2Cited as achievedAnnual report
「Sales increased as a result of the flower seedling nursery business acquired and launched in July 2019.」
The company cites the completed acquisition of Nagano Cell Top's flower seedling propagation business as a factor behind the increase in revenue during the current quarter. - FY2020-Q1Cited as achievedAnnual report
「Revenue increased as a result of the flower seedling propagation business acquired and launched in July 2019.」
The completed acquisition of the flower seedling propagation business is again described as a factor behind the increase in revenue during the current quarter. - FY2020-Q1Cited as achievedAnnual report
「Revenue increased as a result of the flower seedling propagation business acquired and launched in July 2019.」
The company cites the acquisition of Nagano Cell Top's flower seedling propagation business, completed by the previous quarter, as a factor behind the increase in revenue during the current quarter. - FY2019-Q3AchievedAnnual report
「As part of its business development aimed at diversifying and expanding the range of its seedling business, one of its growth strategies, the company entered into a business transfer agreement dated 30 June 2019 to acquire the flower seedling propagation business operated by 株式会社長野セル トップ and completed the acquisition on 1 July 2019.」
The company completed the previously disclosed acquisition of Nagano Cell Top's flower seedling propagation business on 1 July 2019 for cash consideration of ¥60 million. - FY2019-Q2First statedAnnual report
「At a meeting of the Board of Directors held on 17 May 2019, the company resolved to acquire the flower seedling propagation business operated by 株式会社長野セル トップ. The company plans to enter into a business transfer agreement dated 30 June 2019 and acquire the business on 1 July 2019. The company decided to acquire the flower seedling propagation business because it determined that, by leveraging the vegetable seedling production technologies it has developed and improving its flower seedling production technology and productivity in cooperation with Sakata Seed, the acquisition would contribute to the development and further expansion of the domestic flower seedling business. Consideration for the acquisition: cash, ¥60 million」
The company disclosed plans to acquire, on 1 July 2019, the flower seedling propagation business, mainly focused on lisianthus, for ¥60 million, as a business acquisition scheduled for that date. The stated rationale was the development and expansion of the domestic flower seedling business through cooperation with Sakata Seed.