Entry into the office equipment sector through the acquisition of 明光商会
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2020.
12 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「Following the acquisition of 明光商会 (office equipment sector) as a subsidiary, revenue increased to ¥24,215 million, up ¥6,611 million, or 37.6%, year on year.」
The company reconfirmed the full-year contribution of 明光商会’s acquisition to the lifestyle-related business. - FY2020-Q3RestatedAnnual report
「During the first-quarter consolidated accounting period, the company entered the business of manufacturing, selling and maintaining office equipment centered on shredders by making 明光商会 a subsidiary through the acquisition of its shares.」
The company continued to report the acquisition of 明光商会 as a subsidiary and entry into the office equipment sector as measures completed during the first quarter. - FY2020-Q2RestatedAnnual report
「During the first-quarter consolidated accounting period, the company entered the business of manufacturing, selling and maintaining office equipment centered on shredders by making 明光商会 a subsidiary through the acquisition of its shares.」
The acquisition of 100% of the voting rights in 明光商会 and entry into the office equipment sector continued to be reported as measures completed during the first quarter. - FY2020-Q1AdvancedAnnual report
「As a result, on 26 April 2019, the company acquired the shares after the consolidation, representing 100% of voting rights. Consideration: cash, ¥6,486 million. Acquisition cost: ¥6,486 million.」
The company completed the acquisition of 100% of the voting rights in 明光商会 on 26 April 2019 and included it in the consolidated accounts from the first quarter at an acquisition cost of ¥6,486 million. - FY2019First statedAnnual report
「As a result, on 26 April 2019, the Company acquired the post-merger shares, representing a 100% voting interest.」
The company completed the acquisition of 明光商会, which manufactures, sells and maintains office equipment centered on shredders, at an acquisition cost of ¥6,486 million and with 100% voting rights ownership. The acquisition was financed entirely through bank borrowings.