Bringing renewable energy expertise and technology in-house by making Aile Co., Ltd. a subsidiary
First written in FY2017-Q2. 3 of 5 entries say "Dropped", first in FY2020-Q1. Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020DroppedAnnual report
「October 2019: Following the transfer of all shares in Yell Co., Ltd., Yell Co., Ltd. and Yell Kenfour Co., Ltd., which it owned, were excluded from the consolidated subsidiaries.」
Following the completion of the share transfer under the policy of bringing in-house the renewable energy track record and technology and energy-efficiency development capabilities through the acquisition of エール as a subsidiary, エール and AK4 were excluded from the scope of consolidation. - FY2020-Q2DroppedAnnual report
「Following approval of the share transfer agreement by a special resolution at the extraordinary shareholders' meeting held on 16 October 2019, the agreement became effective on 17 October. Accordingly, Yell and Yell Kenfour Co., Ltd., in which Yell holds a 51% stake (hereinafter, “AK4”), were excluded from the scope of consolidation.」
Although the plan was to internalize Yell Kenfour's performance, technology and energy-saving-related development capabilities through the acquisition of Yell Co., Ltd. as a subsidiary, the share transfer agreement took effect and Yell and AK4 were excluded from the scope of consolidation. - FY2020-Q1DroppedAnnual report
「At a meeting of the Board of Directors held on 19 July 2019, the Company resolved to transfer all shares of its consolidated subsidiary, Yell Co., Ltd., and entered into a share transfer agreement on the same date. 1. Details and reasons: The Company decided to scale back its renewable energy business in light of changes in the business environment.」
In contrast to the previous plan to internalize renewable energy-related expertise and technology through the acquisition of Yell Co., Ltd. as a subsidiary, the company entered into an agreement to transfer all shares and shifted to a sale policy. The post-sale ownership ratio is stated as 0%. - FY2017Cited as achievedAnnual report
「From the current fiscal year, 株式会社エール and its subsidiary 株式会社エールケンフォー have been included in the scope of consolidation following a share exchange under which the company became the wholly owning parent company and 株式会社エール became the wholly owned subsidiary.」
The company has confirmed in the annual scope of consolidation that the full acquisition of 株式会社エール and the inclusion of its subsidiary エールケンフォー as a consolidated subsidiary have been completed. The plan to bring エールケンフォー's track record, technology and development capabilities in the energy-saving field into the group has entered the execution stage. - FY2017-Q2AchievedAnnual report
「We resolved to make Yell Co., Ltd. a consolidated subsidiary through a simplified share exchange because we determined that bringing Yell Ken Four’s track record and technology in renewable energy-related operations, together with its development capabilities in energy-saving operations, into the Group would contribute significantly to future growth.」
Yell Co., Ltd., which held 51% of Yell Ken Four Co., Ltd., became a subsidiary through a simplified share exchange effective 27 October 2016. The Company issued 359,900 new shares and implemented its plan to bring Yell Ken Four’s renewable energy track record and technology and its energy-saving development capabilities into the Group.