Oriental Shiraishi (1786) · InitiativeAchieved
Dissolution of the holding company structure, integration into the operating company and listing
First written in FY2021. 1 of 2 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q1.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Transition from a pure holding company to an operating holding companyA theme 6 companies write about · 0 as a headwind · 6 as a tailwind
1 other company's latest entry also says "Achieved".
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Full recordFilings, disclosures and news, newest first
- FY2022-Q1AchievedAnnual report
「Effective 1 April 2021, we absorbed OSJBホールディングス株式会社, formerly our parent company, through an absorption-type merger and assumed its consolidated financial statements. Accordingly, there has been no substantive change in the scope of consolidation from that of the former parent company.」
The absorption-type merger took place on 1 April 2021, with our company as the surviving company assuming the former parent's consolidated financial statements. The dissolution of the holding company structure reached the implementation stage. - FY2021First statedAnnual report
「The merger and dissolution of the holding company structure are expected to accelerate decision-making, reduce additional operating costs and improve management efficiency, while also clarifying the strategies and direction determined by the Board of Directors.」
The holding company structure was dissolved through an absorption-type merger on 1 April 2021, with faster decision-making, cost reductions and improved management efficiency expected.