Komori
Tsuchiya Holdings (1840) · InitiativeAdvanced

Group reorganization into a three-operating-company structure

First written in FY2018-Q1. 4 of 7 entries say "Restated". Latest entry: FY2021-Q3.

7entries
4years
0from disclosures
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ProgressHeldSoftenedWorseRestatedFY2018-Q3 – FY2020-Q12018: 320182019: 120192020: 220202021: 12021
Same theme, other companies
Group restructuring into a three-operating-company structure through a company split (1840)A theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2021-Q3AdvancedAnnual report

    「From the third quarter of the current consolidated accounting period, the newly established 株式会社土屋ホーム不動産販売 has been included in the scope of consolidation.」

    Based on the previous structure comprising 3 operating companies, the newly established 株式会社土屋ホーム不動産販売 was added to the scope of consolidation from the third quarter of the current consolidated accounting period.
  2. FY2020-Q1RestatedAnnual report

    「Our group is working to enhance the expertise of each operating company and strengthen group synergies through cross-company collaboration」

    Under the structure comprising 3 operating companies, efforts to enhance each company's expertise and strengthen synergies through cross-company collaboration are continuing.
  3. FY2019RestatedAnnual report

    「Through a structure comprising 3 operating companies, with 土屋ホーム responsible for the housing business, 土屋ホームトピア for the renovation business, and 土屋ホーム不動産 for the real estate and rental businesses, we will enhance the expertise of each business and pursue cross-company sales collaboration and information sharing across the group's operating companies in each sales area.」

    Under the structure comprising 3 operating companies, efforts to enhance the expertise of each business and maintain cross-company sales collaboration and information sharing in each sales area are continuing.
  4. FY2018RestatedAnnual report

    「The group was reorganized through a company split effective 1 February 2018, establishing a structure of 3 operating companies, namely TSUCHIYA HOME CO., LTD., TSUCHIYA HOME TOPIA CO., LTD., and TSUCHIYA HOME REAL ESTATE CO., LTD. The reorganization was intended to enhance the strategic focus and agility of management, maximize the group's overall capabilities and synergies, optimize management resources, clarify the effects of growth investments, and enable appropriate and efficient operations.」

    The structure comprising 3 operating companies created through the corporate split dated 1 February 2018 and its objectives are reaffirmed in the full-year report.
  5. FY2018-Q3RestatedAnnual report

    「In this environment, the group carried out a reorganization through a company split effective 1 February 2018, in response to a constantly changing market environment ahead of a decline in the total population, growth in the housing stock, revisions to the Inheritance Tax Act, and an increase in the consumption tax. The reorganization established a structure of 3 operating companies, namely TSUCHIYA HOME CO., LTD., TSUCHIYA HOME TOPIA CO., LTD., and TSUCHIYA HOME REAL ESTATE CO., LTD., with the aim of enhancing the strategic focus and agility of management, maximizing the group's overall capabilities and synergies, optimizing management resources, clarifying the effects of growth investments, and conducting operations appropriately and efficiently.」

    The reorganisation into a structure comprising 3 operating companies through the corporate split dated 1 February 2018 is presented again as the implemented organisational structure.
  6. FY2018-Q2AchievedAnnual report

    「The group was reorganized through a company split effective 1 February 2018, establishing a structure of 3 operating companies, namely TSUCHIYA HOME CO., LTD., TSUCHIYA HOME TOPIA CO., LTD., and TSUCHIYA HOME REAL ESTATE CO., LTD. The reorganization was intended to enhance the strategic focus and agility of management, maximize the group's overall capabilities and synergies, optimize management resources, clarify the effects of growth investments, and enable appropriate and efficient operations.」

    The group reorganisation into a structure comprising 3 operating companies, which had been established and planned through the previous period, was implemented on 1 February 2018.
  7. FY2018-Q1First statedAnnual report

    「We have been establishing a structure for the group reorganisation into 3 operating companies, comprising 株式会社土屋ホーム, 株式会社土屋ホームトピア and 株式会社土屋ホーム不動産, in order to develop an environment for training managers, enhance the strategic focus and agility of management, maximise the group's overall capabilities and synergies, optimise management resources, clarify the benefits of growth investments, and conduct operations appropriately and efficiently.」

    The document describes the planned corporate split and transaction to be implemented on 1 February 2018 as part of the reorganisation into a structure comprising 3 operating companies. The objectives are management development, greater strategic focus and agility, stronger group synergies, optimisation of management resources, and clearer growth investment benefits.
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