Transition to Consolidated Subsidiaries and Creation of Business Synergies through a Capital and Business Alliance with Taisei Corporation
First written in FY2024-Q2. 3 of 7 entries say "Advanced", first in FY2024. Latest entry: 2026-06-26.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「Through this capital and business alliance, the Company aims to build a smooth relationship that will generate significant synergies not only by creating business opportunities but also through sustainability management, an area in which TAISEI CORPORATION has taken an advanced approach.」
Even after becoming a consolidated subsidiary of TAISEI CORPORATION, the Company continues to pursue synergies in construction technologies, customer information, DX and GX, and sustainability management. - FY2024AdvancedAnnual report
「In December last year, the Company became a consolidated subsidiary of TAISEI CORPORATION. Through this capital and business alliance, the Company aims to build a smooth relationship that will generate significant synergies not only by creating business opportunities but also through sustainability management, an area in which TAISEI CORPORATION has taken an advanced approach.」
The capital and business alliance agreed in the previous fiscal year was implemented, and the Company became a consolidated subsidiary of TAISEI CORPORATION in December 2023. Creating synergies in construction technologies, customer information, DX and GX, and sustainability management remains an ongoing challenge. - FY2024-Q2First statedAnnual report
「At a meeting of the Board of Directors held on 9 November 2023, the Company entered into a capital and business alliance agreement with TAISEI CORPORATION. The tender offeror intends, through the tender offer, to make the Company a consolidated subsidiary, but does not intend to delist the Company’s shares. The policy is to maintain the listing of the Company’s shares on the Tokyo Stock Exchange Prime Market after completion of the tender offer.」
Along with expressing an opinion supporting TAISEI CORPORATION’s tender offer and a neutral opinion regarding the tender offer, the Company entered into a capital and business alliance agreement. Based on maintaining and improving management independence, employment, and employee treatment, the Company expects to improve order-taking efficiency, construction capabilities, and purchasing power through the mutual use of construction technologies, customer information, DX and GX expertise, and supply chains, as well as improve production efficiency and profitability in its manufacturing business.