Sumitomo Forestry (1911) · InitiativeTransfer of subsidiary shares to GEOLIVE
Strengthening the Timber and Building Materials Supply Chain through a Capital and Business Alliance with GEOLIVE Group Corporation
First written in FY2025. 1 of 3 entries say "Advanced", first in 2026-05-07. Latest entry: FY2027-H1.
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Strengthening the Timber and Building Materials Supply Chain through a Capital and Business Alliance with GEOLIVE Group CorporationA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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Full recordFilings, disclosures and news, newest first
- FY2027-H1Transfer of subsidiary shares to GEOLIVEAnnual report
「連結子会社株式を持分法適用関連会社のジオリーブグループ株式会社へ譲渡したことによる減収を補ったことで、売上高は前年同期を上回りました。」
ジオリーブグループとの資本業務提携について、連結子会社株式を同社へ譲渡し、持分法適用関連会社とする関係変更が記載された。 - 2026-05-07AdvancedEarnings
「国内流通事業の再編・強化を目的として、当社連結子会社の株式を持分法適用関連会社のジオリーブグループ株式会社に譲渡したことなどから、売上高は前年同期を下回りました。」
ジオリーブグループとの資本業務提携が、国内流通事業の再編・強化を目的とする子会社株式の譲渡に進展した。 - FY2025First statedAnnual report
「Last August, the Company entered into a capital and business alliance agreement with GEOLIVE Group Corporation, which operates a building-materials distribution business, to support the sustainable growth of the timber and building materials distribution industry. Through the alliance, we will combine the functions and expertise held by the two companies to build a unique supply chain and a strong earnings base.」
The Company launched a new initiative with GEOLIVE Group Corporation to combine functions and expertise in timber and building-materials distribution and build a proprietary supply chain and earnings base.