Discussions on a capital and business alliance to ensure a stable supply of sugar and strengthen competitiveness
First written in FY2020. 3 of 5 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2024-Q3.
No other company in this theme has enough history to compare yet.
- FY2024-Q3AdvancedAnnual report
「As part of the capital and business alliance with ＤＭ三井製糖ホールディングス株式会社, the company has, since October 2023, transported some of the raw materials collected by 北海道糖業株式会社, a consolidated subsidiary of ＤＭ三井製糖ホールディングス株式会社, to its 芽室製糖所 plant and undertaken contract manufacturing of sugar and other products.」
Under the capital and business alliance, the company began transporting some of the raw materials collected by 北海道糖業 to its 芽室製糖所 plant in October 2023 and undertaking contract manufacturing of sugar and other products. The alliance has progressed from the discussion and planning stage to actual contract production. - FY2022AdvancedAnnual report
「The company is currently discussing contract manufacturing, scheduled to begin in October 2023, with 北海道糖業㈱, a subsidiary of ＤＭ三井製糖ホールディングス㈱, using the 本別製糖所 plant operated by 北海道糖業㈱. It is also planning capital expenditure at its 芽室製糖所 plant to support the contract manufacturing.」
The capital and business alliance is being translated into specific measures, including discussions on contract manufacturing scheduled to begin in October 2023 at 北海道糖業's 本別製糖所 and a capital investment plan for the 芽室製糖所 plant. - FY2022-Q3RestatedAnnual report
「The company had contracted 関門製糖㈱ to manufacture refined sugar, and production at 関門製糖㈱ has continued through 大日本明治製糖㈱ after the sale of the shares.」
The company has reconfirmed that production of refined sugar at 関門製糖 through 大日本明治製糖 will continue after the sale of the shares in 関門製糖. - FY2022-Q2AdvancedAnnual report
「Under the capital and business alliance agreement with ＤＭ三井製糖ホールディングス㈱, and based on a resolution of the board of directors held on 16 September 2021, the company entered into an agreement to transfer all of its shares in 関門製糖㈱, an equity-method affiliate, to 大日本明治製糖㈱, a subsidiary of ＤＭ三井製糖ホールディングス㈱. Accordingly, as described in Part I, Corporate Information, 2. Business Overview, the company sold the shares on 30 September 2021 and excluded 関門製糖㈱ from the scope of equity-method accounting.」
The company entered into an agreement to transfer its shares in 関門製糖 under the capital and business alliance and completed the sale of all shares on 30 September 2021. Production of refined sugar at 関門製糖 has continued through 大日本明治製糖 after the sale of the shares. - FY2020First statedAnnual report
「As announced in March 2020, the company resolved to begin discussions on a capital and business alliance with the holding company to be established through the management integration of 三井製糖株式会社 and 大日本明治製糖株式会社.」
The company has disclosed for the first time a resolution to begin discussions on a capital and business alliance with the holding company to be established following the management integration of 三井製糖 and 大日本明治製糖. The alliance is intended to secure raw materials, preserve and improve production technology, establish a stable domestic supply system, and strengthen international competitiveness.