Business Integration with Itochu Sugar Co., Ltd.
First written in FY2022. 14 of 21 entries say "Advanced", first in FY2023-Q2. Latest entry: 2026-10-01.
0 other companies' latest entry also says "Achieved".
- FY2026AdvancedAnnual report
「Based on a resolution at a meeting of the Board of Directors held on 22 May 2026, the Company entered into an absorption-type merger agreement, with the Company as the surviving company and its consolidated subsidiary 東洋精糖㈱ as the company to be dissolved, effective 1 October 2026 (scheduled).」
Integrated management with 東洋精糖 has progressed from the basic policy adopted in June 2025 to the execution of an absorption-type merger agreement and submission of the proposal to the General Meeting of Shareholders. - FY2026-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 17 June 2025, the Company resolved a basic policy of conducting an absorption-type merger, with the Company as the surviving company and its wholly owned subsidiary 東洋精糖㈱ as the company to be dissolved, targeted for 1 October 2026.」
As the next stage following completion of the integration with 第一糖業, the company has resolved a basic policy of pursuing an absorption-type merger with 東洋精糖株式会社 targeted for 1 October 2026. - FY2026-H1AdvancedAnnual report
「Based on a resolution at a meeting of the Board of Directors held on 23 May 2025, the Company entered into an absorption-type merger agreement, with the Company as the surviving company and its wholly owned subsidiary 第一糖業㈱ as the company to be dissolved, effective 1 October 2025. The proposal concerning the merger agreement was submitted to the 14th Annual General Meeting of Shareholders held on 26 June 2025, approved, and the absorption-type merger was implemented effective 1 October 2025.」
The absorption-type merger with 第一糖業株式会社 was implemented effective 1 October 2025, following execution of the agreement and approval at the General Meeting of Shareholders. - FY2025AdvancedAnnual report
「東洋精糖 operates sugar and functional materials businesses and has a high degree of strategic fit with the Company's Sugar and Food&Wellness segments. The Company determined that it was necessary to further promote integrated management with 東洋精糖, thereby strengthening the foundation of the Sugar segment, accelerating business expansion in the Food&Wellness segment, improving management efficiency, and realizing and maximizing integration synergies at an early stage. Accordingly, it adopted a basic policy of implementing the merger.」
Following the consolidation of 東洋精糖 as a subsidiary in March 2025, the company resolved a policy of pursuing an absorption-type merger targeted for 1 October 2026, further expanding the scope of integration. - FY2025-H1AdvancedAnnual report
「The Company resolved a basic policy of conducting an absorption-type merger, with the Company as the surviving company and its consolidated subsidiary 第一糖業㈱ as the company to be dissolved, targeted for 1 October 2025.」
As the next stage following completion of the integration with 日新製糖 and 伊藤忠製糖, the company has set out a basic policy of absorbing 第一糖業 through a merger targeted for 1 October 2025. The objectives are to achieve more integrated management, improve management efficiency, and realize and maximize integration synergies at an early stage. - FY2025-H1AchievedAnnual report
「At a meeting of the Board of Directors held on 24 May 2024, the Company entered into an absorption-type merger agreement, with the Company as the surviving company and its wholly owned subsidiaries, 日新製糖㈱ and 伊藤忠製糖㈱, as the companies to be dissolved, effective 1 October 2024. The proposal concerning the merger was submitted to the 13th Annual General Meeting of Shareholders held on 26 June 2024, approved, and implemented effective 1 October 2024.」
Following the transition to a holding company structure in January 2023, the company completed the next-stage integration by carrying out the absorption-type merger of WELLNEO SUGAR, 日新製糖 and 伊藤忠製糖 effective 1 October 2024. - FY2024AdvancedAnnual report
「Based on a resolution at a meeting of the Board of Directors held on 24 May 2024, the Company entered into an absorption-type merger agreement, with the Company as the surviving company and its wholly owned subsidiaries, 日新製糖株式会社 and 伊藤忠製糖株式会社, as the companies to be dissolved, effective 1 October 2024 (scheduled). The proposal concerning the merger was submitted to the 13th Annual General Meeting of Shareholders held on 26 June 2024 and was approved at the meeting.」
As the next stage following the transition to a holding company structure in January 2023, the company has entered into an absorption-type merger agreement with 日新製糖 and 伊藤忠製糖 and advanced the process through shareholder approval. The effective date is scheduled for 1 October 2024. In addition, it resolved a basic policy for an absorption-type merger with 第一糖業, targeted for 1 October 2025. - FY2024-Q2RestatedAnnual report
「Through the business integration of 日新製糖㈱ and 伊藤忠製糖㈱ effective 1 January 2023, the Company changed its trade name to WELLNEO SUGAR Co.,Ltd. and transitioned to a holding company structure.」
The company has reconfirmed its status following the business integration, change of trade name and transition to a holding company structure effective 1 January 2023. The complete integration planned for 1 October 2024 remains unfinished in this filing. - FY2024-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 26 May 2023, the Company resolved to begin the necessary procedures based on a basic policy of absorbing its wholly owned subsidiaries, 日新製糖㈱ and 伊藤忠製糖㈱, with the Company as the surviving company, effective 1 October 2024 (scheduled).」
Regarding the planned complete integration on 1 October 2024, the Board of Directors has resolved to proceed with an absorption-type merger as the basic policy, and the company has moved into the stage of beginning the necessary procedures. - FY2023AdvancedAnnual report
「To accelerate these initiatives, the Company plans to merge with 日新製糖株式会社 and 伊藤忠製糖株式会社 and complete the integration on 1 October 2024.」
As the next stage following the business integration in January 2023, the company plans to merge the holding company and the two operating companies and complete the integration on 1 October 2024. - FY2023AchievedAnnual report
「The Company will conduct a share exchange in which it will be the wholly owning parent company and 伊藤忠製糖株式会社 will be the wholly owned subsidiary, while transferring all of the Company's businesses other than its group management and administration business to 日新製糖分割準備株式会社 through an absorption-type company split, thereby transitioning to a holding company structure.」
The company completed the share exchange with 伊藤忠製糖, the transfer of the business and the transition to a holding company structure on 1 January 2023, completing the business integration planned in the previous filing. - FY2023-Q2AdvancedAnnual report
「With respect to the business integration with 伊藤忠製糖株式会社, with which the Company signed a basic agreement on 10 June 2022, the Company resolved at a meeting of its Board of Directors held on 29 September 2022 to enter into a business integration agreement and a share exchange agreement with 伊藤忠製糖, respectively, and signed both agreements on the same day.」
Regarding the business integration with 伊藤忠製糖, the company signed a business integration agreement and a share exchange agreement on 29 September 2022. It has also moved into the specific implementation phase, envisaging a share exchange, a transition to a holding company structure through an absorption-type company split, and an effective date of 1 January 2023. - FY2023-Q1RestatedAnnual report
「There have been no material changes from the information disclosed in the annual securities report for the previous consolidated fiscal year concerning the business integration between the Company and 伊藤忠製糖株式会社.」
The company has reconfirmed that there have been no material changes from the annual securities report for the previous consolidated fiscal year concerning the business integration with 伊藤忠製糖株式会社. - FY2022First statedAnnual report
「The form of the business integration currently envisaged is to make 伊藤忠製糖 a wholly owned subsidiary through a share exchange in which the Company will be the wholly owning parent company. At the same time, the Company, 日新製糖, will become a pure holding company by transferring its business to a newly established subsidiary through a company split. The holding company will remain listed on the TSE Prime Market. The final agreement on the business integration is expected to be signed in early September 2022, and the effective date is scheduled for 1 January 2023.」
The company has disclosed for the first time a basic agreement toward business integration with 伊藤忠製糖, envisaging a share exchange, the establishment of a holding company through a company split, execution of the final agreement in early September 2022, and an effective date of 1 January 2023.