Acquisition of Manufacturing and Sales Rights for FOMM ONE
First written in FY2022. 1 of 3 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2023.
No other company in this theme has enough history to compare yet.
- FY2023SoftenedAnnual report
「Quantum FOMM Limited, a consolidated subsidiary of the Company, acquired the manufacturing and sales rights for the FOMM ONE EV from FOMM, but, in light of future earnings prospects and recoverability, recorded an impairment loss after setting the recoverable amount at zero.」
An impairment charge was recognized on the acquired FOMM ONE manufacturing and sales rights, reducing their recoverable amount to zero based on future earnings and recoverability, indicating a weaker outlook for the economic value of the rights. - FY2023-Q1AdvancedAnnual report
「Quantum FOMM Limited (Consolidated subsidiary) FOMM Japan 29 March 2022 Acquisition of manufacturing and sales license rights for FOMM ONE in Thailand, etc.」
The acquisition of manufacturing and sales rights for FOMM ONE has taken concrete form as a manufacturing and sales license agreement in Thailand dated 29 March 2022. - FY2022First statedAnnual report
「The Company acquired the exclusive rights to manufacture and sell FOMM's EV model, FOMM ONE, in the People's Republic of China (including Hong Kong, Macau and Taiwan), Malaysia, Singapore, Indonesia and Latin America.」
The theme of acquiring exclusive manufacturing and sales rights for FOMM ONE in China, Southeast Asia and Latin America under a basic agreement dated January 2022 has been presented independently for the first time.