Strengthening the Healthcare Business for Older Adults Through the Acquisition of Shares in Nippon Tech Systems
First written in FY2022-Q1. 2 of 4 entries say "Cited as achieved", first in FY2022-Q3. Latest entry: FY2022.
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- FY2022Cited as achievedAnnual report
「On 1 September 2021, the company made 日本テクトシステムズ, which provides dementia-related services, a wholly owned subsidiary through a share exchange.」
The completed conversion of 日本テクトシステムズ into a wholly owned subsidiary is reiterated in the full-year description of the healthcare business. - FY2022-Q3Cited as achievedAnnual report
「On 1 September 2021, the company acquired all shares of 日本テクトシステムズ, which operates a healthcare business in the fields of older adults and dementia, through a simplified share exchange under which the company became the wholly owning parent company, making 日本テクトシステムズ a consolidated subsidiary.」
The completion of the conversion of 日本テクトシステムズ into a wholly owned subsidiary is reiterated in the description of the healthcare business. - FY2022-Q2AchievedAnnual report
「On 1 September 2021, the company acquired all shares of 日本テクトシステムズ, which operates a healthcare business in the fields of older adults and dementia, through a simplified share exchange under which the company became the wholly owning parent company, making 日本テクトシステムズ a consolidated subsidiary.」
The conversion of 日本テクトシステムズ into a wholly owned subsidiary was completed on 1 September 2021. The plan to strengthen the healthcare business through accelerated initiatives for older adults, coordination with existing services, and the creation of evidence has moved into the execution phase. - FY2022-Q1First statedAnnual report
「The company and the acquired company aim to achieve further growth in both businesses by making maximum use of their respective strengths and management resources. Specifically, they will accelerate initiatives for older adults, an area of strength for both companies, strengthen services through coordination with existing services, and significantly advance the creation of evidence. Through these initiatives, they will work to extend healthy life expectancy in a super-aging society and address social issues. Scheduled acquisition date: 1 September 2021. Voting rights to be acquired: 100.0% (previously 0.0%). Shares to be delivered through the share exchange: 1,465,173 treasury shares of the company.」
The company disclosed a plan to make 日本テクトシステムズ a wholly owned subsidiary through a simplified share exchange and strengthen its healthcare business through initiatives for older adults, coordination with existing services, and the creation of evidence. The scheduled acquisition date was 1 September 2021.