Strengthening Audio and Video System Solutions Through the Acquisition of 株式会社テクノハウス as a Subsidiary
First written in FY2019-Q3. 2 of 4 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2020.
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- FY2020AdvancedAnnual report
「The Electrical Acoustics and Sales and Installation business exceeded the previous consolidated fiscal year, owing to the full-year consolidation of the Sama Sound group and 株式会社テクノハウス, among other factors.」
While the full-year consolidation of テクノハウス contributed to higher revenue in the Electrical Acoustics and Sales and Installation business, profit fell below the previous year due to fewer large-scale projects and construction delays. - FY2020-Q1AdvancedAnnual report
「The Electrical Acoustics and Sales and Installation business exceeded revenue in the same quarter of the previous year, owing to the full-year consolidation of the Sama Sound group and 株式会社テクノハウス, the acquisition of large-scale projects in the broadcaster and hall markets, and growth in sales of distribution products that form the foundation of revenue.」
The full-year consolidation of テクノハウス contributed to higher revenue in the Electrical Acoustics and Sales and Installation business, which increased 46.4% year on year. - FY2019AchievedAnnual report
「By welcoming 株式会社テクノハウス into the group, the company determined that it could share products, knowledge, know-how and technology, strengthen its ability to propose system solutions, and maintain and enhance competitiveness by leveraging the group's management structure, which has sales and service divisions in both the audio and video fields, and therefore made it a subsidiary.」
On 3 December 2018, the company acquired a 100% voting interest in テクノハウス and implemented the sharing of products, knowledge and technology and the strengthening of its ability to propose audio and video system solutions. - FY2019-Q3First statedAnnual report
「On 3 December 2018, the company acquired the shares of 株式会社テクノハウス and made it a consolidated subsidiary. By welcoming 株式会社テクノハウス into the group, the company determined that it could share products, knowledge, know-how and technology, strengthen its ability to propose system solutions, and maintain and enhance competitiveness by leveraging the group's management structure, which has sales and service divisions in both the audio and video fields. Voting rights acquired: 100% Acquisition cost: ¥200,000 thousand Goodwill generated: ¥143,470 thousand」
On 3 December 2018, the company acquired a 100% voting interest in テクノハウス and added the sale of professional video and audio equipment, system design, installation and maintenance to the group. The initiative is intended to strengthen the sharing of audio- and video-related products, knowledge, know-how and technology, as well as the group's ability to propose system solutions and its competitiveness. The acquisition cost was ¥200 million and goodwill was ¥143.47 million, to be amortized on a straight-line basis over 5 years.