Continued development of a global management structure under a pure holding company structure
First written in FY2017-Q1. 9 of 19 entries say "Restated". Latest entry: FY2026.
9 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Group transitioned to an operating holding company structure and reorganized its governance structure so that each business division assumes responsibility for operating and managing the Group companies in Japan and overseas. This clarified the authority and responsibility of each business division head, enabling the integrated promotion of business strategy formulation and execution, performance management and risk response.」
Following completion of the transition to an operating holding company, the Group has established a concrete operating structure under which each business division assumes responsibility for operating and managing the Group companies in Japan and overseas. - FY2025AchievedAnnual report
「Effective 1 April 2025, the Company absorbed its wholly owned subsidiary, FUJI OIL CO.,LTD., and changed its corporate name to “FUJI OIL CO.,LTD.”」
Regarding the transition from a pure holding company to an operating holding company, the Company completed the organizational reorganization by absorbing its wholly owned subsidiary effective 1 April 2025. - FY2025-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 23 May 2024, the Company resolved to conduct, with 1 April 2025 as the effective date, an absorption-type merger in which the Company would be the surviving company and its wholly owned subsidiary, FUJI OIL CO.,LTD., would be the absorbed company, and on the same date executed the merger agreement. At the Company’s 96th Annual General Meeting of Shareholders held on 27 June 2024, the proposal to amend the Articles of Incorporation in connection with the merger was approved.」
Regarding the transition from a pure holding company to an operating holding company, progress has been made through the Board of Directors’ resolution on and execution of the merger agreement, as well as shareholder approval of the amendment to the Articles of Incorporation. The effective date was set as 1 April 2025. - FY2024ReframedAnnual report
「The Company resolved to conduct, with 1 April 2025 as the effective date, an absorption-type merger in which the Company would be the surviving company and its wholly owned subsidiary, FUJI OIL CO.,LTD., would be the absorbed company. The Company was scheduled to transition from a pure holding company to an operating holding company」
The Company has shifted its policy from the previous direction of continuously developing a pure holding company structure to an organizational reorganization under which it will transition to an operating holding company effective 1 April 2025. - FY2022AdvancedAnnual report
「Effective 30 April 2022, the Company conducted an absorption-type company split in which the Company was the successor company and its wholly owned subsidiary, FUJI OIL CO.,LTD., was the split company, succeeding to the assets and other items held by FUJI OIL CO.,LTD.」
Regarding the operating foundation for the holding company structure, the Company carried out a concrete reorganization effective 30 April 2022, under which the head office succeeded to the assets and other items of FUJI OIL CO.,LTD. through an absorption-type company split. - FY2021-Q2RestatedAnnual report
「From a governance perspective, the Group had also been strengthening the infrastructure for global management since transitioning to a group headquarters structure in October 2015, and completed the long-awaited standardization of the fiscal year-ends of its overseas group companies in the previous consolidated fiscal year. During the 6-month period ended the second quarter of the current consolidated fiscal year, the foundation for integrated Group management under a standardized management cycle continued to strengthen steadily.」
The Group has reaffirmed the completion of fiscal year-end standardization for its overseas group companies and the strengthening of the foundation for integrated Group management under a standardized management cycle. - FY2020AdvancedAnnual report
「To promote integrated Group management by standardizing the management cycle and further enhance management transparency through the timely and appropriate disclosure of management information, including operating results, the Group changed its fiscal year-end to 31 March or changed to a method involving provisional accounting at the consolidated closing date, beginning with the current consolidated fiscal year.」
The Group standardized the fiscal year-ends of its overseas group companies, including 19 overseas consolidated subsidiaries, or changed them to provisional accounting at the consolidated closing date, making concrete progress in establishing the foundation for integrated Group management. - FY2020-Q3RestatedAnnual report
「As the business environment surrounding the Company changed, on 1 October 2015 the Company transitioned through a company split to a pure holding company structure, with the Company as the pure holding company and regional headquarters established for each area worldwide, including Japan. Through ownership of shares in its subsidiaries, the Company manages the operations of the Group companies, and regards the continued development of this global management structure as its most important responsibility and objective.」
The Company continues to regard the continued development of a global management structure comprising a pure holding company and regional headquarters as its most important responsibility and objective. - FY2020-Q2AdvancedAnnual report
「During the first quarter of the consolidated fiscal year, INTERNATIONAL OILS AND FATS LTD., previously an unconsolidated subsidiary accounted for under the equity method, was included in the scope of consolidated subsidiaries because its materiality had increased. UNIFUJI SDN. BHD., previously an associate not accounted for under the equity method, was included in the scope of equity-method associates because its materiality had increased.」
In response to the increased materiality of overseas affiliates, the Group expanded the scope of consolidation within its group management structure by making INTERNATIONAL OILS AND FATS LTD. a consolidated subsidiary and making UNIFUJI an equity-method investee, among other measures. - FY2020-Q1RestatedAnnual report
「As the business environment surrounding the Company changed, on 1 October 2015 the Company transitioned through a company split to a pure holding company structure, with the Company as the pure holding company and regional headquarters established for each area worldwide, including Japan. Through ownership of shares in its subsidiaries, the Company manages the operations of the Group companies, and regards the continued development of this global management structure as its most important responsibility and objective.」
The Company continues to regard the continued development of a global management structure comprising a pure holding company and regional headquarters as its most important responsibility and objective. - FY2019-Q3RestatedAnnual report
「As the business environment surrounding the Company changed, on 1 October 2015 the Company transitioned through a company split to a pure holding company structure, with the Company as the pure holding company and regional headquarters established for each area worldwide, including Japan. Through ownership of shares in its subsidiaries, the Company manages the operations of the Group companies, and regards the continued development of this global management structure as its most important responsibility and objective.」
The Company continues to regard the continued development of a global management structure comprising a pure holding company and regional headquarters as its most important responsibility and objective. - FY2019-Q2RestatedAnnual report
「As the business environment surrounding the Company changed, on 1 October 2015 the Company transitioned through a company split to a pure holding company structure, with the Company as the pure holding company and regional headquarters established for each area worldwide, including Japan. Through ownership of shares in its subsidiaries, the Company manages the operations of the Group companies, and regards the continued development of this global management structure as its most important responsibility and objective.」
The Company continues to regard the continued development of a global management structure comprising a pure holding company and regional headquarters as its most important responsibility and objective. - FY2019-Q1RestatedAnnual report
「On 1 October 2015, the Company transitioned through a company split to a pure holding company structure, with the Company as the pure holding company and regional headquarters established for each area worldwide, including Japan. Through ownership of shares in its subsidiaries, the Company manages the operations of the Group companies, and regards the continued development of this global management structure as its most important responsibility and objective.」
The Company continues to regard the continued development of a global management structure comprising a pure holding company and regional headquarters as its most important responsibility and objective. - FY2018-Q3RestatedAnnual report
「As the business environment surrounding the Company changed, on 1 October 2015 the Company transitioned through a company split to a pure holding company structure, with the Company as the pure holding company and regional headquarters established for each area worldwide, including Japan. Through ownership of shares in its subsidiaries, the Company manages the operations of the Group companies, and regards the continued development of this global management structure as its most important responsibility and objective.」
The Company continues to regard the continued development of a global management structure comprising a pure holding company and regional headquarters as its most important responsibility and objective. - FY2018-Q2RestatedAnnual report
「As the business environment surrounding the Company changed, on 1 October 2015 the Company transitioned through a company split to a pure holding company structure, with the Company as the pure holding company and regional headquarters established for each area worldwide, including Japan. Through ownership of shares in its subsidiaries, the Company manages the operations of the Group companies, and regards the continued development of this global management structure as its most important responsibility and objective.」
The Company continues to regard the continued development of a global management structure comprising a pure holding company and regional headquarters as its most important responsibility and objective. - FY2018-Q1RestatedAnnual report
「On 1 October 2015, the Company transitioned through a company split to a pure holding company structure, with the Company as the pure holding company and regional headquarters established for each area worldwide, including Japan. Through ownership of shares in its subsidiaries, the Company manages the operations of the Group companies, and regards the continued development of this global management structure as its most important responsibility and objective.」
The Company has reiterated that the continued development of a global management structure comprising a pure holding company and regional headquarters is its most important responsibility and objective. - FY2017AdvancedAnnual report
「The additional acquisition represented a 40% equity interest, bringing the Company’s equity interest to 98.1% as a result of the transaction. For INTERNATIONAL OILS & FATS LTD., the additional acquisition brought the Group’s voting rights ratio to 100%. These additional acquisitions were undertaken to strengthen the Group management structure and accelerate decision-making.」
In addition to raising the ownership ratio of the Zhangjiagang company to 98.1%, the Group raised its voting rights ratio in INTERNATIONAL OILS & FATS LTD. to 100%, further integrating the Group management structure. - FY2017-Q2AdvancedAnnual report
「The additional acquisition represented a 40% equity interest, bringing the Company’s equity interest to 98.1% as a result of the transaction. The additional acquisition was undertaken to strengthen the Group management structure and accelerate decision-making.」
Regarding the strengthening of the group management structure centered on the pure holding company, the Company reports concrete progress through the additional acquisition of a 40% equity interest in the Zhangjiagang subsidiary, raising its ownership ratio to 98.1%. - FY2017-Q1First statedAnnual report
「As the business environment surrounding the Company changed, on 1 October 2015 the Company transitioned through a company split to a pure holding company structure, with the Company as the pure holding company and regional headquarters established for each area worldwide, including Japan. Through ownership of shares in its subsidiaries, the Company manages the operations of the Group companies, and regards the continued development of this global management structure as its most important responsibility and objective.」
Following the transition to a structure comprising a pure holding company and regional headquarters, the Company regards developing a global management structure as its most important responsibility and objective.