Capital and business alliance with 株式会社ゼットン and its conversion into a consolidated subsidiary
First written in FY2022-Q3. 2 of 6 entries say "Achieved", first in FY2023-Q1. Latest entry: FY2025-Q1.
No other company in this theme has enough history to compare yet.
- FY2025-Q1AchievedAnnual report
「This share exchange was carried out on 1 June 2024, making 株式会社ゼットン our wholly owned subsidiary.」
The company carried out a share exchange with 株式会社ゼットン on 1 June 2024 and made it a wholly owned subsidiary. - FY2024AdvancedAnnual report
「Through this share exchange, the company is scheduled to become the parent company owning all shares of 株式会社ゼットン on the effective date, currently scheduled for 1 June 2024. The common shares of 株式会社ゼットン, which will become a wholly owned subsidiary, are scheduled to be delisted from the Nagoya Stock Exchange Next Market on 30 May 2024, with the final trading date scheduled for 29 May 2024.」
The company announced plans to make 株式会社ゼットン a wholly owned subsidiary and delist it through a share exchange scheduled for 1 June 2024, following its conversion into a consolidated subsidiary. - FY2023-Q3RestatedAnnual report
「Revenue in Other businesses increased following the consolidation of ZETTON Co., Ltd., which operates the food and beverage business in line with the growth strategy, as a subsidiary.」
The company continues to disclose that the food and beverage business contributed to higher revenue after 株式会社ゼットン became a consolidated subsidiary. - FY2023-Q2RestatedAnnual report
「Revenue in Other businesses increased following the consolidation of ZETTON Co., Ltd., which operates the food and beverage business in line with the growth strategy, as a subsidiary.」
The company continues to disclose that the food and beverage business contributed to higher revenue after 株式会社ゼットン became a consolidated subsidiary. - FY2023-Q1AchievedAnnual report
「Following the consolidation of 株式会社ゼットン as a subsidiary in February 2022, the Group changed its segment disclosure from the first quarter of the current fiscal year to separate segments for the apparel and miscellaneous goods-related business and Other (food and beverage business).」
The conversion of 株式会社ゼットン into a consolidated subsidiary, which had been pursued in the previous quarter, was completed, and the company moved to segment disclosure including the food and beverage business. - FY2022-Q3First statedAnnual report
「At a Board of Directors meeting held on 14 December 2021, the company resolved to subscribe to the third-party allotment of shares conducted by 株式会社ゼットン, as described in the notice released on the same date titled “Notice Regarding the Subscription for the Third-Party Allotment of Shares to Be Conducted by 株式会社ゼットン, the Planned Commencement of a Tender Offer for Shares of 株式会社ゼットン (Securities Code: 3057), and the Execution of a Capital and Business Alliance Agreement in Connection Therewith,” and to conduct a tender offer for the target company’s common shares under the Financial Instruments and Exchange Act. The company also entered into a capital and business alliance agreement with the target company on 14 December 2021 setting out the terms and conditions of the tender offer and third-party allotment, and payment for the third-party allotment was completed on 30 December 2021.」
The company entered into a capital and business alliance with 株式会社ゼットン to propose diverse lifestyles and secure future business opportunities in the food and beverage business. It subscribed to 1,621,400 shares in the third-party allotment, representing 25.14% of the total issued shares after the capital increase, and payment was completed on 30 December 2021. It also conducted a tender offer from 4 January to 16 February 2022, aiming to increase its voting rights from 40% to a majority and convert 株式会社ゼットン into a consolidated subsidiary.