Strengthening the business through the acquisition of a food-court operator
First written in FY2019-Q1. 1 of 2 entries say "Achieved", first in FY2019-Q2. Latest entry: FY2019-Q2.
1 other company's latest entry also says "Achieved".
- FY2019-Q2AchievedAnnual report
「During the first-quarter consolidated accounting period, 株式会社オーディンフーズ, in which the Company acquired a 100% interest, and during the second-quarter consolidated accounting period, 株式会社タケモトフーズ, in which the Company acquired a 100% interest, and 株式会社壁の穴, in which the Company acquired a 92.51% interest, became major consolidated subsidiaries of the Company.」
The acquisition of 100% of タケモトフーズ was completed on 31 July 2018, making it a major consolidated subsidiary. Synergies from sharing expertise were described as an expected future benefit. - FY2019-Q1First statedAnnual report
「We determined that the performance of both companies could improve because various synergies are expected from mutually sharing expertise with 株式会社タケモトフーズ, which likewise mainly operates food courts, and from sharing the Company's expertise going forward.」
As a subsequent event, the Company first disclosed its plan to make タケモトフーズ a wholly owned subsidiary on 31 July 2018 and pursue performance improvements through the mutual sharing of food-court operating expertise and synergies.