Transition to a Holding Company Structure
First written in FY2016. 4 of 7 entries say "Restated". Latest entry: FY2020.
36 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「In an environment that calls for the speedy management that was the purpose of the transition to a holding company structure」
On the premise that the transition to a holding company structure has been completed, the company continues to cite the speedy management that was its purpose. - FY2019RestatedAnnual report
「In an environment that calls for the speedy management that was the purpose of the transition to a holding company structure」
On the premise that the transition to a holding company structure has been completed, the company continues to promote the speedy management that was its purpose. - FY2017RestatedAnnual report
「The company proceeded with preparations for the transition to a holding company structure, changed its corporate name to PAL GROUP Holdings CO.,LTD on 1 September 2016, and transferred its apparel and general merchandise businesses to the newly established 株式会社パル, whose corporate name was changed from 株式会社パル分割準備会社 on 1 September 2016.」
The company reconfirmed in its annual report that the transition to a holding company structure and the transfer of the apparel and general merchandise businesses had been completed. - FY2017-Q3RestatedAnnual report
「The company proceeded with preparations for the transition to a holding company structure, changed its corporate name to PAL GROUP Holdings CO.,LTD on 1 September 2016, and transferred its apparel and general merchandise businesses to the newly established 株式会社パル, whose corporate name was changed from 株式会社パル分割準備会社 on 1 September 2016.」
The company again recorded the change of corporate name after the transition to a holding company structure and the transfer of the apparel and general merchandise businesses as completed facts. - FY2017-Q2AchievedAnnual report
「The company proceeded with preparations for the transition to a holding company structure, changed its corporate name to PAL GROUP Holdings CO.,LTD on 1 September 2016, and transferred its apparel and general merchandise businesses to the newly established 株式会社パル, whose corporate name was changed from 株式会社パル分割準備会社 on 1 September 2016.」
On 1 September 2016, the company changed its corporate name and transferred its apparel and general merchandise businesses to the newly established company, completing the transition to a holding company structure. - FY2017-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 29 March 2016, the company resolved to transition to a holding company structure through a corporate split, with 1 September 2016 scheduled as the effective date, and to establish a wholly owned subsidiary as the company preparing for the split. On 1 April 2016, it established 株式会社パル分割準備会社 (the Split Preparation Company).」
With the establishment of the Split Preparation Company, execution of the absorption-type company split agreement and approval at the annual general meeting of shareholders completed, specific procedures for the transition scheduled for 1 September 2016 progressed. - FY2016First statedAnnual report
「In this business environment, we determined that it would be desirable to further accelerate management for additional growth and establish a group management structure that enables agile and flexible management decisions, and decided to pursue a transition to a holding company structure.」
The company explicitly stated its plan to transition to a holding company structure through a corporate split, scheduled for 1 September 2016.