Improving management efficiency in the semiconductor business through the absorption merger of パネトロン株式会社
First written in FY2018. 2 of 4 entries say "Cited as achieved", first in FY2019-Q3. Latest entry: FY2019.
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- FY2019Cited as achievedAnnual report
「The purpose is to respond to changes in the business environment surrounding the group, improve management efficiency in the group’s semiconductor and electronic-device businesses, and concentrate management resources.」
The absorption merger of パネトロン株式会社 effective 1 July 2018 was completed, and its purposes of improving management efficiency in the semiconductor and electronic-device businesses and concentrating management resources were also confirmed in the full-year notes. - FY2019-Q3Cited as achievedAnnual report
「パネトロン株式会社, which had been a consolidated subsidiary during the second-quarter consolidated accounting period, was excluded from the scope of consolidation because it ceased to exist as a result of an absorption merger effective 1 July 2018, with the company as the surviving entity.」
The absorption merger of パネトロン株式会社 effective 1 July 2018 continues to be confirmed as an exclusion from the scope of consolidation. - FY2019-Q1AchievedAnnual report
「Based on a resolution of the Board of Directors meeting held on 14 May 2018, the company absorbed its wholly owned subsidiary パネトロン株式会社 effective 1 July 2018.」
The planned absorption merger of パネトロン株式会社 was completed effective 1 July 2018. The purpose of the merger was to improve management efficiency in the semiconductor and electronic-device businesses and concentrate management resources. - FY2018First statedAnnual report
「At a meeting of the Board of Directors held on 14 May 2018, the company resolved to absorb its consolidated subsidiary パネトロン株式会社, with 1 July 2018 as the effective date, and entered into a merger agreement on the same date.」
The company first disclosed a plan for an absorption merger aimed at responding to changes in the business environment, improving management efficiency in the semiconductor and electronic-device businesses, and concentrating management resources.