Expansion of the Metal Recycling Business through a Share Delivery by 龍一商事株式会社
First written in FY2026-H1. 4 of 5 entries say "Advanced", first in 2026-03-12. Latest entry: FY2027-H1.
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- FY2027-H1AdvancedAnnual report
「Because the deemed acquisition date for 龍一商事株式会社 was 30 September 2025, consolidation began with the consolidated financial statements for the 3-month period from 1 October 2025 to 31 December 2025 in the previous consolidated fiscal year.」
Following the acquisition of 龍一商事 as a subsidiary, the company has progressed to the stage of consolidating income and expenses for the 3-month period from October to December 2025, and the results of the metal recycling business have begun to be reflected in the consolidated results. - FY2026AdvancedAnnual report
「For 龍一商事株式会社, the deemed acquisition date is 30 September 2025, and the company has consolidated the 3-month period from 1 October 2025 to 31 December 2025 in the current consolidated fiscal year.」
The company made 龍一商事 a subsidiary and consolidated its income and expenses for the 3-month period from October to December 2025. It is working to expand procurement and sales channels for the company's metal and resource recycling business, as well as its existing waste-plastic and metal recycling businesses. - FY2026-H1First statedAnnual report
「At a Board of Directors meeting held on 18 July 2025, the company resolved to implement a share delivery under which it would be the parent company receiving shares and 龍一商事株式会社 would be the subsidiary delivering shares. The share delivery was implemented on 4 August 2025, making 龍一商事株式会社 a subsidiary.」
The company acquired 50.2% of the voting rights in 龍一商事株式会社 through a simplified share delivery dated 4 August 2025, making it a subsidiary. It plans to expand the scale of its metal recycling business by incorporating 龍一商事's scrap-resource recycling business for iron, copper, aluminum, stainless steel and other materials, integrate indirect operations, and improve competitiveness across its trading business. The company delivered 2,761,000 common shares, and the acquisition cost was ¥392.062 million.