Expansion of the Recycling Business through a Share Delivery by 株式会社北山商事
First written in FY2024. 3 of 5 entries say "Advanced", first in FY2025-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「株式会社北山商事 Key financial information: ① Revenue ¥20,947 million ② Ordinary profit ¥554 million ③ Net income ¥365 million」
Following its acquisition as a subsidiary, 北山商事 provides the business base for the Group’s principal metal recycling subsidiary, generating revenue of ¥20,947 million, ordinary profit of ¥554 million and net income of ¥365 million. - 2026-03-12AdvancedRevisions to earnings forecasts
「As a result of the business expansion of consolidated subsidiary 株式会社北山商事, including the opening of its Kanto branch in May 2025, transaction volumes for non-ferrous metal scrap expanded substantially.」
The business expansion of 株式会社北山商事, including the opening of its Kanto branch, was reflected in full-year results through increased transaction volumes for non-ferrous metal scrap. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, the company acquired 50.1% of the shares of 株式会社北山商事 through a simplified share delivery and made it a subsidiary.」
The company continues to disclose that it acquired 50.1% of the voting rights in 北山商事 through a simplified share delivery effective 15 May 2024 and made it a subsidiary, together with details of its addition to the scope of consolidation and the business combination. Only the balance sheet was consolidated for the interim consolidated accounting period under review. - FY2025-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 18 April 2024, we resolved to carry out a share delivery under which we would be the parent company in the share delivery and 株式会社北山商事 would be the subsidiary. We carried out the share delivery on 15 May 2024 and made 株式会社北山商事 a subsidiary.」
Regarding the acquisition of 北山商事 as a subsidiary, the company proceeded to implement a share delivery on 15 May 2024 and acquire 50.1% of the voting rights. The purpose is to expand the scale of the metal and plastics recycling businesses, improve the efficiency of indirect operations, and strengthen the competitiveness of the trading business as a whole. - FY2024First statedAnnual report
「The company resolved to carry out a share delivery, effective 15 May 2024, under which the company would be the share-delivery parent company and 株式会社北山商事 the share-delivery subsidiary. The purpose is to expand the scale of the metal and plastics recycling businesses, improve operational efficiency through integrated management of indirect operations, and rapidly strengthen the competitiveness of the trading business as a whole.」
The company describes a plan to acquire 50.1% of the voting rights in 北山商事 through a simplified share delivery effective 15 May 2024, thereby expanding the scale of its metal and plastics recycling businesses and improving operational efficiency. The number of shares delivered is 6,200,000, and the acquisition consideration is ¥434.000 million.