Reorganization of Norwegian Aquaculture Business and Consideration of Share Sale to HI
First written in FY2021-Q3. 1 of 3 entries say "Achieved", first in FY2021. Latest entry: FY2022-Q1.
24 other companies' latest entry also says "Cited as achieved".
- FY2022-Q1Cited as achievedAnnual report
「In September 2021, the Company reorganized its Norwegian aquaculture business and made Hofseth Aqua AS a 100%-Norwegian-owned company. This not only secured greater management flexibility for Hofseth Aqua AS but also reduced the Company's earnings volatility risk.」
The reorganization of the Norwegian aquaculture business completed in the previous fiscal year is cited as a measure implemented to secure management flexibility and reduce earnings volatility risk. - FY2021AchievedAnnual report
「At a meeting of the Board of Directors held on 28 September 2021, the Company resolved to reorganize its Norwegian aquaculture business with the aim of expanding and strengthening its Norwegian salmon business.」
The reorganization of the Norwegian aquaculture business progressed from the review stage to Board approval and completion of the share transfer, and HIYR AS, Hofseth Aqua AS and Aspoy AS were excluded from the scope of consolidation. - FY2021-Q3First statedAnnual report
「At a Board of Directors meeting held on 28 July 2021, the Company resolved to begin considering a restructuring of its Norwegian aquaculture business, with the aim of expanding and strengthening its Norwegian salmon business, a key pillar of the food sales business.」
The start of consideration of a restructuring of the Norwegian aquaculture business was disclosed for the first time, with the aim of expanding and strengthening the Norwegian salmon business. As a subsequent event, the Company explained that it was considering selling its shares in HIYR AS to Hofseth International AS, its co-investment partner, and excluding the company from the scope of consolidation.