Transition to a Holding Company Structure
First written in FY2017-Q1. 4 of 8 entries say "Restated". Latest entry: FY2022-Q2.
No other company in this theme has enough history to compare yet.
- FY2022-Q2AchievedAnnual report
「In addition, through a company split with 1 September 2021 as the effective date, わらべや日洋株式会社 transferred the rights and obligations relating to its domestic business to わらべや日洋食品株式会社 and, on the same date, changed its corporate name to “わらべや日洋インターナショナル株式会社,” which serves as the company overseeing the overseas food-related business.」
The previously planned transfer of the domestic food-related business through a company split and the reorganisation of わらべや日洋株式会社 as the company overseeing the overseas food-related business were carried out on 1 September 2021. - FY2022-Q1AdvancedAnnual report
「On 7 June 2021, the Company established わらべや日洋食品株式会社, a company established in preparation for the company split and wholly owned by the Company. On the same date, it decided to have わらべや日洋株式会社, a consolidated subsidiary, enter into an absorption-type company split agreement with the preparation company so that the rights and obligations relating to its domestic business would be transferred to the preparation company through a company split.」
Under the existing holding company structure, an additional reorganisation was formalised to transfer the domestic food-related business to the newly established company and make the existing subsidiary the company overseeing the overseas food-related business. The company has been established and a decision has been made to execute the absorption-type company split agreement, with 1 September 2021 scheduled as the effective date. - FY2020RestatedAnnual report
「The Company has adopted a holding company structure to accelerate decision-making at each Group company, achieve agile business operations and optimise the allocation of management resources.」
The Company continues to operate under a holding company structure and reconfirms its objectives as faster decision-making, agile operations and optimal allocation of management resources. - FY2018RestatedAnnual report
「On 1 September 2016, the Company transitioned to a holding company structure, transferred its food-related business through a company split to わらべや関西株式会社, a consolidated subsidiary, and carried out an absorption-type merger in which わらべや関西株式会社 was the surviving company and わらべや東海株式会社 and わらべや北海道株式会社, also consolidated subsidiaries of the Company, were dissolved companies.」
The transition to a holding company structure, company split and integration of the manufacturing subsidiaries are restated as the organisational structure already implemented. - FY2017RestatedAnnual report
「On 1 September 2016, we transitioned to a holding company structure, integrated our business divisions and 3 manufacturing subsidiaries into 1 company, and worked to strengthen our management foundation for further growth.」
The transition to a holding company structure and the integration of the business divisions and manufacturing subsidiaries are reconfirmed as reorganisations completed during the current consolidated fiscal year. - FY2017-Q3RestatedAnnual report
「During the third quarter of the current consolidated fiscal year, the Company transitioned to a holding company structure, transferred its food-related business through a company split to わらべや関西株式会社, a consolidated subsidiary, and carried out an absorption-type merger in which わらべや関西株式会社 was the surviving company and わらべや東海株式会社 and わらべや北海道株式会社, also consolidated subsidiaries of the Company, were dissolved companies.」
The transition to a holding company structure, company split and absorption-type merger carried out on 1 September 2016 are restated as changes to the business activities and scope of consolidation. - FY2017-Q2AchievedAnnual report
「With 1 September 2016 as the effective date, the Company transferred, through a company split, all rights and obligations relating to its businesses other than the business of managing subsidiaries to わらべや関西株式会社, a consolidated subsidiary of the Company.」
The planned company split was carried out on 1 September 2016, and the Company changed its corporate name to “わらべや日洋ホールディングス株式会社.” - FY2017-Q1First statedAnnual report
「Absorption-type company split and merger accompanying the transition to a holding company structure / Following this absorption-type company split, the Company plans to change its corporate name to “WARABEYA NICHIYO HOLDINGS CO.,LTD.” and remain listed as a holding company continuing to manage the Group companies.」
The Company disclosed plans to carry out an absorption-type company split of its business divisions, the absorption-type merger of 2 subsidiaries, and a change of corporate name, with 1 September 2016 as the scheduled date. The holding company is expected to remain listed.