Expanding the income-producing real estate business through the acquisition of Fuji Bussan Co., Ltd.
First written in FY2024-Q3. 1 of 3 entries say "Advanced", first in FY2025-H1. Latest entry: FY2025.
1 other company's latest entry also says "Achieved".
- FY2025AchievedAnnual report
「The Company conducted an absorption-type merger in which it was the surviving company and its consolidated subsidiary Fuji Bussan Co., Ltd. was the absorbed company.」
The absorption-type merger of Fuji Bussan, acquired to obtain income-producing real estate, was completed effective 1 October 2024. - FY2025-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 9 August 2024, the Company resolved to merge Fuji Bussan Co., Ltd., its wholly owned subsidiary, to improve operating efficiency and accelerate decision-making in the real estate development and leasing business.」
Following expansion of the income-producing real estate business through the acquisition of Fuji Bussan, the Company entered into an agreement for an absorption-type merger effective 1 October 2024, advancing to the integration stage to improve operating efficiency and accelerate decision-making. - FY2024-Q3First statedAnnual report
「The Company approved the acquisition of shares in Fuji Bussan Co., Ltd. at a Board of Directors meeting held on 15 December 2023 for the purpose of acquiring income-producing real estate. Fuji Bussan was scheduled to become a consolidated subsidiary from the fourth quarter of the fiscal year ending March 2024, with a minor impact on consolidated results for the current fiscal year.」
The Company approved the acquisition of Fuji Bussan shares to acquire income-producing real estate and planned to make it a consolidated subsidiary from the fourth quarter of the fiscal year ending March 2024.