Making Kurogane-ya a Wholly Owned Subsidiary Through a Share Exchange
First written in FY2017-Q1. 3 of 6 entries say "Cited as achieved", first in FY2018-Q1. Latest entry: FY2018-Q3.
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- FY2018-Q3Cited as achievedAnnual report
「In terms of sales, sales remained sluggish owing to unsettled weather and other factors, but revenue increased, partly because of the consolidation effect of DCMくろがねや, which became a subsidiary in December 2016.」
The creation of ＤＣＭくろがねや as a subsidiary, completed in December 2016, was cited as a factor behind the increase in sales through consolidation effects. - FY2018-Q2Cited as achievedAnnual report
「In terms of sales, sales remained sluggish owing to unsettled weather and the backlash from earthquake-related demand following the Kumamoto Earthquake, but revenue increased, partly because of the consolidation effect of DCMくろがねや, which became a subsidiary in December 2016.」
The creation of ＤＣＭくろがねや as a subsidiary, completed in December 2016, was cited as a factor behind the increase in sales through consolidation effects. - FY2018-Q1Cited as achievedAnnual report
「In terms of sales, sales of disaster-prevention products remained sluggish due to the reaction to post-earthquake demand following the Kumamoto Earthquake. However, sales increased due in part to the consolidation effects of ＤＣＭくろがねや, which became a subsidiary in December 2016.」
The creation of ＤＣＭくろがねや as a subsidiary, completed in December 2016, was cited as a factor behind the increase in sales through consolidation effects. - FY2017-Q3AchievedAnnual report
「In addition, on 1 December 2016, 株式会社くろがねや, whose corporate name was changed on the same date to ＤＣＭくろがねや株式会社, became a wholly owned subsidiary through a share exchange.」
The share exchange was carried out on 1 December 2016, completing the creation of a wholly owned subsidiary from くろがねや. The voting rights acquisition ratio was 100%, and the post-combination corporate name was ＤＣＭくろがねや株式会社. - FY2017-Q2RestatedAnnual report
「At a meeting of its board of directors held on 28 June 2016, the Company resolved to conduct a share exchange under which the Company would become the wholly owning parent company and 株式会社くろがねや would become its wholly owned subsidiary, and entered into a share exchange agreement with the company on the same date.」
The conclusion of the share exchange agreement with くろがねや was reiterated as a material contract. No new progress regarding its effectiveness or the creation of a wholly owned subsidiary was stated. - FY2017-Q1First statedAnnual report
「At a meeting of its board of directors held on 28 June 2016, the Company resolved to conduct a share exchange under which the Company would become the wholly owning parent company and 株式会社くろがねや would become its wholly owned subsidiary, and entered into a share exchange agreement with the company on the same date.」
A share exchange agreement was concluded to make くろがねや a wholly owned subsidiary. The effective date was scheduled for 1 December 2016, the voting rights acquisition ratio was 100%, and the stated objectives were to improve profitability by reducing procurement costs and strengthening product sourcing capabilities.