Overseas business platform, including subsidiaries in the United States and Singapore
First written in FY2016. 6 of 11 entries say "Restated". Latest entry: 2026-04-13.
O'will moved to the "Worse" side of this theme in 2025, the same year as the typical company in this theme.
3 other companies' latest entry also says "Reframed".
- 2026-04-13ReframedM&A and Subsidiary Changes
「(4) Number of shares held after the change: 95,000 shares (Number of voting rights: 95,000) (Voting rights ownership ratio: 100.0%)」
The company changed the ownership ratio of its U.S. subsidiary, NIITAKAYA U.S.A. INC., from 95.0% to 100.0%, changing the ownership structure of its overseas business base. - FY2026-H1ReframedAnnual report
「On 16 April 2025, the Company acquired an additional 85% of the issued shares of NIITAKAYA U.S.A.INC. and made it a subsidiary by coming to own 95% of its issued shares.」
NIITAKAYA U.S.A.INC. was added as a subsidiary with a 95% voting interest to the overseas business platform including the U.S. subsidiary following the liquidation of the Singapore subsidiary. - FY2024RestatedAnnual report
「The Group comprises O'will Corporation and its subsidiaries 株式会社サンオーネスト and J.S.O'will,Inc.」
The Group structure including the domestic manufacturing subsidiary and U.S. subsidiary has continued following the liquidation of the Singapore subsidiary. - FY2023RestatedAnnual report
「The Group comprises O'will Corporation and its subsidiaries 株式会社サンオーネスト and J.S.O'will,Inc.」
The Group structure including the domestic manufacturing subsidiary and U.S. subsidiary has continued following the liquidation of the Singapore subsidiary. - FY2022ReframedAnnual report
「The Group comprises O'will Corporation and its subsidiaries 株式会社サンオーネスト and J.S.O'will,Inc.」
Following the completion of the Singapore subsidiary's liquidation, the consolidated Group is disclosed as comprising the domestic manufacturing subsidiary and the U.S. subsidiary. - FY2022-Q3ReframedAnnual report
「O'WILL (ASIA) HOLDINGS PTE. LTD., formerly a consolidated subsidiary, was excluded from the scope of consolidation because its liquidation was completed on 16 September 2021. Its income statement through the completion of liquidation has been consolidated.」
The overseas business platform, which previously included U.S. and Singapore subsidiaries, changed when the Singapore subsidiary's liquidation was completed and it was excluded from the scope of consolidation. - FY2021-Q3RestatedAnnual report
「There have also been no changes involving the major affiliated companies.」
There have been no changes involving the major affiliated companies, and the Group structure comprising a domestic manufacturing subsidiary, a Singapore subsidiary, and a U.S. subsidiary has continued. - FY2020RestatedAnnual report
「The Group comprises O'will Corporation and its subsidiaries 株式会社サンオーネスト, O'WILL (ASIA) HOLDINGS PTE. LTD., and J.S.O'will,Inc.」
The overseas business platform comprising a domestic manufacturing subsidiary, a Singapore subsidiary, and a U.S. subsidiary has continued. - FY2018RestatedAnnual report
「The Group comprises O'will Corporation and its subsidiaries 株式会社サンオーネスト, O'WILL (ASIA) HOLDINGS PTE. LTD., and J.S.O'will,Inc.」
The overseas business platform comprising a domestic manufacturing subsidiary, a Singapore subsidiary, and a U.S. subsidiary has continued. - FY2017RestatedAnnual report
「The Group comprises O'will Corporation and its subsidiaries 株式会社サンオーネスト, O'WILL (ASIA) HOLDINGS PTE. LTD., and J.S.O'will,Inc.」
The overseas business platform comprising a domestic manufacturing subsidiary, a Singapore subsidiary, and a U.S. subsidiary has continued. - FY2016First statedAnnual report
「The Group comprises O'will Corporation and its subsidiaries 株式会社サンオーネスト, O'WILL (ASIA) HOLDINGS PTE. LTD., and J.S.O'will,Inc.」
Of the 3 consolidated subsidiaries, the Singapore subsidiary is responsible for expanding supply bases in ASEAN and other markets and developing export markets, while the U.S. subsidiary handles commercial heaters and other products.