Spin-off of the Electronic Device and Component Business
First written in FY2016. 3 of 7 entries say "Restated". Latest entry: FY2020.
2 other companies' latest entry also says "Achieved".
- FY2020AchievedAnnual report
「We determined that concentrating our management resources on the engineering business in the Group's operations, which mainly serve the steel, oil and railway industries, would further strengthen our earnings power. Accordingly, we entered into an agreement to transfer all shares of 八洲電子ソリューションズ㈱, which operates the electronic devices and components business, to TACHIBANA ELETECH CO.,LTD. for ¥530 million, and completed the transfer on 1 April 2020.」
Regarding all shares of 八洲電子ソリューションズ㈱, the transaction progressed from the contract-execution stage to completion of the transfer on 1 April 2020. - FY2020-Q3AdvancedAnnual report
「As announced on 21 January 2020, we entered into an agreement to transfer all shares of 八洲電子ソリューションズ㈱ to TACHIBANA ELETECH CO.,LTD. on 1 April 2020 for ¥530 million.」
For 八洲電子ソリューションズ㈱, which had been spun off, the process advanced from a basic agreement to execution of an agreement to transfer all shares. The scheduled transfer date was 1 April 2020, and the transfer price was ¥530 million. - FY2020-Q2AdvancedAnnual report
「At an extraordinary meeting of the Board of Directors held on 10 September 2019, we resolved to enter into a basic agreement on the transfer of shares in our subsidiary, 八洲電子ソリューションズ株式会社, to TACHIBANA ELETECH CO.,LTD., and entered into the basic agreement on the same date.」
For 八洲電子ソリューションズ㈱, which had been spun off, the company reported concrete progress in the form of a basic agreement and contract execution toward the transfer of its shares to TACHIBANA ELETECH CO.,LTD. - FY2017-Q3RestatedAnnual report
「On 1 April 2016, we spun off the relevant business through a simplified incorporation-type company split and transferred it to the newly established 八洲電子ソリューションズ㈱.」
The company has reconfirmed the spin-off of the electronic devices and components business and its transfer to 八洲電子ソリューションズ㈱. - FY2017-Q2RestatedAnnual report
「On 1 April 2016, we spun off the relevant business through a simplified incorporation-type company split and transferred it to the newly established 八洲電子ソリューションズ㈱.」
The company has reconfirmed the spin-off of the electronic devices and components business and its transfer to 八洲電子ソリューションズ㈱, which has been included in the scope of consolidation from the first quarter of the current consolidated fiscal year. - FY2017-Q1RestatedAnnual report
「On 1 April 2016, we spun off the relevant business through a simplified incorporation-type company split and transferred it to the newly established 八洲電子ソリューションズ㈱.」
It was confirmed that 八洲電子ソリューションズ㈱, established through the company split, was included in the scope of consolidation from the current quarter. - FY2016First statedAnnual report
「At a meeting of the Board of Directors held on 1 April 2016, we resolved to spin off part of our electronic devices and components business through a simplified incorporation-type company split and transfer the business to the newly established 八洲電子ソリューションズ㈱, and implemented the transaction on the same day.」
The company split and establishment of the new company were carried out on 1 April 2016.