Strategic partnership with Dexerials Corporation and formation of a Hong Kong joint venture
First written in FY2024-Q3. 1 of 3 entries say "Restated". Latest entry: FY2025-H1.
No other company in this theme has enough history to compare yet.
- FY2025-H1AchievedAnnual report
「The acquisition of shares under the 2 agreements was completed on 1 July 2024, and the company formed after Dexerials Hong Kong Limited became a joint venture became our consolidated subsidiary.」
Regarding the joint venture with Dexerials Corporation, the share acquisition was completed on 1 July 2024, and operations commenced as Restar Dexerials Hong Kong Limited, a consolidated subsidiary. - FY2024RestatedAnnual report
「At a meeting of the board of directors held on 5 February 2024, we resolved to enter into a share transfer agreement and shareholders' agreement with Dexerials Corporation for the purpose of forming Dexerials Hong Kong Limited as a joint venture, and entered into the agreements on the same date.」
The company reconfirmed as material agreements the plan to form a joint venture with Dexerials Corporation, acquire a scheduled 51% voting interest, expand chemical and materials-related products and automotive and photonics sales channels, and expand its business in Asia. - FY2024-Q3First statedAnnual report
「At a meeting of the board of directors held on 5 February 2024, we resolved to enter into a share transfer agreement and shareholders' agreement with Dexerials Corporation for the purpose of forming Dexerials Hong Kong Limited as a joint venture, and entered into the agreements on the same date. The voting interest after the acquisition will be 51.00%, and the scheduled business combination date is 1 July 2024. We will expand the product lineup of chemical products in the Devices business and strengthen marketing for the expansion of materials-related products. We will promote the development of sales channels in the automotive and photonics fields and create new business opportunities, while seeking to expand local business in Asia.」
To form a strategic partnership with Dexerials Corporation, an agreement was signed to acquire a 51% voting interest and form Dexerials Hong Kong Limited as a joint venture, scheduled for 1 July 2024. The objectives are to expand the product lineup of chemical and materials-related products, strengthen marketing, develop sales channels in the automotive and photonics fields, and expand local business in Asia.