Share exchange and management integration with 大地を守る会
First written in FY2017-Q3. 1 of 3 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2018-Q2.
No other company in this theme has enough history to compare yet.
- FY2018-Q2AchievedAnnual report
「At a meeting of the Company’s Board of Directors held on 25 May 2017, the Company resolved to absorb and merge its wholly owned subsidiary, 株式会社大地を守る会, with 1 October 2017 as the effective date, and entered into a merger agreement dated the same day. The merger agreement was approved at the 20th Annual General Meeting of Shareholders held on 20 June 2017.」
Regarding the absorption-type merger, for which the contract had been executed and shareholder approval obtained in the previous quarter, additional information states that the merger was completed on 1 October 2017. The Company explains that temporary costs, including head office relocation expenses, and higher amortization of goodwill also arose in connection with the management integration. - FY2018-Q1AdvancedAnnual report
「Against this backdrop, the Company made 株式会社大地を守る会 a subsidiary through a share exchange with 31 March 2017 as the effective date. At a meeting of the Company’s Board of Directors held on 25 May 2017, the Company resolved to absorb and merge its wholly owned subsidiary, 株式会社大地を守る会, with 1 October 2017 as the effective date, and entered into a merger agreement dated the same day. The merger agreement was approved at the 20th Annual General Meeting of Shareholders held on 20 June 2017.」
The share exchange making 大地を守る会 a subsidiary was completed on 31 March 2017. Subsequently, a merger agreement with 1 October 2017 as the effective date was executed, and procedures toward management integration progressed following approval at the Annual General Meeting of Shareholders. - FY2017-Q3First statedAnnual report
「At a meeting of the Company’s Board of Directors held on 22 December 2016, the Company resolved to make 株式会社大地を守る会 a wholly owned subsidiary through a share exchange, with 31 March 2017 as the effective date, as part of management integration through a merger targeted for autumn 2017, and entered into a share exchange agreement dated 22 December 2016.」
The Company entered into a share exchange agreement to make 大地を守る会 a wholly owned subsidiary, with 31 March 2017 scheduled as the effective date. Following the share exchange, it aims to achieve management integration through a merger around autumn 2017. The share exchange ratio is 261 shares of the Company’s common stock for each share of 大地を守る会’s common stock, with 2,026,665 shares scheduled to be issued. The Company explains that the plan is to combine the resources of both companies to expand the market and promote contributions to a better society through food.