Expansion of the imported and used-car businesses through the conversion of 株式会社エー・エル・シー into a wholly owned subsidiary
First written in FY2024-Q1. 1 of 2 entries say "Advanced", first in FY2024-Q2. Latest entry: FY2024-Q2.
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- FY2024-Q2AdvancedAnnual report
「株式会社エー・エル・シー operates 25 imported-car dealerships, mainly in Shizuoka, Kanagawa and Tokyo. In addition to expanding the brands handled by the Group and increasing the number of managed customers, we aim to achieve further growth for the Group by expanding its used-car operations through the use of the Company's expertise in used-car sales.」
The Company disclosed the acquisition on 20 February 2024 of 株式会社エー・エル・シー and its 4 subsidiaries, an acquisition cost of ¥6,199 million, a voting rights ratio of 100% and goodwill of ¥3,668 million. It has specified its policy of expanding its brands, managed customers and used-car operations based on the 25 imported-car dealerships, as well as including the companies in the scope of consolidation after the acquisition. - FY2024-Q1First statedAnnual report
「株式会社エー・エル・シー operates 25 imported-car dealerships, mainly in Shizuoka, Kanagawa and Tokyo. In addition to expanding the brands handled by the Group and increasing the number of managed customers, we aim to achieve further growth for the Group by expanding its used-car operations through the use of the Company's expertise in used-car sales.」
On 20 February 2024, the Company acquired all shares of 株式会社エー・エル・シー and its 4 subsidiaries, making them wholly owned subsidiaries. The acquisition cost was ¥6,199 million, and the purpose was to expand imported-car brands and the number of managed customers and to expand used-car operations by leveraging the Company's expertise in used-car sales.