Business selection and concentration through the transfer of the parking lot business
First written in FY2017-Q3. 2 of 4 entries say "Restated". Latest entry: FY2018-Q2.
No other company in this theme has enough history to compare yet.
- FY2018-Q2RestatedAnnual report
「To further focus on improving the performance of the motorcycle business as part of its business portfolio selection and focus strategy, the Company transferred its parking business to a newly established company through a company split (incorporation-type company split) on 30 November 2017, and then transferred all the shares it held to Meitetsu Kyosho Co., Ltd.」
It reconfirms the company split of the parking business and the transfer of the shares as the background to the move to a single-segment structure. - FY2018-Q1RestatedAnnual report
「On 30 November 2017, the company transferred the parking business it held to a newly established company through a company split (incorporation-type company split), and then transferred all shares it held in the new company to Meitetsu Kyosho Co., Ltd.」
It reconfirms that the company split of the parking business and the transfer of the shares were completed, as part of the explanation of the move to a single-segment structure. - FY2017AchievedAnnual report
「On 30 November 2017, the Company established the new company Park-O Co., Ltd. and transferred all the shares it held to Meitetsu Kyosho Co., Ltd.」
The company split of the parking business and the transfer of the shares to Meitetsu Kyosho Co., Ltd. were completed on 30 November 2017. - FY2017-Q3First statedAnnual report
「At a meeting of its Board of Directors held on 3 October 2017, the Company resolved to transfer the business it owns relating to parking operations to a newly established company through a company split (incorporation-type company split), and then transfer the shares of the newly established company to Meitetsu Kyosho Co., Ltd.」
The Company first disclosed a plan to transfer the parking business to a newly established company through an incorporation-type company split and then transfer its shares to Meitetsu Kyosho Co., Ltd. The business separation was scheduled for 30 November 2017, and was described as part of a selection and focus strategy to further concentrate on improving the performance of the motorcycle business.