Bike O & Company (3377) · InitiativeAchieved
Making Toyo Motor International Co., Ltd. a wholly owned subsidiary
First written in FY2023-Q2. 1 of 2 entries say "Achieved", first in FY2023-Q3. Latest entry: FY2023-Q3.
2entries
1years
0from disclosures
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Same theme, other companies
Acquisition of the discontinued-motorcycle import and sales business through making 東洋モーターインターナショナル a wholly owned subsidiaryA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2023-Q3AchievedAnnual report
「Based on this resolution, we entered into a share transfer agreement on 12 July 2023 and acquired the shares on 31 July of the same year.」
For 株式会社東洋モーターインターナショナル, the Company proceeded from the previous quarter’s resolution to make it a wholly owned subsidiary and completed the share acquisition on 31 July 2023. - FY2023-Q2First statedAnnual report
「In addition, with the aim of meeting the needs of more customers, we resolved to acquire shares in 株式会社東洋モーターインターナショナル, which has one of the highest import volumes in Japan for discontinued motorcycle models, and make it a wholly owned subsidiary.」
The Company resolved to make 株式会社東洋モーターインターナショナル, which imports and sells discontinued motorcycle models, a wholly owned subsidiary. Subsequent events state that the share acquisition was scheduled for 31 July 2023 and that the acquisition would result in a 100% voting rights ratio.