Toray Industries (3402) · InitiativeAchieved
Addressing the expansion of the LIB separator business through the absorption merger of 東レBSF
First written in FY2017-Q3. 1 of 2 entries say "Achieved", first in FY2017. Latest entry: FY2017.
2entries
1years
0from disclosures
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Creating Synergies through Integration and Collaboration among Group CompaniesA theme 218 companies write about · 0 as a headwind · 231 as a tailwind
9 other companies' latest entry also says "Achieved".
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Showing 14 of the 188 companies compared. The sentences above are computed from all 188.Comparing 200 of the theme's 231 threads.Full recordFilings, disclosures and news, newest first
- FY2017AchievedAnnual report
「At a meeting of its Board of Directors held on 19 December 2016, the company resolved to absorb Toray Battery Separator Film Co., Ltd., a consolidated subsidiary wholly owned by the company, entered into a merger agreement on the same date, and completed the absorption merger effective 1 April 2017.」
The absorption merger of Toray BSF was completed effective 1 April 2017, completing the measures to strengthen the organizational foundation of the LIB separator business. - FY2017-Q3First statedAnnual report
「Based on this assessment, the company decided to absorb Toray BSF in order to strengthen the organizational foundation needed to respond appropriately to the future expansion of the LIB separator business. Merger date (effective date): 1 April 2017 (scheduled)」
The company announced plans to absorb Toray BSF, a subsidiary that manufactures and sells LIB separators, effective 1 April 2017, to respond to the expansion and advancement of the LIB market, including automotive applications.