Komori
Sanno (3441) · InitiativeRestated

Selective Concentration of Management Resources Through the Transfer of Equity Interests in a Chinese Subsidiary

First written in FY2020. 2 of 5 entries say "Restated". Latest entry: FY2021.

5entries
2years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseSoftenedFY2021-Q1AchievedFY2021-Q2RestatedFY2021-Q3 – FY20212020: 220202021: 32021
Same theme, other companies
Removal from the Scope of Consolidation Through the Transfer of Shares in a SubsidiaryA theme 307 companies write about · 44 as a headwind · 217 as a tailwind

32 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 156 companies compared. The sentences above are computed from all 156.Comparing 200 of the theme's 389 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2021RestatedAnnual report

    「The transfer of the equity interests was completed on 28 December 2020, and 山王電子 was excluded from the company's consolidated subsidiaries from the second quarter onward.」

    The transfer of all equity interests in 山王電子(無錫)有限公司 and its exclusion from consolidation have been reconfirmed as a completed business separation.
  2. FY2021-Q3RestatedAnnual report

    「During the second quarter accounting period, all equity interests in 山王電子(無錫)有限公司 were transferred, and the company was therefore excluded from the scope of consolidation.」

    The transfer of all equity interests in 山王電子(無錫)有限公司 and its exclusion from the scope of consolidation have been confirmed as a completed business separation this quarter as well.
  3. FY2021-Q2AchievedAnnual report

    「During the second quarter of the current consolidated fiscal period, all equity interests in 山王電子(無錫)有限公司 were transferred, and the company was therefore excluded from the scope of consolidation. Business separation date: 28 December 2020」

    The transfer of all equity interests in 山王電子(無錫)有限公司, which was approved and contracted in the previous fiscal year with completion scheduled for a later date, was completed on 28 December 2020, and the company was excluded from the scope of consolidation.
  4. FY2021-Q1SoftenedAnnual report

    「Business separation date: December 2020 (scheduled)」

    The transfer of the equity interests in the Chinese subsidiary remained at the planning stage, and the scheduled timing changed from November 2020 to December 2020.
  5. FY2020First statedAnnual report

    「At a board meeting held on 14 July 2020, the Company resolved to transfer all equity interests in its consolidated subsidiary Sanno Denshi (Wuxi) Co., Ltd. to Wuxi Teheng Technology Co., Ltd. of the People's Republic of China, and entered into an agreement on the same day. The transfer is scheduled to be completed in November 2020, but is subject to approval and authorization by the Chinese government and has not been finalized as of this date.」

    The company has entered into an agreement to transfer all equity interests in 山王電子(無錫)有限公司, with completion scheduled for November 2020. However, the transaction is subject to approval by the Chinese authorities and had not been finalized as of the filing date.
Moved together

"Production adjustments and declining orders in the smartphone and other IT equipment market" moved the same way as this thread, in the same document, in 2 of its 5 moves.

2★1
  1. ★This thread
  2. 1Production adjustments and declining orders in the smartphone and other IT equipment market2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Sanno yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Selective Concentration of Management Resources Through the Transfer of Equity Interests in a Chinese Subsidiary | SANNO Co.,Ltd. (3441) | Komori