Consolidating Management Resources and Improving Operational Efficiency through the Absorption-Type Merger of KASUMIC
First written in FY2021. 3 of 6 entries say "Cited as achieved", first in FY2023-Q1. Latest entry: FY2023.
17 other companies' latest entry also says "Cited as achieved".
- FY2023Cited as achievedAnnual report
「株式会社ＫＡＳＵＭＩＣ, which was a consolidated subsidiary in the previous consolidated fiscal year, was dissolved on 1 October 2022 through an absorption merger in which the Company was the surviving entity.」
The completion of the absorption merger of KASUMIC and its exclusion from the consolidated subsidiaries for the current period are described as past events. - FY2023-Q3Cited as achievedAnnual report
「The Company absorbed its former consolidated subsidiary, 株式会社ＫＡＳＵＭＩＣ, on 1 October 2022. The absorption merger did not result in any changes to the nature of the businesses comprising the respective segments.」
The completed absorption merger of KASUMIC is described as a past event, with no changes to the business activities during the current quarter. - FY2023-Q1Cited as achievedAnnual report
「The Company absorbed its former consolidated subsidiary, 株式会社ＫＡＳＵＭＩＣ, on 1 October 2022. The absorption merger did not result in any changes to the nature of the businesses comprising the respective segments.」
The absorption merger of KASUMIC was completed on 1 October 2022 and is described as a change in the business activities and scope of consolidation for the current quarter. - FY2022AchievedAnnual report
「At a meeting of the Board of Directors held on 18 November 2021, the Company resolved to absorb its consolidated subsidiary, 株式会社ＫＡＳＵＭＩＣ, and completed the merger on 1 October 2022.」
The absorption merger of KASUMIC was completed on 1 October 2022, completing the plan to consolidate management resources and improve operational efficiency. - FY2022-Q1AdvancedAnnual report
「On 18 November 2021, the Company entered into a merger agreement under which it would be the surviving company in an absorption-type merger and its wholly owned subsidiary KASUMIC, a real estate company, would be the absorbed company, with 1 October 2022 as the scheduled effective date.」
Regarding the absorption-type merger of KASUMIC described in the FY2021 annual report, the Company entered into a merger agreement on 18 November 2021. The scheduled effective date is 1 October 2022. - FY2021First statedAnnual report
「To expand its market share further, achieve sustainable improvements in corporate value and support the Group's growth, the Company decided to carry out an absorption-type merger of KASUMIC. The merger is expected to consolidate management resources, improve operating efficiency and generate further synergies.」
The Company planned an absorption-type merger of its wholly owned subsidiary KASUMIC, with 1 October 2022 as the effective date. The objectives were cross-functional coordination among business divisions, standardization of customer services, lower operating costs, faster decision-making and stronger governance.