Restructuring of the supermarket business through an absorption-type company split
First written in FY2019. 2 of 4 entries say "Achieved", first in FY2020-Q3. Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020AchievedAnnual report
「The company transitioned to a holding company structure effective 1 February 2020. Through a company split, its supermarket business and processing and logistics center business were transferred to its consolidated subsidiary, Japan Meat Split Preparation Company. The company changed its name to JM HOLDINGS CO.,LTD., while Japan Meat Split Preparation Company changed its name to 株式会社ジャパンミート.」
Following execution of the company split agreement and approval at the general meeting of shareholders, the transition to a holding company structure, transfer of the businesses and changes to the company names were completed effective 1 February 2020. - FY2020-Q3AchievedAnnual report
「The company transitioned to a holding company structure effective 1 February 2020. Through a company split, its supermarket business and processing and logistics center business were transferred to its consolidated subsidiary, Japan Meat Split Preparation Company. The company changed its name to JM HOLDINGS CO.,LTD., while Japan Meat Split Preparation Company changed its name to 株式会社ジャパンミート.」
Following execution of the absorption-type company split agreement and approval at the general meeting of shareholders, the transition to a holding company structure, transfer of the businesses and changes to the names of both companies were completed effective 1 February 2020. - FY2020-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 17 September 2019, the company resolved to transition to a holding company structure through a company split, with Japan Meat Split Preparation Company, a wholly owned subsidiary newly established on the same day, as the successor company and 1 February 2020 as the scheduled effective date. The relevant proposals concerning this company split were approved at the company’s 41st Annual General Meeting of Shareholders held on 21 October 2019. Through the transition to a holding company structure, the company will clearly separate and strengthen its management and execution functions. Under an enhanced corporate governance structure, the holding company will formulate the Group’s management strategies and make decisions on the allocation of management resources, while the operating companies will further enhance the Group’s competitiveness and efficiency through rapid execution based on the Group’s management strategies, with the aim of increasing corporate value across the Group.」
Following the execution of the absorption-type company split agreement in September 2019, the transaction was approved at the general meeting of shareholders on 21 October 2019. The transition to a holding company structure, separating management and execution functions, was formalized with 1 February 2020 as the effective date. - FY2019First statedAnnual report
「Based on a resolution adopted at a meeting of the Board of Directors held on 17 September 2019, the company entered into an absorption-type company split agreement dated 20 September 2019 with Japan Meat Split Preparation Company, a wholly owned subsidiary newly established by the company on the same day.」
In September 2019, the company entered into an absorption-type company split agreement with its wholly owned split preparation subsidiary.