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No.1 (3562) · InitiativeAdvanced

Making 株式会社アレクソン a subsidiary through acquisition and share exchange

First written in FY2020. 6 of 9 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2025-Q1.

9entries
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ProgressHeldSoftenedWorseAdvancedFY2021-Q1 – FY2024-Q1RestatedFY2024-Q22020: 320202021: 220212022: 120222023: 220232024: 12024
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  1. FY2025-Q1AdvancedAnnual report

    「The contingent consideration was contractually payable in connection with the acquisition of 株式会社アレクソン on 31 July 2020 upon the occurrence of certain events after the acquisition, in accordance with the share transfer agreement. During the first quarter of the consolidated fiscal year, as an additional payment of the acquisition consideration became certain, the company additionally recognized the consideration payable as part of the acquisition cost and additionally recognized goodwill. The additional goodwill was calculated on the assumption that it had been recognized at the time of the business combination. 1. Additional acquisition cost recognized: ¥16.720 million」

    As an additional payment of contingent consideration for the acquisition of アレクソン became certain, the company additionally recognized ¥16.720 million as acquisition cost and goodwill.
  2. FY2024-Q2RestatedAnnual report

    「The contingent consideration was contractually payable in connection with the acquisition of 株式会社アレクソン on 31 July 2020 upon the occurrence of certain events after the acquisition, in accordance with the share transfer agreement. During the first quarter of the consolidated fiscal year, as an additional payment of the acquisition consideration became certain, the company additionally recognized the consideration payable as part of the acquisition cost and additionally recognized goodwill.」

    The company reiterates the accounting treatment for the contingent consideration related to the acquisition of アレクソン and the additional recognition of ¥108.650 million.
  3. FY2024-Q1AdvancedAnnual report

    「The contingent consideration was contractually payable in connection with the acquisition of 株式会社アレクソン on 31 July 2020 upon the occurrence of certain events after the acquisition, in accordance with the share transfer agreement. During the first quarter of the consolidated fiscal year, as an additional payment of the acquisition consideration became certain, the company additionally recognized the consideration payable as part of the acquisition cost and additionally recognized goodwill. The additional goodwill was calculated on the assumption that it had been recognized at the time of the business combination. 1. Additional acquisition cost recognized: ¥108.650 million」

    As an additional payment of contingent consideration for the acquisition of アレクソン became certain, the company additionally recognized ¥108.650 million as acquisition cost and goodwill.
  4. FY2023-Q1AdvancedAnnual report

    「During the first quarter of the consolidated fiscal year, as an additional payment of the acquisition consideration became certain, the company additionally recognized the consideration payable as part of the acquisition cost and additionally recognized goodwill. The additional goodwill was calculated on the assumption that it had been recognized at the time of the business combination. 1. Additional acquisition cost recognized: ¥66.390 million」

    As an additional payment related to the acquisition of アレクソン became certain, the company additionally recognized ¥66.390 million as acquisition cost and goodwill.
  5. FY2022-Q2AdvancedAnnual report

    「As an additional payment of the acquisition consideration became certain, the company additionally recognized the consideration payable as part of the acquisition cost and additionally recognized goodwill. The additional goodwill was calculated on the assumption that it had been recognized at the time of the business combination. Additional acquisition cost recognized: ¥23.618 million」

    As an additional payment of contingent consideration for the acquisition of アレクソン became certain, the company additionally recognized ¥23.618 million as acquisition cost and goodwill.
  6. FY2022-Q1AdvancedAnnual report

    「Sales of information security products also remained strong at consolidated subsidiary アレクソン, and we continued to realize synergies by expanding sales of products jointly developed by both companies through our No. 1 sales channel.」

    The company states that it continued to realize synergies after making アレクソン a subsidiary through strong sales of its information-security products and the expanded sales of jointly developed products.
  7. FY2021-Q2AchievedAnnual report

    「On 31 July 2020, the company acquired 98.73% of the issued shares of 株式会社アレクソン and made it a consolidated subsidiary. On 1 September 2020, the company carried out a share exchange under which it became the wholly owning parent company in the share exchange and 株式会社アレクソン became the wholly owned subsidiary.」

    The company acquired 98.73% of アレクソン on 31 July 2020 and made it a consolidated subsidiary, then carried out procedures to raise its voting-rights ratio to 100% through the share exchange on 1 September.
  8. FY2021-Q1AdvancedAnnual report

    「At a Board of Directors meeting held on 26 May 2020, the company resolved to acquire shares in 株式会社アレクソン and subsequently carry out a share exchange under which the company would become the wholly owning parent company in the share exchange and 株式会社アレクソン would become the wholly owned subsidiary. On the same date, the company entered into a share transfer agreement and a share exchange agreement with the shareholders of 株式会社アレクソン and with 株式会社アレクソン.」

    The company passed Board of Directors resolutions concerning the acquisition and share exchange involving アレクソン and entered into a share transfer agreement and a share exchange agreement. Procedures toward the scheduled implementation of the acquisition and share exchange are progressing.
  9. FY2020First statedAnnual report

    「The acquisition of the shares is scheduled to take place on 31 July 2020, and the effective date of the share exchange is scheduled for 1 September 2020. The share exchange is scheduled to be carried out through a simplified share-exchange procedure that does not require shareholder approval under Article 796, Paragraph 3 of the Companies Act.」

    The company describes its plan to acquire shares in 株式会社アレクソン, which plans, develops, manufactures and sells network and information-security equipment, on 31 July 2020, carry out a share exchange on 1 September 2020, and achieve a 100% voting-rights ratio after the acquisition. The consideration is scheduled to comprise cash of ¥2,221.304 million and 28,315 common shares issued through the share exchange.
Moved together

"Policy of Prioritizing Retained Earnings and Upfront Investment, with No Dividends" moved the same way as this thread, in the same document, in 7 of its 9 moves.

733333★123456
  1. ★This thread
  2. 1Policy of Prioritizing Retained Earnings and Upfront Investment, with No Dividends7×
  3. 2Stabilizing the Operating Foundation and Achieving Sustained Growth3×
  4. 3Strengthening the Recurring-Revenue Business3×
  5. 4Strengthening Information Security Products and Solutions3×
  6. 5Sales and Profit Growth Record3×
  7. 6Entry into Cloud-Based Services, IaaS and Managed Services3×

★ 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.

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Making 株式会社アレクソン a subsidiary through acquisition and share exchange | No.1 Co.,Ltd (3562) | Komori