Absorption-type merger of a subsidiary to improve group management efficiency and profitability
First written in FY2016. 7 of 10 entries say "Cited as achieved", first in FY2017-Q1. Latest entry: FY2019.
25 other companies' latest entry also says "Cited as achieved".
- FY2019Cited as achievedAnnual report
「Based on a resolution of the Board of Directors dated 19 February 2018, we absorbed and merged our wholly owned subsidiary 株式会社ジョイモント, effective 1 April 2018.」
The completed absorption-type merger of ジョイモント is cited in the annual business combination notes, including an overview of the business combination and the purpose of improving group management efficiency and profitability. - FY2019-Q3Cited as achievedAnnual report
「In the Manufacturing segment, mainly because 株式会社ジョイモント was merged into YAMAKI CO.,LTD. (Domestic Sales segment), revenue was ¥2,613 million, down 13.6% year on year, and segment profit was ¥46 million, up 237.1% year on year.」
The completed absorption-type merger of 株式会社ジョイモント continues to be cited as a factor affecting revenue and profit in the Manufacturing segment. - FY2019-Q2Cited as achievedAnnual report
「株式会社ジョイモント, formerly a consolidated subsidiary, was excluded from the scope of consolidation because it was absorbed and merged effective 1 April 2018, with our company as the surviving entity.」
The completed absorption-type merger of 株式会社ジョイモント is cited as a change in an affiliated company and as the basis for excluding it from the scope of consolidation for the current quarter. - FY2019-Q1AchievedAnnual report
「株式会社ジョイモント, formerly a consolidated subsidiary, was excluded from the scope of consolidation because it was absorbed and merged effective 1 April 2018, with our company as the surviving entity.」
The absorption-type merger of the wholly owned subsidiary 株式会社ジョイモント was carried out with 1 April 2018 as the effective date, and the company was excluded from the scope of consolidation. - FY2018AdvancedAnnual report
「At a meeting of the Board of Directors held on 19 February 2018, we resolved to absorb and merge 株式会社ジョイモント, a wholly owned company, effective 1 April 2018.」
Regarding the reorganisation of subsidiaries to improve group management efficiency and profitability, the absorption-type merger of 株式会社ジョイモント was approved and a specific implementation date was set. - FY2017Cited as achievedAnnual report
「In the Manufacturing segment, mainly because our company absorbed and merged 株式会社ジーアンド・ビー, a subsidiary, in December 2015, revenue was ¥4,100 million, down 15.7% year on year, and the segment recorded a loss of ¥64 million, compared with a loss of ¥66 million in the same period of the previous year.」
The completed absorption-type merger of ジーアンド・ビー is cited again as a factor affecting the Manufacturing segment's performance for the year. - FY2017-Q3Cited as achievedAnnual report
「In the Manufacturing segment, mainly because our company absorbed and merged 株式会社ジーアンド・ビー, a subsidiary, in December last year, revenue was ¥2,917 million, down 24.6% year on year, and the segment recorded a loss of ¥56 million, compared with a segment loss of ¥16 million in the same period of the previous year.」
The completed absorption-type merger of the subsidiary is cited again as a factor affecting the Manufacturing segment's performance. - FY2017-Q2Cited as achievedAnnual report
「In the Manufacturing segment, mainly because our company, which belonged to the Domestic Sales segment, absorbed and merged 株式会社ジーアンド・ビー, a subsidiary belonging to the Manufacturing segment, in December last year, revenue was ¥1,959 million, down 28.2% year on year, and the segment recorded a loss of ¥53 million, compared with a loss of ¥16 million in the same period of the previous year.」
The completed absorption-type merger of the subsidiary is cited again as a factor affecting the Manufacturing segment's performance. - FY2017-Q1Cited as achievedAnnual report
「In the Manufacturing segment, mainly because our company, which belonged to the Domestic Sales segment, absorbed and merged 株式会社ジーアンド・ビー, a subsidiary belonging to the Manufacturing segment, in December last year, revenue was ¥992 million, down 32.6% year on year, and the segment recorded a loss of ¥5 million, compared with profit of ¥6 million in the same period of the previous year.」
The completed absorption-type merger is cited as a factor affecting the Manufacturing segment's performance for the current quarter. - FY2016First statedAnnual report
「We have decided to absorb and merge 株式会社ジーアンド・ビー in order to improve the efficiency and profitability of group management.」
This states the fact that a wholly owned subsidiary was absorbed and merged on 1 December 2015 and explains the purpose of the merger.