Expansion of the environmental and recycling business through the acquisition of a 70% stake in Japanese company トーエイホールディングス
First written in FY2023. 4 of 7 entries say "Advanced", first in FY2024-Q1. Latest entry: 2026-05-14.
0 other companies' latest entry also says "Cited as achieved".
- 2026-05-14Cited as achievedEarnings
「In May 2025, the company acquired additional shares of its consolidated subsidiary Toei Co., Ltd., making it a wholly owned subsidiary.」
The financial results confirm that Toei Co., Ltd. became a wholly owned subsidiary after the additional acquisition. - FY2026-H1AdvancedAnnual report
「During the interim consolidated accounting period, the Company additionally acquired shares of トーエイ株式会社, making it a wholly owned subsidiary.」
Japanese company トーエイ株式会社, a subsidiary of Japanese company トーエイホールディングス, was made a wholly owned subsidiary through the additional acquisition of shares from non-controlling shareholders. - FY2025AdvancedAnnual report
「At a meeting of the Board of Directors held on 15 May 2025, the company resolved to acquire additional shares in its consolidated subsidiary Japanese company トーエイ株式会社 and make it a wholly owned subsidiary. It became a wholly owned subsidiary on 30 May 2025.」
The company acquired additional shares in Japanese company トーエイ株式会社, in which it previously held a 70% stake, from non-controlling shareholders and made it a wholly owned subsidiary on 30 May 2025. - FY2024-Q3RestatedAnnual report
「In the resource reuse field, revenue increased substantially, partly because the newly consolidated subsidiary Japanese company トーエイ株式会社 began contributing to revenue from the second quarter.」
Japanese company トーエイ株式会社’s revenue contribution following its consolidation continued into the third quarter, contributing to higher revenue in the resource reuse field. - FY2024-Q2AdvancedAnnual report
「In the resource reuse field, revenue increased substantially, partly because the newly consolidated subsidiary Japanese company トーエイ株式会社 began contributing to revenue from the second quarter.」
Following the acquisition of Japanese company トーエイホールディングス, its subsidiary Japanese company トーエイ株式会社 reached the stage of contributing to revenue in the resource reuse field from the second quarter. - FY2024-Q1AdvancedAnnual report
「Beginning with the first quarter of the current consolidated accounting period, Japanese company トーエイホールディングス, whose shares were newly acquired, and its subsidiary Japanese company トーエイ株式会社 were included in the scope of consolidation.」
Japanese companies トーエイホールディングス and トーエイ were included in the scope of consolidation for the first time following their acquisition. Goodwill of ¥1,917 million arising from the acquisition was provisionally calculated, and only their balance sheets were consolidated for the current quarter. - FY2023AchievedAnnual report
「Through this capital participation, we expect further development of the environmental and recycling business centered on the company, synergies with our resource reuse business, and further expansion of both companies’ business domains through the integration of their respective management resources.」
The company acquired a 70% stake in Japanese company トーエイホールディングス for an acquisition price of ¥2,826 million and completed the capital participation aimed at expanding the environmental and recycling business and generating synergies with its resource reuse business.