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Tokushu Tokai Paper (3708) · InitiativeRestated

Expansion of the Resource Reuse Business Through the Acquisition of 株式会社駿河サービス工業 as a Subsidiary

First written in FY2020-Q3. 4 of 9 entries say "Restated". Latest entry: FY2024-Q1.

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ProgressHeldSoftenedWorseAchievedFY2020-Q3AdvancedFY2022-Q2RestatedFY2022 – FY2023-Q32020: 120202021: 220212022: 320222023: 32023
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  1. FY2024-Q1RestatedAnnual report

    「In the resource reuse field, the industrial waste treatment business performed steadily.」

    In the resource reuse field, including 駿河サービス工業 becoming a subsidiary, the industrial waste treatment business is performing steadily.
  2. FY2023AdvancedAnnual report

    「In the resource reuse field, revenue from the industrial waste treatment business exceeded the year-earlier period.」

    In the resource reuse field, including 駿河サービス工業, revenue from the industrial waste treatment business exceeded the year-earlier period.
  3. FY2023-Q3RestatedAnnual report

    「In the resource reuse field, the industrial waste treatment business performed steadily.」

    In the resource reuse field after 駿河サービス工業 became a subsidiary, the industrial waste treatment business is performing steadily.
  4. FY2023-Q2RestatedAnnual report

    「In the resource reuse field, 株式会社駿河サービス工業 performed steadily. In August 2021, it also absorbed and merged its unconsolidated subsidiary 湘南商事株式会社.」

    The steady performance of 駿河サービス工業 and the structure following the absorption merger of 湘南商事 in August 2021 continue to be described.
  5. FY2023-Q1RestatedAnnual report

    「In the resource reuse field, 株式会社駿河サービス工業 performed steadily. In August 2021, it absorbed and merged its unconsolidated subsidiary 湘南商事株式会社.」

    The steady performance of 駿河サービス工業 and the structure following the absorption merger of 湘南商事 continue to be described.
  6. FY2022Cited as achievedAnnual report

    「In the resource reuse field, profit increased due to steady performance by 株式会社駿河サービス工業, which became a subsidiary in the previous fiscal year to strengthen the recycling business, as well as cost reductions and other factors.」

    The resource reuse business performed steadily after Suruga Service Kogyo became a subsidiary, resulting in higher profit due to cost reductions and other factors.
  7. FY2022-Q2AdvancedAnnual report

    「In addition, the company absorbed and merged 湘南商事株式会社, a non-consolidated subsidiary, in August.」

    駿河サービス工業, which operates the resource reuse business, absorbed and merged 湘南商事株式会社, a non-consolidated subsidiary, in August.
  8. FY2022-Q1Cited as achievedAnnual report

    「In the resource reuse field, 株式会社駿河サービス工業, which became a subsidiary in the previous fiscal year to strengthen the recycling business, performed steadily.」

    The company stated that 駿河サービス工業, which became a subsidiary in the previous fiscal year, performed steadily, citing its operating performance in the resource reuse business.
  9. FY2020-Q3AchievedAnnual report

    「At a board of directors meeting held on 19 December 2019, the company resolved to acquire shares in 株式会社駿河サービス工業 (the "target company") and make it a subsidiary as described below. It entered into a share transfer agreement dated 21 December 2019, acquired the target company's shares on 17 January 2020, and made it a consolidated subsidiary.」

    To expand its environmental businesses, the company made 株式会社駿河サービス工業, which collects, transports and disposes of municipal and industrial waste, a consolidated subsidiary on 17 January 2020. The acquisition price was ¥1,797 million and the post-acquisition ownership interest was 100%. The company stated that it would promote the mutual use of resources and the recycling of waste within the group.
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Expansion of the Resource Reuse Business Through the Acquisition of 株式会社駿河サービス工業 as a Subsidiary | Tokushu Tokai Paper Co.,Ltd. (3708) | Komori