Tender Offer to Make Full Speed Inc. a Wholly Owned Subsidiary
First written in FY2022. 1 of 3 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2023-Q2.
9 other companies' latest entry also says "Achieved".
- FY2023-Q2AchievedAnnual report
「The tender offer period ended on 30 May 2022. As a result of the Company’s acquisition of 4,522,514 common shares of フルスピード on 3 June 2022, its voting rights ratio increased to 86.68%. フルスピード became a wholly owned subsidiary of the Company effective 1 November 2022.」
Following the share consolidation and acquisition of fractional shares after the tender offer, フルスピード became a wholly owned subsidiary on 1 November 2022. - FY2023-Q1AdvancedAnnual report
「The tender offer period ended on 30 May 2022. As a result of the Company’s acquisition of 4,522,514 common shares of フルスピード on 3 June 2022, its voting rights ratio increased to 86.68%.」
The tender offer for shares of フルスピード was completed, and the Company additionally acquired 4,522,514 shares on 3 June 2022, increasing its voting rights ratio from 57.41% to 86.68%. Making the company a wholly owned subsidiary through a share consolidation and acquisition of fractional shares remained at the planned stage. - FY2022First statedAnnual report
「At a Board of Directors meeting held on 11 April 2022, the Company resolved to acquire common shares of its consolidated subsidiary 株式会社フルスピード through a tender offer under the Financial Instruments and Exchange Act, and conducted the tender offer from 12 April 2022 through 30 May 2022.」
The Company acquired 4,522,514 shares of フルスピード at ¥551 per share, for a total of ¥2,491.905 million, increasing its ownership ratio from 57.41% to 86.68%. After making the company a wholly owned subsidiary, the Company plans to advance group-wide DX and data integration, redesign the business model, and optimize personnel and back-office functions.