Acquisition of 33.00% of Mitsubishi Paper Mills' voting rights
First written in FY2018-Q3. 2 of 5 entries say "Cited as achieved", first in FY2020-Q1. Latest entry: FY2020-Q3.
2 other companies' latest entry also says "Cited as achieved".
- FY2020-Q3Cited as achievedAnnual report
「After obtaining approvals from competition authorities in Japan and overseas, the Company completed on 29 March 2019 the payment for the issuance of new shares through a third-party allotment by Mitsubishi Paper Mills Limited and the acquisition of shares in the company from its shareholders. As a result, the Group's voting rights ratio in the company became 33.00%, and the company became an equity-method affiliate of the Company.」
Reaffirming the acquisition of 33.00% of Mitsubishi Paper Mills' voting rights, the completion of regulatory approvals and its conversion into an equity-method affiliate as past achievements. - FY2020-Q1Cited as achievedAnnual report
「As a result, the Group's voting rights ratio in the company became 33.00%, and the company became an equity-method affiliate of the Company.」
Cites the acquisition of a 33.00% voting rights ratio in Mitsubishi Paper Mills and its conversion into an equity-method affiliate as past achievements. - FY2019AchievedAnnual report
「As a result, the Group's voting rights ratio in the company became 33.00%, and the company became an equity-method affiliate of the Company.」
The planned acquisition of 33.00% of Mitsubishi Paper Mills' voting rights was completed, and the company became an equity-method affiliate. - FY2019-Q3AdvancedAnnual report
「Execution of the alliance is conditional on obtaining approvals from competition authorities in Japan and overseas, among other conditions. On 25 December 2018, the Company obtained clearance from the Japan Fair Trade Commission for the filing relating to the alliance.」
Procedural progress was made toward satisfying the conditions for executing the alliance, including the acquisition of voting rights in Mitsubishi Paper Mills, through obtaining clearance from the Japan Fair Trade Commission. - FY2018-Q3First statedAnnual report
「Through execution of the alliance, the Company plans to own shares representing 33.00% of Mitsubishi Paper Mills' total voting rights. Implementation of the alliance is conditional on the filing under the Financial Instruments and Exchange Act taking effect and on obtaining approvals from competition authorities in Japan and overseas, among other conditions.」
Indicates plans to acquire 33.00% of total voting rights in Mitsubishi Paper Mills to make it an equity-method affiliate. The share transfer was scheduled to take place from July 2018 to December 2019, subject to filings and approvals from competition authorities, among other conditions.