Tomoegawa (3878) · InitiativeRestated
Strengthening Sales in the Chinese Market Through the Acquisition of a Toner Sales Business in China
First written in FY2019-Q1. 1 of 2 entries say "Restated". Latest entry: FY2019.
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Strengthening the Sales Platform Through the Acquisition of a Toner Sales Business in ChinaA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2019RestatedAnnual report
「TOMOEGAWA HONG KONG CO., LTD., the Company's consolidated subsidiary, acquired a toner sales business in China from ABICO (H.K.) INTERNATIONAL HOLDING CO., LTD. on 1 April 2018.」
The acquisition of the Chinese toner sales business was included in the full-year consolidated financial statements, with the performance period of the acquired business and goodwill disclosed. - FY2019-Q1First statedAnnual report
「TOMOEGAWA HONG KONG CO., LTD., the Company's consolidated subsidiary, acquired a toner sales business in China from ABICO (H.K.) INTERNATIONAL HOLDING CO., LTD. on 1 April 2018. The purpose was to strengthen sales in the Chinese market and further improve customer service.」
The Company acquired a toner sales business in China on 1 April 2018. Strengthening sales in the Chinese market and further improving customer service were cited as the main reasons for the business combination.