Rengo (3941) · InitiativeRestated
Entry into the Kraft Pulp and Kraft Paper Businesses Through Making 大興製紙 a Wholly Owned Subsidiary
First written in FY2022-Q2. 1 of 2 entries say "Restated". Latest entry: FY2022-Q3.
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Entry into the Kraft Pulp and Kraft Paper Businesses Through Making 大興製紙 a Wholly Owned SubsidiaryA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2022-Q3RestatedAnnual report
「Daiko Seishi Co., Ltd. has been included in the scope of consolidation from the current second-quarter consolidated accounting period because the Company subscribed for all of the shares offered in Daiko Seishi’s third-party allotment.」
Daiko Seishi became a consolidated subsidiary through the Company’s subscription for all shares issued in its third-party allotment, which was confirmed as a change in the scope of consolidation in the current third quarter. - FY2022-Q2First statedAnnual report
「In September, the Company made Daiko Seishi Co., Ltd. (Fuji, Shizuoka) a wholly owned subsidiary and entered the manufacturing and sales businesses for kraft pulp and kraft paper, following its support for the company’s business revitalization.」
Daiko Seishi was made a wholly owned subsidiary, marking the Company’s entry into the new business area of manufacturing and selling kraft pulp and kraft paper.