Management integration through a share exchange with Value Design
First written in FY2022-Q1. 1 of 3 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2022-Q3.
No other company in this theme has enough history to compare yet.
- FY2022-Q3AchievedAnnual report
「The share exchange was approved by resolutions at extraordinary general meetings of shareholders held by both companies on 27 April 2022. As of its effective date, 1 June 2022, バリューデザイン became a wholly owned subsidiary of the Company.」
The process moved beyond the execution of the basic agreement and share exchange agreement, and the business integration and conversion of バリューデザイン into a wholly owned subsidiary were completed on 1 June 2022 following approval at extraordinary general meetings of shareholders. - FY2022-Q2AdvancedAnnual report
「The purpose of this business integration, announced by both companies on 12 October 2021 as part of their business alliance policy, is to accelerate implementation of that policy by integrating the cashless services businesses operated separately by the two companies and capitalizing on economies of scale.」
Following the basic agreement on the business integration with バリューデザイン, the companies entered into a share exchange agreement and a business integration agreement and proceeded to the specific steps for integrating their cashless services businesses. The share exchange ratio is 1 share of the Company to 3.2 shares of バリューデザイン, with 3,698,323 shares scheduled to be delivered. - FY2022-Q1First statedAnnual report
「The purpose of this business integration, announced by both companies on 12 October 2021 as part of their business alliance policy, is to accelerate implementation of that policy by integrating the cashless services businesses operated separately by the two companies and capitalizing on economies of scale.」
The companies entered into a basic agreement on 14 January 2022. The share exchange ratio is 1 share of the Company to 3.2 shares of バリューデザイン, with 3,698,323 shares scheduled to be delivered. The definitive agreement is scheduled to be signed in March 2022, and the effective date of the share exchange is scheduled for 1 June 2022.