Making 三友テクノロジー株式会社 a Subsidiary
First written in FY2022. 2 of 4 entries say "Cited as achieved", first in FY2023-Q2. Latest entry: FY2023-Q3.
The whole theme swung hardest in 2023: 1 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Cited as achieved".
- FY2023-Q3Cited as achievedAnnual report
「As we acquired all shares of 三友テクノロジー株式会社 during the first-quarter consolidated accounting period, the company has been included in the scope of consolidation.」
The company reconfirmed the acquisition of all shares of 三友テクノロジー and its inclusion as a consolidated subsidiary. Segment assets of the IT Solutions business increased by ¥363.598 million from the end of the previous consolidated fiscal year, while goodwill increased by ¥148.255 million. - FY2023-Q2Cited as achievedAnnual report
「As we acquired all shares of 三友テクノロジー株式会社 during the first-quarter consolidated accounting period, the company has been included in the scope of consolidation.」
The company reconfirmed the acquisition of all shares of 三友テクノロジー and its inclusion as a consolidated subsidiary from the current quarter, together with the recognition of goodwill. - FY2023-Q1AchievedAnnual report
「We concluded that adding 三友テクノロジー’s technology and development capabilities would generate business synergies along two axes: strengthening engineering functions by securing IT and DX engineering capacity and expanding the customer base in specialized fields, and improving efficiency by raising value-added engineering-hour rates and indirect productivity. We determined that this would lead to stronger execution of a business strategy focused on markets and customers, and made 三友テクノロジー a subsidiary.」
On 8 July 2022, the company acquired 100% of 三友テクノロジー’s voting rights for ¥220 million in cash and made it a consolidated subsidiary from the current quarter. Goodwill of ¥159.659 million was recognized in connection with the acquisition. - FY2022First statedAnnual report
「We concluded that adding 三友テクノロジー’s technology and development capabilities would generate business synergies along two axes: strengthening engineering functions by securing IT and DX engineering capacity and expanding the customer base in specialized fields, and improving efficiency by raising value-added engineering-hour rates and indirect productivity. We determined that this would lead to stronger execution of a business strategy focused on markets and customers, and resolved to make 三友テクノロジー a subsidiary.」
The company acquired 100% of 三友テクノロジー’s voting rights on 8 July 2022. The transaction was first disclosed as a business combination aimed at strengthening IT and DX engineering capacity, the customer base in specialized fields, and engineering-hour rates and indirect productivity.