Acquisition of Mitsui Chemicals' phenolic resin business for friction materials
First written in FY2018. 2 of 5 entries say "Achieved", first in FY2019-Q1. Latest entry: FY2019.
No other company in this theme has enough history to compare yet.
- FY2019Cited as achievedAnnual report
「Business combination date 1 July 2018 ④ Legal form of the business combination Business transfer Consideration for acquisition Cash ¥987 million Acquisition cost ¥987 million」
The acquisition of the phenolic resin business for friction materials from Mitsui Chemicals,Inc. had been completed, and the company again states that it recognized an acquisition cost of ¥987 million and ¥740 million of goodwill. - FY2019-Q3Cited as achievedAnnual report
「In the chemicals business, goodwill was recognized in connection with a business acquisition. The increase in goodwill arising from this transaction was ¥740 million for the cumulative third quarter of the consolidated fiscal year.」
The completed acquisition of the phenolic resin business for friction materials from Mitsui Chemicals,Inc. and the recognition of ¥740 million in goodwill are stated again. - FY2019-Q2AchievedAnnual report
「Business combination date 1 July 2018 ④ Legal form of the business combination Business transfer (3) Acquisition cost of the acquired company and breakdown by type of consideration Consideration for acquisition Cash ¥987 million Acquisition cost ¥987 million (4) Amount, reason, amortization method and amortization period of goodwill recognized ① Amount of goodwill recognized ¥740 million」
The acquisition of the phenolic resin business for friction materials from Mitsui Chemicals,Inc. was completed on 1 July 2018, with an acquisition cost of ¥987 million and ¥740 million of goodwill recognized. - FY2019-Q1AchievedAnnual report
「Business combination date 1 July 2018 ④ Legal form of the business combination Business transfer (2) Acquisition cost of the acquired company and breakdown by type of consideration Consideration for acquisition Cash ¥740 million Acquisition cost ¥740 million」
For the acquisition of the phenolic resin business for friction materials from Mitsui Chemicals,Inc., the business combination date is stated as 1 July 2018, the legal form as a business transfer, and the acquisition cost as ¥740 million. - FY2018First statedAnnual report
「At a meeting of the Board of Directors held on 19 February 2018, the company resolved to acquire from Mitsui Chemicals,Inc. the business relating to phenolic resins for friction materials, including brake applications, and concluded a business transfer agreement with Mitsui Chemicals,Inc. on 1 March 2018.」
The company resolved to acquire and contracted to acquire a phenolic resin business for friction materials positioned as an adjacent technology to its existing businesses. The business combination date was scheduled for 1 July 2018, with an acquisition cost of ¥740 million.