Transition to a pure holding company structure through a share transfer involving iPet Insurance
First written in FY2021-Q1. 1 of 3 entries say "Achieved", first in FY2021-Q2. Latest entry: FY2021-Q3.
No other company in this theme has enough history to compare yet.
- FY2021-Q3Cited as achievedAnnual report
「From the third quarter of the consolidated fiscal year, we established IPET Holdings as the wholly owning parent company of our consolidated subsidiary IPET Insurance through a share transfer conducted solely by IPET Insurance and transitioned to a holding company structure.」
The establishment of IPET Holdings and the transition to a holding company structure are reiterated as major changes among affiliated companies during the quarter. - FY2021-Q2AchievedAnnual report
「Our consolidated subsidiary IPET Insurance Co., Ltd. established IPET Holdings Co., Ltd. on 1 October 2020 through a share transfer conducted solely by IPET Insurance, making it the pure holding company and wholly owning parent company of IPET Insurance, and listed it on the Tokyo Stock Exchange Mothers market.」
The transition to a pure holding company structure and the listing, scheduled for 1 October 2020, were completed, and IPET Holdings was established and listed. - FY2021-Q1First statedAnnual report
「We resolved to establish IPET Holdings Co., Ltd., a pure holding company and wholly owning parent company, through a share transfer conducted solely by IPET Insurance Co., Ltd., effective 1 October 2020 (the “Share Transfer”).」
The company decided to establish a pure holding company with IPET Insurance as its wholly owned subsidiary on 1 October 2020 and to list the holding company on the same day. The share transfer ratio was 1:1, and 10,796,994 shares were scheduled to be issued.