Sanyo Chemical Industries (4471) · InitiativeAchieved
Integrated Operation of the Superabsorbent Polymer Business Through Making SDP Global a Wholly Owned Subsidiary
First written in FY2020-Q3. 1 of 2 entries say "Achieved", first in FY2021. Latest entry: FY2021.
2entries
2years
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Additional Acquisitions of Affiliate Shares and Expansion of the Consolidation ScopeA theme 141 companies write about · 0 as a headwind · 143 as a tailwind
43 other companies' latest entry also says "Achieved".
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Showing 14 of the 141 companies compared. The sentences above are computed from all 141.Full recordFilings, disclosures and news, newest first
- FY2021AchievedAnnual report
「February 2019 March 2020 Capital and business alliance with “ＡＰＢ㈱” (currently an equity-method affiliate), which develops new lithium-ion batteries. “ＳＤＰグローバル㈱” made a wholly owned subsidiary.」
The acquisition of an additional 30% interest in SDP Global and its conversion into a wholly owned subsidiary was completed in March 2020, and the company transitioned to integrated operation of the superabsorbent polymers business. - FY2020-Q3First statedAnnual report
「At an extraordinary meeting of the Board of Directors held on 29 November 2019, we resolved to acquire all of the 30% interest in our consolidated subsidiary ＳＤＰグローバル株式会社 held by TOYOTA TSUSHO CORPORATION (head office: Nakamura-ku, Nagoya; president: Kariya Ichiro).」
The company described for the first time its plan to acquire an additional 30% interest in SDP Global held by TOYOTA TSUSHO CORPORATION for ¥1.9 billion and make it a wholly owned subsidiary, with 31 March 2020 as the scheduled date. Through making SDP Global a wholly owned subsidiary, the company aims to generate synergies through integrated group operations and achieve further growth in the superabsorbent polymers market.