Mitsui & Co.'s Participation through an Equity Investment in Kansai Helios Coatings GmbH
First written in FY2018. 1 of 3 entries say "Achieved", first in FY2019-Q2. Latest entry: FY2019.
0 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「This third-party allotment of shares was carried out to further advance the initiative, strengthen the mutual cooperation relationship with MITSUI & CO.,LTD., and expand the business into Europe and related markets. As a result of this third-party allotment, the company's ownership ratio changed from 100% to 80%.」
MITSUI & CO.,LTD.'s investment has been reconfirmed as a measure to expand the business into Europe and related markets and strengthen the mutual cooperation relationship. - FY2019-Q2AchievedAnnual report
「Kansai Helios Coatings GmbH, the company's wholly owned consolidated subsidiary, carried out a third-party allotment of shares with 28 September 2018 as the payment date. As a result, the company's ownership ratio changed from 100% to 80%.」
A third-party allotment of shares underwritten by MITSUI & CO.,LTD. was carried out on 28 September 2018, bringing MITSUI & CO.,LTD. into the ownership structure of Kansai Helios Coatings GmbH and establishing ownership ratios of 80% for the company and 20% for MITSUI & CO.,LTD. - FY2018First statedAnnual report
「The company agreed to MITSUI & CO.,LTD.'s new investment in Kansai Helios Coatings GmbH, its wholly owned consolidated subsidiary, and completed the execution of the relevant agreements, including the shareholders' agreement. Following the investment, the ownership ratios will be 80% for the company and 20% for MITSUI & CO.,LTD.」
The company accepted MITSUI & CO.,LTD.'s investment in its European business and completed the execution of an agreement setting the ownership ratios in Kansai Helios Coatings GmbH at 80% for the company and 20% for MITSUI & CO.,LTD.