Improving Group Management Efficiency Through the Absorption-Type Merger of a Research and Development Subsidiary
First written in FY2023. 1 of 2 entries say "Achieved", first in FY2024-Q1. Latest entry: FY2024-Q1.
No other company in this theme has enough history to compare yet.
- FY2024-Q1AchievedAnnual report
「At a meeting of the Board of Directors held on 14 September 2023, the company resolved to conduct an absorption-type merger in which it would be the surviving company and its wholly owned subsidiary, Premier Wellness Science Co., Ltd., would be the absorbed company. It entered into a merger agreement on the same date and completed the absorption-type merger on 1 November 2023.」
The absorption-type merger of Premier Wellness Science Co., Ltd. was completed on 1 November 2023, completing the reorganization to improve group management efficiency. - FY2023First statedAnnual report
「At a meeting of the Board of Directors held on 14 September 2023, the company resolved to absorb its wholly owned subsidiary, Premier Wellness Science Co., Ltd., and to waive part of the receivables owed by Premier Wellness Science Co., Ltd. to the company before the merger.」
The company planned an absorption-type merger of its R&D subsidiary, scheduled for 1 November 2023, and the waiver of ¥700 million in long-term loans to an affiliate, and outlined a policy of improving group management efficiency.