Establishing a Base in the Shinetsu Region Through the Acquisition of Shares in Nagano Dry Lube
First written in FY2019-Q3. 3 of 5 entries say "Restated". Latest entry: FY2025.
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- FY2025RestatedAnnual report
「In Japan, the company develops, manufactures and sells dry-lube products, performs coating processing for dry-lube products, and provides technical guidance on dry-lube product coating methods. 長野ドライルーブ株式会社, 大分ドライルーブ株式会社 and 株式会社真永 perform coating processing for dry-lube products.」
The company continues to operate domestic processing bases through its domestic subsidiaries, including 長野ドライルーブ株式会社. - FY2022RestatedAnnual report
「In Japan, the company develops, manufactures and sells dry-lube products, performs coating processing for dry-lube products, and provides technical guidance on dry-lube product coating methods. 長野ドライルーブ株式会社 and 大分ドライルーブ株式会社 perform coating processing for dry-lube products.」
The company continues to operate domestic processing bases through its domestic subsidiaries, including 長野ドライルーブ株式会社. - FY2020RestatedAnnual report
「長野ドライルーブ株式会社 has been included in the scope of consolidation from the current consolidated fiscal year following the acquisition of its shares.」
The company continues to make 長野ドライルーブ株式会社 a consolidated subsidiary and establish a base in the Shinetsu region. - FY2019AchievedAnnual report
「長野ドライルーブ株式会社 has been included in the scope of consolidation from the current consolidated fiscal year following the acquisition of its shares.」
Following the acquisition of 90.9% of the shares of 長野ドライルーブ株式会社, it was included in the scope of consolidation as a consolidated subsidiary from 1 April 2019. The acquisition to establish a base in the Shinetsu region has also been completed for consolidation purposes. - FY2019-Q3First statedAnnual report
「On 1 April 2019, the company acquired 90.9% of the shares of the new 長野ドライルーブ株式会社, which was established through a company split (incorporation-type company split) to take over the dry-lube surface treatment business from 長野ドライルーブ株式会社, now operating under the name ＮＤＬ株式会社. The purpose of this acquisition is to establish an operating base in the Shinetsu region, where companies that have not previously conducted transactions with the company are concentrated among potential customers for outsourced dry-lube surface treatment processing in Japan, generate synergies and expand the advanced dry-lube business.」
On 1 April 2019, the company acquired 90.9% of the shares of the company established through an incorporation-type company split. The company newly disclosed, as a significant subsequent event, a measure to establish an operating base in the Shinetsu region and expand its domestic dry-lube surface treatment business through synergies.