Bando Chemical Industries (5195) · InitiativeAdvanced
Merger of 2 Domestic Sales Subsidiaries and Integration of the Nationwide Sales Structure
First written in FY2017-Q3. 1 of 3 entries say "Achieved", first in FY2017. Latest entry: FY2024.
3entries
8years
0from disclosures
How it moved
Same theme, other companies
Centralization of Sales-Related Companies under a Holding Company and Reorganization of Sales CompaniesA theme 11 companies write about · 0 as a headwind · 12 as a tailwind
3 other companies' latest entry also says "Advanced".
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Full recordFilings, disclosures and news, newest first
- FY2024AdvancedAnnual report
「バンドー・I・C・S株式会社 and 東日本ベルト販売株式会社 merged effective 1 April 2024, with バンドー・I・C・S株式会社 as the surviving company.」
As part of the integration of the domestic sales structure, the merger was completed on 1 April 2024 after 東日本ベルト販売株式会社 became a wholly owned subsidiary. - FY2017AchievedAnnual report
「The merger and change of the surviving company's corporate name were completed effective 1 April 2017.」
東日本バンドー was merged into 西日本バンドー, which remained as the surviving company, and the surviving company was renamed バンドー・I・C・S株式会社. - FY2017-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 26 December 2016, the company resolved to merge its wholly owned subsidiaries 西日本バンドー株式会社 (hereinafter, "西日本バンドー") and 東日本バンドー株式会社 (hereinafter, "東日本バンドー") and change the corporate name of the surviving company.」
The company plans to merge its 2 domestic sales subsidiaries to establish nationwide operations while maintaining a locally focused sales structure, ensure consistency in sales strategy, improve management efficiency and strengthen earnings power. The effective date is scheduled for 1 April 2017.