Risk of Deterioration in the Joint Venture Relationship with Chiyoda Corporation
First written in FY2023. 1 of 3 entries say "Restated". Latest entry: FY2025.
Arent moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
The whole theme swung hardest in 2023: 4 of 18 companies on the "Worse" side.
2 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「The joint venture agreement previously concluded with 千代田化工建設株式会社 was terminated in connection with 株式会社PlantStream becoming a wholly owned subsidiary in March 2025, and a share transfer agreement was entered into.」
The former joint venture relationship was dissolved, and the relationship changed to PlantStream becoming a wholly owned subsidiary and a share transfer agreement being entered into. The disclosure states that the technical partnership will continue. - FY2024RestatedAnnual report
「The relationship between the company and 千代田化工建設株式会社 is currently good. However, deterioration of the joint venture relationship for some reason could affect the operation of 株式会社PlantStream and the Group's business and results.」
The company restated the risk that deterioration of its relationship with 千代田化工建設株式会社 could affect PlantStream's operations and results. - FY2023First statedAnnual report
「The relationship between the company and 千代田化工建設株式会社 is currently good. However, deterioration of the joint venture relationship for some reason could affect the operation of 株式会社PlantStream and the Group's business and results.」
Although the relationship with 千代田化工建設株式会社 is described as good, the disclosure states that deterioration of the joint venture relationship could affect PlantStream's operations and results.