Strengthening ties within the NC Group by making 北海道コンクリート工業 a consolidated subsidiary
First written in FY2019-Q2. 4 of 7 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Because Nihonkai Concrete Industry Co., Ltd. had become more significant, it was included in the scope of equity-method application from the current consolidated fiscal year.」
Regarding the NC Group's manufacturing, sales and technology relationships, the company progressed to the stage of newly incorporating Nihonkai Concrete Industry as an equity-method affiliate. - FY2022-Q2AdvancedAnnual report
「Based on this, we acquired the shares effective 30 July 2021. By welcoming Tohoku Pole Co., Ltd. into the Group, we will be able to work together with Hokkaido Concrete Industry Co., Ltd., which was previously brought into the Group, on an integrated basis across eastern Japan in responding to the development of 5G networks, national resilience measures and other initiatives,」
The consolidation of Tohoku Pole as a subsidiary was completed, advancing to the stage of responding jointly with Hokkaido Concrete Industry to 5G development, national resilience measures and other initiatives in eastern Japan. - FY2021RestatedAnnual report
「In addition, by making Tohoku Pole Co., Ltd. a subsidiary in fiscal 2021, we will strengthen competitiveness in the foundation, pole and civil engineering products businesses across eastern Japan, including Hokkaido, and work to further strengthen the foundation for growth of the Group.」
The Group's foundation in eastern Japan, including Hokkaido Concrete Industry, continues to be strengthened competitively in conjunction with the consolidation of Tohoku Pole as a subsidiary. - FY2021-Q3RestatedAnnual report
「By welcoming Tohoku Pole Co., Ltd. into the Group, we will be able to work together with Hokkaido Concrete Industry Co., Ltd., which was previously brought into the Group, on an integrated basis across eastern Japan in responding to the development of 5G networks, national resilience measures and other initiatives,」
Hokkaido Concrete Industry is positioned as part of an integrated response across eastern Japan together with Tohoku Pole and as part of efforts to strengthen the NC Group's business foundation. - FY2019RestatedAnnual report
「Founded in 1944, Hokkaido Concrete Industry Co., Ltd. manufactures concrete poles, piles and precast products and sells and installs these products. It is currently an equity-method affiliate of the company. Since providing the company with concrete pole manufacturing technology in 1957, we have been its largest shareholder. We subsequently provided concrete pile manufacturing and construction technology and built long-standing cooperative relationships in production, sales, technology and human resources as the NC Group, which comprises companies to which we have licensed technology. To further strengthen the relationship between the two companies and reinforce management, we acquired its treasury shares and made it a consolidated subsidiary.」
The company has reconfirmed its position of continuing to strengthen NC Group relationships in production, sales, technology and human resources following the consolidation of Hokkaido Concrete Industry as a subsidiary. - FY2019-Q3RestatedAnnual report
「During the second quarter of the current consolidated accounting period, the company acquired shares of Hokkaido Concrete Industry Co., Ltd., formerly an equity-method affiliate, and made it a consolidated subsidiary. Accordingly, it has been included in the scope of consolidation.」
Hokkaido Concrete Industry continued to be treated as a consolidated subsidiary in the third quarter. - FY2019-Q2First statedAnnual report
「At a meeting of the Board of Directors held on 28 May 2018, the company resolved to acquire additional treasury shares of Hokkaido Concrete Industry Co., Ltd., an equity-method affiliate. As the proposal concerning the disposal of treasury shares through a third-party allotment was approved at the company's general meeting of shareholders held on 15 June 2018, the company completed the additional acquisition of shares on 31 August 2018 as follows and made the company a consolidated subsidiary.」
The company acquired additional shares of Hokkaido Concrete Industry and made it a consolidated subsidiary effective 31 August 2018. The post-acquisition voting rights ratio was 44.80%. The stated objective was to strengthen management by further reinforcing the production, sales, technology and human resources cooperation developed over many years as the NC Group.