Making Gifu Denzai Co., Ltd. a Subsidiary
First written in FY2023-Q1. 2 of 4 entries say "Restated". Latest entry: 2026-09-04.
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- 2026-09-04RestatedGeneral Meetings of Shareholders
「岐阜電材株式会社 was excluded from the scope of consolidation because it ceased to exist following an absorption-type merger in which 昭和電機産業株式会社 was the surviving company.」
The absorption-type merger of 岐阜電材株式会社 and its exclusion from the scope of consolidation are reconfirmed in the section on the status of significant subsidiaries. - FY2026-H1ReframedAnnual report
「At a meeting of the Board of Directors held on 1 April 2025, the Company resolved that its consolidated subsidiary 昭和電機産業株式会社 would absorb and merge with 岐阜電材株式会社, a subsidiary of 昭和電機産業株式会社 and the Company’s indirect subsidiary. 昭和電機産業株式会社 and 岐阜電材株式会社 entered into a merger agreement on the same date. Under the agreement, 昭和電機産業株式会社 absorbed and merged with 岐阜電材株式会社 on 21 June 2025.」
岐阜電材株式会社 changed from its previous status as a subsidiary to being absorbed and merged by 昭和電機産業株式会社 on 21 June 2025, and was excluded from the scope of consolidation from the current interim consolidated fiscal period. The purpose was to strengthen sales capabilities in the Gifu area and improve operational efficiency through integration. - FY2023RestatedAnnual report
「In the electrical installation materials business, sales increased as a result of 岐阜電材株式会社 becoming a subsidiary.」
岐阜電材株式会社 continues to be included as a consolidated subsidiary and as a factor contributing to higher sales in the electrical installation materials business. - FY2023-Q1First statedAnnual report
「Sales increased as deliveries for capital investment projects progressed smoothly and 岐阜電材株式会社 was made a subsidiary.」
The acquisition of 岐阜電材株式会社 as a subsidiary is disclosed for the first time. Its inclusion as a subsidiary is identified as a factor contributing to higher sales in the electrical installation materials business.