Enhancing the Automotive Lifestyle-Related Business Network through the Acquisition of Shares in 上燃株式会社
First written in FY2017-Q2. 16 of 22 entries say "Restated". Latest entry: FY2026.
42 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In addition to seeking to increase its sales share and strengthening sales of industrial petroleum products, particularly to business establishments, the Company will make maximum use of Group synergies to expand sales of energy-related products and services and automotive-related products.」
The policy of increasing market share, strengthening sales of industrial petroleum products and expanding sales through group synergies continues to be stated. - FY2025RestatedAnnual report
「In addition to seeking to increase its sales share and strengthening sales of industrial petroleum products, particularly to business establishments, the Company will make maximum use of Group synergies to expand sales of energy-related products and services and automotive-related products.」
The Company continues to state a policy of expanding sales through increased market share, stronger sales of petroleum products to corporate and industrial customers, and Group synergies. - FY2024-Q3RestatedAnnual report
「The car-life-related business is affected by trends in fuel oil consumption. Although sales volumes are expected to decline as next-generation vehicles, including hybrid vehicles, become more prevalent and the population declines, the Company will expand sales of petroleum products and vehicles by increasing its market share.」
The Company continues to indicate a policy of expanding sales of petroleum products and vehicles by increasing its market share, while anticipating lower sales volumes due to the growing number of next-generation vehicles and population decline. - FY2024-Q2RestatedAnnual report
「The car-life-related business is affected by trends in fuel oil consumption. Although sales volumes are expected to decline as next-generation vehicles, including hybrid vehicles, become more prevalent and the population declines, the Company will expand sales of petroleum products and vehicles by increasing its market share.」
The Company continues to indicate a policy of expanding sales of petroleum products and vehicles by increasing its market share, while anticipating lower sales volumes due to the growing number of next-generation vehicles and population decline. - FY2023RestatedAnnual report
「The Company will further increase synergies by raising its market share across the Group, leading to expanded sales of petroleum products and vehicles.」
The Company continues to state a policy of expanding sales of petroleum products and vehicles by increasing its market share and enhancing synergies. - FY2023-Q3RestatedAnnual report
「The car-life-related business is affected by crude oil price fluctuations and trends in fuel oil consumption. Although sales volumes are expected to decline as next-generation vehicles, including hybrid vehicles, become more prevalent and the population declines, the Company will expand sales of petroleum products and vehicles by increasing its market share.」
The Company continues to indicate a policy of expanding sales of petroleum products and vehicles by increasing its market share, while anticipating lower sales volumes due to the growing number of next-generation vehicles and population decline. - FY2022-Q3RestatedAnnual report
「The car-life-related business is affected by crude oil price fluctuations and trends in fuel oil consumption. Although sales volumes are expected to decline as next-generation vehicles, including hybrid vehicles, become more prevalent and the population declines, the Company will expand sales of petroleum products and vehicles by increasing its market share.」
The Company continues to state its policy of expanding sales of petroleum products and vehicles by increasing its market share, while anticipating lower sales volumes due to the growing number of next-generation vehicles and population decline. - FY2022-Q2RestatedAnnual report
「Since the first quarter of the current consolidated fiscal year, 上燃株式会社, formerly a consolidated subsidiary of the Company, has been excluded from the scope of consolidation as a result of an absorption-type merger in which the Company was the surviving company and 上燃株式会社 was the absorbed company.」
The exclusion of 上燃株式会社 from the scope of consolidation from the first quarter of the current consolidated fiscal year as a result of the absorption-type merger is restated here. - FY2021AchievedAnnual report
「At a meeting of its Board of Directors held on 5 April 2021, the Company resolved to absorb and merge its wholly owned consolidated subsidiary 上燃株式会社, with 1 July 2021 as the effective date, and completed the absorption-type merger effective 1 July 2021.」
The absorption-type merger of 上燃株式会社 was completed effective 1 July 2021, completing the organizational restructuring aimed at strengthening integrated management, expanding synergies and improving operating efficiency. - FY2021-Q3AdvancedAnnual report
「At a meeting of its Board of Directors held on 5 April 2021, the Company resolved to absorb and merge its wholly owned consolidated subsidiary 上燃株式会社, with 1 July 2021 as the scheduled effective date, and entered into a merger agreement on the same date.」
The Company resolved to absorb and merge 上燃株式会社, scheduled for 1 July 2021, and entered into a merger agreement. The purpose is to expand synergies and improve operating efficiency by strengthening integrated management. - FY2021-Q1RestatedAnnual report
「The Company will further increase synergies by raising its share of the market with 上燃株式会社, leading to expanded sales of petroleum products and vehicles.」
The Company continues to indicate a policy of expanding sales of petroleum products and vehicles by increasing its market share with 上燃株式会社 and enhancing synergies. - FY2020-Q2RestatedAnnual report
「The Company will further increase synergies by raising its share of the market with 上燃株式会社, leading to expanded sales of petroleum products and vehicles.」
The Company continues to indicate a policy of expanding sales of petroleum products and vehicles by increasing its market share with 上燃株式会社 and enhancing synergies. - FY2020-Q1RestatedAnnual report
「The Company will further increase synergies by raising its share of the market with 上燃株式会社, leading to expanded sales of petroleum products and vehicles.」
The Company continues to indicate a policy of expanding sales of petroleum products and vehicles by increasing its market share with 上燃株式会社 and enhancing synergies. - FY2019RestatedAnnual report
「The Company will further increase synergies by raising its share of the market with 上燃株式会社, leading to expanded sales of petroleum products and vehicles.」
The Company continues to indicate a policy of expanding sales of petroleum products and vehicles by increasing its market share with 上燃株式会社 and enhancing synergies. - FY2019-Q3RestatedAnnual report
「The Company will further increase synergies by raising its share of the market with its subsidiary 上燃株式会社, leading to expanded sales of petroleum products and vehicles.」
The Company continues to indicate a policy of expanding sales of petroleum products and vehicles by increasing its market share with 上燃株式会社 and enhancing synergies. - FY2019-Q2RestatedAnnual report
「The Company will further increase synergies by raising its share of the market with its subsidiary 上燃株式会社, leading to expanded sales of petroleum products and vehicles.」
The Company continues to indicate a policy of expanding sales of petroleum products and vehicles by increasing its market share with 上燃株式会社 and enhancing synergies. - FY2019-Q1RestatedAnnual report
「The Company will further increase synergies by raising its share of the market with its subsidiary 上燃株式会社, leading to expanded sales of petroleum products and vehicles.」
The Company continues to indicate a policy of expanding sales of petroleum products and vehicles by increasing its market share with 上燃株式会社 and enhancing synergies. - FY2018-Q3AchievedAnnual report
「At a meeting of its Board of Directors held on 5 March 2018, the Company resolved to acquire additional shares in its consolidated subsidiary, 上燃株式会社, and make it a wholly owned subsidiary, and acquired the additional shares on 3 April 2018. To further expand synergies by deepening cooperation between the Company and 上燃株式会社, the Company acquired an additional 33.4% of 上燃株式会社's shares, making it a wholly owned subsidiary. Going forward, the Company intends to further enhance its network in Nagano Prefecture and make greater efforts to improve services for customers.」
On 3 April 2018, the Company acquired an additional 33.4% of 上燃株式会社's shares, increasing its ownership from 66.6% to 100% and making it a wholly owned subsidiary. Further enhancement of the network and improved services were stated as future policies. - FY2018-Q2RestatedAnnual report
「In addition, 上燃株式会社 has been included in this segment since the first quarter of the current consolidated fiscal year. As a result, revenue from the car-life-related business was ¥7,804 million, up 130.6% year on year, while the operating loss was ¥21 million, compared with operating income of ¥44 million in the same quarter of the previous year.」
With 上燃株式会社 included in the car-life-related segment, cumulative revenue for the second quarter increased, but the segment posted an operating loss of ¥21 million. - FY2018-Q1AdvancedAnnual report
「In addition, 上燃株式会社 has been included in this segment since the first quarter of the current consolidated fiscal year. As a result, revenue from the car-life-related business was ¥3,366 million, up 136.0% year on year, while the operating loss was ¥74 million, compared with an operating loss of ¥5 million in the same quarter of the previous year.」
The acquired 上燃株式会社 was included in the car-life-related segment from the first quarter. Segment revenue increased, while the operating loss widened. - FY2017-Q3AchievedAnnual report
「On 3 April 2017, the Company acquired 66.6% of the issued shares of 上燃株式会社 from 昭和シェル石油株式会社, an existing shareholder.」
The Company acquired 13,320 shares of 上燃株式会社 on 3 April 2017, completing the acquisition of a 66.6% stake. The acquisition price was ¥1,043 million. The Company expected synergies by complementing its network, concentrated in the Hokushin area, with 上燃株式会社's network, concentrated in the Toshin area, although the realization of synergies itself had not yet been reported. - FY2017-Q2First statedAnnual report
「At a meeting of its Board of Directors held on 6 February 2017, the Company resolved to acquire 66.6% of the issued shares of 上燃株式会社 from 昭和シェル石油株式会社, an existing shareholder.」
The Company planned to acquire 13,320 shares during the fiscal year ending June 2017, bringing its ownership stake to 66.6%. It expected synergies in the car-life-related business by complementing its network, concentrated in the Hokushin area, with 上燃株式会社's network, concentrated in the Toshin area.