Tender offer for 双信電機 shares and removal from the scope of consolidation
First written in FY2021-Q3. 1 of 2 entries say "Achieved", first in FY2021. Latest entry: FY2021.
5 other companies' latest entry also says "Achieved".
- FY2021AchievedAnnual report
「Following the successful completion of the tender offer on 4 January 2021 and the sale of all shares tendered by us to 釜屋電機, our ownership interest in 双信電機, as a percentage of its total issued shares excluding treasury shares, became 5.04%. In connection with this share sale, 双信電機 and its 7 consolidated subsidiaries will be excluded from the scope of consolidation from the fourth-quarter consolidated accounting period.」
The tender and sale of 双信電機 shares was completed, and 双信電機 and its 7 consolidated subsidiaries were excluded from the scope of consolidation from the fourth quarter. - FY2021-Q3First statedAnnual report
「Under the agreement, we tendered 5,560,000 of the 6,346,000 common shares of 双信電機 held by us. Following the successful completion of the tender offer on 4 January 2021 and the sale of all shares tendered by us to 釜屋電機, our ownership interest in 双信電機, as a percentage of its total issued shares excluding treasury shares, became 5.04%. In connection with this share sale, 双信電機 and its 7 consolidated subsidiaries will be excluded from the scope of consolidation from the fourth-quarter consolidated accounting period.」
The tender and sale of 双信電機 shares in 釜屋電機's tender offer was completed, and 5,560,000 shares were sold. The ownership interest after the sale was 5.04%, and 双信電機 and its 7 consolidated subsidiaries will be excluded from the scope of consolidation from the fourth quarter.