Making Japan Life Elevation a Subsidiary Through a Share Delivery
First written in FY2023-Q1. 1 of 4 entries say "Achieved", first in FY2023-Q2. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025AdvancedAnnual report
「On 7 November 2025, the company made アサヒエレベーション株式会社 a wholly owned subsidiary through a short-form share exchange.」
Asahi Elevation Co., Ltd., which became a subsidiary in 2023, became a wholly owned subsidiary through a simplified share exchange dated 7 November 2025. - FY2023ReframedAnnual report
「On 27 July 2023, we changed our corporate name to アサヒエレベーション株式会社.」
The company disclosed that, following the conversion of Nihon Life Elevation Co., Ltd. into a subsidiary, its trade name was changed to Asahi Elevation Co., Ltd. on 27 July 2023. - FY2023-Q2AchievedAnnual report
「At a meeting of the Board of Directors held on 15 March 2023, the company resolved to carry out a share delivery transaction in which the company would be the share-delivery parent company and Nihon Life Elevation Co., Ltd. would be the share-delivery subsidiary. The transaction was carried out on 5 April 2023, making Nihon Life Elevation Co., Ltd. a consolidated subsidiary.」
The acquisition of shares in 日本ライフエレベーション株式会社 was carried out on 5 April 2023, completing its conversion into a consolidated subsidiary. - FY2023-Q1First statedAnnual report
「At a meeting of the Board of Directors held on 15 March 2023, the Company resolved to carry out a share delivery under which the Company would be the parent company receiving shares and Nippon Life Elevation Co., Ltd. (the “NLE Company”) would be the subsidiary company delivering shares (the “Share Delivery”).」
Pursuant to a resolution of the Board of Directors dated 15 March 2023, the Company will acquire 153 of NLE Co.’s 300 issued shares, representing 51%, through a share delivery, with the effective date scheduled for 5 April 2023. As consideration, the Company will newly issue 147,645 common shares, with a stated dilution rate of 3.92%. NLE Co. is engaged in the installation of solar power generation systems and all-electric systems, as well as interior and exterior construction and repair work for buildings. The Company disclosed that an independent third-party valuation institution had calculated the share delivery ratio and that due diligence had been conducted.