Making 日本研紙株式会社 a wholly owned subsidiary
First written in FY2016. 7 of 10 entries say "Restated". Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020RestatedAnnual report
「日本研紙株式会社 (NK) Percentage of voting rights owned (%) 100.0」
The filing continues to state that the percentage of voting rights owned in 日本研紙株式会社 is 100.0%, confirming its status as a wholly owned subsidiary. - FY2019RestatedAnnual report
「日本研紙株式会社 (NK) Percentage of voting rights owned (%) 100.0」
The filing continues to state that the percentage of voting rights owned in 日本研紙株式会社 is 100.0%, confirming its status as a wholly owned subsidiary. - FY2018AchievedAnnual report
「日本研紙株式会社 (NK) Percentage of voting rights owned (%) 100.0」
The status of affiliated companies states that the percentage of voting rights owned in 日本研紙株式会社 is 100.0%, indicating that it has become a wholly owned subsidiary from the previous post-acquisition level of 89.60%. - FY2018-Q3RestatedAnnual report
「In addition, 日本研紙株式会社 became a consolidated subsidiary of the Company in July 2016, and the Company has worked to provide a broader range of products and services.」
The filing reconfirms that 日本研紙株式会社 is a consolidated subsidiary and that the Company subsequently worked to provide a broader range of products and services. - FY2018-Q2RestatedAnnual report
「In addition, 日本研紙株式会社 became a consolidated subsidiary of the Company in July 2016, and the Company has worked to provide a broader range of products and services.」
The filing reconfirms that 日本研紙株式会社 is a consolidated subsidiary and that the Company is working to provide a broader range of products and services. - FY2018-Q1RestatedAnnual report
「In addition, 日本研紙株式会社 became a consolidated subsidiary of the Company in July 2016, and the Company has worked to provide a broader range of products and services.」
The filing reconfirms that 日本研紙株式会社 became a consolidated subsidiary and that the Company subsequently worked to provide a broader range of products and services. It does not state that the process of making it a wholly owned subsidiary was completed. - FY2017-Q3RestatedAnnual report
「In addition, 日本研紙株式会社 became a consolidated subsidiary of the Company in July 2016, and the Company has worked to provide a broader range of products and services.」
The filing reconfirms that the company has worked to provide a broader range of products and services since 日本研紙株式会社 became a consolidated subsidiary. It does not state that the process of making it a wholly owned subsidiary was completed. - FY2017-Q2RestatedAnnual report
「From the second quarter of the current consolidated fiscal year, 日本研紙株式会社 and its 2 subsidiaries have been included in the scope of consolidation following the acquisition of shares in 日本研紙株式会社.」
The filing reconfirms that 日本研紙株式会社 and its 2 subsidiaries became consolidated subsidiaries and that 1 affiliate was accounted for under the equity method. The post-acquisition voting-rights ownership ratio was 89.60%, and the filing does not state that the process of making it a wholly owned subsidiary was completed. - FY2017-Q1AdvancedAnnual report
「Through a tender offer for the common shares of 日本研紙株式会社 and a third-party allotment under which the Company subscribed for newly issued shares, the Company acquired the company’s common shares effective 1 July 2016. As a result, the Company acquired 89.60% of the voting rights, making the company a consolidated subsidiary.」
日本研紙株式会社 became a consolidated subsidiary through the tender offer and third-party allotment on 1 July 2016. The voting-rights ownership ratio was 89.60%, and the filing does not state that the process of making it a wholly owned subsidiary was completed. - FY2016First statedAnnual report
「The Company believes that making the target company a wholly owned subsidiary would strengthen its competitiveness and establish a firm operating structure in the continuing difficult abrasives market. It would also enable the two companies to integrate and make effective use of their management resources through close mutual cooperation rather than a limited alliance, allowing flexible measures to enhance corporate value based on rapid decision-making and management judgements, more efficient business execution and, ultimately, the full realisation of both companies’ earnings growth potential.」
The plan was to make the company a wholly owned subsidiary through a tender offer and a third-party allotment. The tender offer was conducted from 16 May to 24 June 2016, and the stated tender offer acceptance ratio was 85.94%.