Osaka Steel (5449) · InitiativeAchieved
Strengthening the Flat Steel Business through the Absorption-Type Merger of 日本スチール
First written in FY2021. 1 of 2 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q1.
2entries
1years
0from disclosures
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Centralization and greater efficiency in group management through the merger and integration of subsidiariesA theme 202 companies write about · 1 as a headwind · 213 as a tailwind
89 other companies' latest entry also says "Achieved".
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Showing 14 of the 186 companies compared. The sentences above are computed from all 186.Comparing 200 of the theme's 220 threads.Full recordFilings, disclosures and news, newest first
- FY2022-Q1AchievedAnnual report
「At a meeting of the Board of Directors held on 26 April 2021, the company resolved to carry out an absorption-type merger under which it would be the surviving company and its wholly owned subsidiary 日本スチール株式会社 would be the absorbed company, and completed the merger on 1 August 2021.」
The absorption-type merger of 日本スチール, scheduled to take effect on 1 August 2021, was carried out and completed. - FY2021First statedAnnual report
「At a meeting of the Board of Directors held on 26 April 2021, the company resolved to carry out an absorption-type merger, with 1 August 2021 as the scheduled effective date, under which the company would be the surviving company and its wholly owned subsidiary 日本スチール株式会社 would be the absorbed company.」
The company first explicitly disclosed plans to absorb 日本スチール, its wholly owned subsidiary, through an absorption-type merger scheduled to take effect on 1 August 2021. The objectives are to improve the efficiency of the flat steel business, expand group synergies and strengthen competitiveness.