Supplementing bright steel bar production capacity through the acquisition of Osaka Migaki as a subsidiary
First written in FY2019-Q2. 3 of 7 entries say "Cited as achieved", first in FY2019. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Updated Osaka Migaki voting rights ownership ratioAnnual report
「Osaka Migaki㈱ (Note) 3 Percentage of voting rights owned (held by) (%) Owned 72.40」
Osaka Migaki’s voting rights ownership ratio was stated as 72.40%. The ownership ratio was updated from the previous cumulative 67.5%. - FY2020Cited as achievedAnnual report
「On 16 May 2019, the company additionally acquired a 15.5% stake in Osaka Migaki㈱, which had become a subsidiary on 5 November 2018, to promote more efficient production and improve governance, bringing its cumulative ownership ratio to 67.5%.」
The company cited the conversion of Osaka Migaki into a subsidiary and the additional acquisition as completed measures to strengthen consolidated management. - FY2020-Q2Cited as achievedAnnual report
「Against this business backdrop, on 16 May 2019 the company additionally acquired a 15.5% stake in Osaka Migaki Co., Ltd., which had become a subsidiary on 5 November 2018, bringing its cumulative ownership ratio to 67.5%, in order to deepen consolidated management,」
The additional acquisition of Osaka Migaki shares on 16 May 2019 was cited in the results discussion as a completed measure to deepen consolidated management. - FY2020-Q1AdvancedAnnual report
「To deepen consolidated management, we additionally acquired shares in 大阪ミガキ株式会社, which became a subsidiary on 5 November 2018, on 16 May 2019, acquiring 15.5% and bringing the cumulative holding to 67.5%,」
The company additionally acquired shares in Osaka Migaki on 16 May 2019, raising its cumulative ownership ratio to 67.5%. The disclosure describes a specific milestone in deepening consolidated management after Osaka Migaki became a subsidiary. - FY2019Cited as achievedAnnual report
「On 5 November 2018, the company acquired shares in Osaka Migaki㈱ and worked to expand the group’s business and improve earnings.」
The company cited the completed acquisition of Osaka Migaki and its conversion into a subsidiary in its annual results discussion, noting its connection with business expansion and improved earnings. - FY2019-Q3AchievedAnnual report
「At a meeting of the board of directors held on 2 November 2018, the company resolved to acquire shares in Osaka Migaki Co., Ltd. and make it a subsidiary, entered into a share transfer agreement on the same date, and acquired the shares on 5 November 2018.」
The acquisition of shares in Osaka Migaki and its conversion into a subsidiary were completed, and Osaka Migaki was included as a consolidated subsidiary from the third quarter of the fiscal year. The acquired voting rights ratio was 52%, and the stated purpose was to fulfill supply obligations by using Osaka Migaki’s spare bright steel bar production capacity. - FY2019-Q2First statedAnnual report
「At a meeting of the board of directors held on 2 November 2018, the company resolved to acquire shares in Osaka Migaki Co., Ltd. and make it a subsidiary, entered into a share transfer agreement on the same date, and acquired the shares on 5 November 2018. Osaka Migaki Co., Ltd. manufactures and sells bright steel bars and still has spare production capacity. The company therefore decided that maximizing use of this capacity was necessary to fully meet its supply obligations to customers, and made Osaka Migaki a subsidiary. Business combination date: 31 December 2018 (scheduled) …… Voting rights acquired: 52%」
The company decided to acquire shares in Osaka Migaki and make it a subsidiary, and acquired the shares on 5 November 2018. The transaction was intended to use Osaka Migaki’s spare bright steel bar production capacity to fulfill supply obligations. The acquired voting rights ratio was 52%, and the business combination date was scheduled for 31 December 2018.