Sumitomo Metal Mining (5713) · InitiativeRestated
Establishing an Integrated RIG and Optical Isolator Production Structure
First written in FY2018-Q1. 1 of 2 entries say "Restated". Latest entry: FY2018.
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Establishing an Integrated RIG and Optical Isolator Manufacturing Structure through the Subsidiarization of グラノプトA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2018RestatedAnnual report
「当社は、RIGとOIの一気通貫体制を構築することにより、通信デバイス事業のさらなる効率化・競争力強化を図ることを目的として、㈱グラノプトの株式を追加取得することといたしました。」
グラノプトの追加取得によりRIGからOIまでの一気通貫体制を構築し、通信デバイス事業の効率化・競争力強化を図る方針を再確認している。 - FY2018-Q1First statedAnnual report
「In our communications devices business, Granopt Co., Ltd. manufactures and sells RIG, while our consolidated subsidiary SMM Precision Co., Ltd. manufactures and sells optical isolators for communications, using RIG as its principal raw material. We decided to acquire additional shares of Granopt to improve efficiency and strengthen competitiveness by establishing an integrated production system spanning RIG through optical isolators.」
Additional shares in Granopt were acquired on 23 June 2017, increasing the voting rights ratio from 50% to 51% and making it a consolidated subsidiary.