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Alinco (5933) · InitiativeContinued Contribution After Becoming a Subsidiary

Expanding the Aluminum Products Business Through the Acquisition of 昭和ブリッジ販売株式会社

First written in FY2018. 2 of 8 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2020.

8entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2019-Q3 – FY2019OtherFY2020-Q1 – FY20202018: 320182019: 320192020: 22020
Same theme, other companies
Expansion of the aluminum products business through the acquisition of 昭和ブリッジ販売A theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2020Continued Contribution After Becoming a SubsidiaryAnnual report

    「Revenue in the housing equipment-related business increased 5.7% year on year to ¥14.910 billion. In addition to the contribution from the revenue of 昭和ブリッジ販売株式会社, which became a subsidiary, sales of the new GAUDI aluminum stepladder remained strong through machine-tool channels.」

    The contribution to revenue from 昭和ブリッジ販売株式会社 continued following its conversion into a subsidiary, and sales of GAUDI also remained strong.
  2. FY2020-Q3Continued Contribution After Becoming a SubsidiaryAnnual report

    「In addition to the contribution from the revenue of 昭和ブリッジ販売株式会社, which became a subsidiary, sales of the new GAUDI aluminum stepladder remained firm through machine-tool channels, increasing revenue.」

    The contribution to revenue from 昭和ブリッジ販売株式会社 continued, and the new GAUDI aluminum stepladder also sold steadily through machine-tool channels.
  3. FY2020-Q1Continued Contribution After Becoming a SubsidiaryAnnual report

    「In addition to the contribution from the revenue of 昭和ブリッジ販売株式会社, which became a subsidiary in the previous fiscal year, sales of aluminum products increased through mass retailers such as home-improvement stores and machine-tool channels.」

    The contribution to revenue from 昭和ブリッジ販売株式会社 following its conversion into a subsidiary continued into the first quarter, and sales of aluminum products also increased through mass retailers and machine-tool channels.
  4. FY2019AdvancedAnnual report

    「Revenue in the housing equipment-related business increased 10.2% year on year to ¥14.110 billion. In addition to the contribution from the revenue of 昭和ブリッジ販売株式会社, which was made a subsidiary, sales of aluminum products increased through building-material hardware and machine-tool channels, reflecting stronger capital investment appetite against a backdrop of robust corporate earnings.」

    The full-year contribution to revenue from 昭和ブリッジ販売株式会社 following its conversion into a subsidiary was confirmed, and revenue in the housing equipment-related business increased 10.2% year on year.
  5. FY2019-Q3AdvancedAnnual report

    「In the housing equipment-related business segment, the Company acquired all shares of 昭和ブリッジ販売株式会社 on 2 July 2018 and made it a consolidated subsidiary during the third quarter. The increase in goodwill resulting from this transaction was ¥592.670 million for the cumulative third quarter.」

    Following the acquisition of all shares of 昭和ブリッジ販売株式会社, accounting consolidation progressed from the third quarter, with the company included as a consolidated subsidiary in the housing equipment-related business and ¥592.670 million in goodwill recognized.
  6. FY2019-Q2RestatedAnnual report

    「The Company acquired all shares of 昭和ブリッジ販売株式会社 on 2 July 2018. However, because 30 September 2018 was designated as the deemed acquisition date, the company was not included in the scope of consolidation for the cumulative second quarter.」

    The acquisition of all shares of 昭和ブリッジ販売株式会社 was reconfirmed as completed. Because 30 September 2018 was designated as the deemed acquisition date, the company was not included in the scope of consolidation for the cumulative second quarter.
  7. FY2019-Q1AchievedAnnual report

    「At a meeting of the Board of Directors held on 9 May 2018, the Company resolved to acquire all shares of 昭和ブリッジ販売株式会社 and make it a subsidiary, and acquired all shares on 2 July 2018 under the share transfer agreement signed on the same date.」

    The planned acquisition of all shares of 昭和ブリッジ販売株式会社 and its conversion into a subsidiary was completed on 2 July 2018. The consideration for the acquisition was ¥2.52 billion, and the percentage of voting rights acquired was 100%.
  8. FY2018First statedAnnual report

    「At a Board of Directors meeting held on 9 May 2018, the Company resolved to acquire all shares of 昭和ブリッジ販売株式会社 and make it a subsidiary, and entered into a share transfer agreement on the same day.」

    The Company resolved to acquire all shares of 昭和ブリッジ販売株式会社, which handles aluminum bridges, carts and folding hand trucks, and make it a subsidiary.
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