Expansion of the Semiconductor Business and Sales Channels through the Acquisition of ヤマヤエレクトロニクス株式会社 as a Subsidiary
First written in FY2023. 3 of 6 entries say "Advanced", first in FY2024-Q2. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「As the earnings initially anticipated could no longer be expected, the carrying amount was reduced to the recoverable amount, and the resulting reduction was recognized as an impairment loss.」
It was disclosed that, in connection with the expansion of the semiconductor business through the consolidation of ヤマヤエレクトロニクス as a subsidiary, the earnings initially anticipated in the previous consolidated fiscal year could no longer be expected and an impairment loss of ¥98.425 million on goodwill was recognized. - FY2024AdvancedAnnual report
「In the electronic components business, revenue increased as a result of making ヤマヤエレクトロニクス株式会社 a subsidiary, although the business also incurred M&A expenses. Revenue was ¥1,646 million, up 1.5% year on year, while operating profit was ¥31 million, down 67.8% year on year.」
The consolidation of ヤマヤエレクトロニクス株式会社 as a subsidiary was reflected in the full-year electronic components business, which recorded revenue of ¥1,646 million. Operating profit, however, was ¥31 million, down 67.8% year on year, mainly due to M&A expenses and other factors. - FY2024-Q3AdvancedAnnual report
「Provisional accounting treatment had been applied to this business combination during the second quarter of the fiscal year, and was finalized during the third quarter. Following finalization of the provisional accounting treatment, the allocation of the acquisition cost was reviewed and reflected. Goodwill, provisionally measured at ¥111.364 million, increased by ¥4.430 million to ¥115.795 million.」
The provisional accounting treatment for the business combination involving ヤマヤエレクトロニクス株式会社 was finalized during the third quarter, and goodwill increased by ¥4.430 million from ¥111.364 million to ¥115.795 million. - FY2024-Q2AdvancedAnnual report
「The company made the target a subsidiary by acquiring its shares on 3 July 2023. Date of business combination 3 July 2023 Voting rights acquired 70% Consideration for acquisition Cash and deposits ¥280 million Acquisition cost ¥280 million」
The conversion of ヤマヤエレクトロニクス株式会社 into a subsidiary was reflected in the consolidated financial statements, advancing the expansion of the electronic components business segment. However, because the deemed acquisition date was set as 30 September 2023, only the balance sheet was consolidated for the current quarter, and the subsidiary’s results were not included. Goodwill recognized was ¥111.364 million. - FY2024-Q1AchievedAnnual report
「The company made the target a subsidiary by acquiring its shares on 3 July 2023. Date of business combination 3 July 2023 Voting rights acquired 70% Consideration for acquisition Cash and deposits ¥280 million Acquisition cost ¥280 million」
The acquisition of shares in ヤマヤエレクトロニクス株式会社 and its conversion into a subsidiary were completed on 3 July 2023, resulting in a voting rights ratio of 70% and an acquisition cost of ¥280 million. The initiative aimed at adding the semiconductor business, diversification, and synergies including sales expansion was realized. - FY2023First statedAnnual report
「At a meeting of the Board of Directors held on 25 May 2023, the company resolved to acquire shares of ヤマヤエレクトロニクス株式会社 and make it a subsidiary, and entered into a share transfer agreement on the same date. ヤマヤエレクトロニクス株式会社 is an independent semiconductor trading company that supplies semiconductors, electronic components, and various other products to domestic companies in cooperation with many business partners in major cities around the world. It has been rapidly expanding its business performance by strengthening transactions with major companies.」
The company resolved to acquire shares in a semiconductor and electronic components distributor and make it a subsidiary, with a business combination date of 3 July 2023, a voting rights ratio of 70%, and an acquisition cost of ¥280 million scheduled. The company cited the addition of the semiconductor business and business synergies, including expansion of sales channels, as part of its diversification strategy and as reasons for enhancing corporate value.