Restructuring of the Domestic Production System
First written in FY2016. 2 of 4 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2024.
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- FY2024AdvancedAnnual report
「In addition, effective 1 April 2024, the Company completed an absorption-type merger with ㈱ピーエムティー.」
The Company completed the absorption-type merger with ピーエムティー, a subsidiary engaged in the manufacture and sale of dies, effective 1 April 2024, and proceeded with the reorganisation of its domestic businesses and production system. - FY2017AchievedAnnual report
「Based on a resolution of the Board of Directors dated 14 March 2016, the Company completed an absorption-type merger with its wholly owned subsidiary 株式会社ピーエスティー, effective 1 October 2016.」
As part of the reorganisation of the domestic production system, the Company completed the absorption-type merger with 株式会社ピーエスティー on 1 October 2016, thereby consolidating and reorganising the metal stamping business and promoting more efficient use of management resources. - FY2017-Q3AdvancedAnnual report
「Based on a resolution of the Board of Directors dated 14 March 2016, the Company completed an absorption-type merger with its wholly owned subsidiary 株式会社ピーエスティー, effective 1 October 2016.」
As part of the reorganisation of the domestic production system, the Company completed the absorption-type merger with 株式会社ピーエスティー on 1 October 2016. The merger was intended to consolidate and reorganise the metal stamping business, use management resources more efficiently, and strengthen the parts supply system. - FY2016First statedAnnual report
「These are impairment losses on property, plant and equipment and special retirement allowances expected to arise in connection with the absorption-type merger of a consolidated subsidiary as part of the reorganisation of the domestic production system.」
The Group disclosed the absorption-type merger of a subsidiary in connection with the reorganisation of the domestic production system, together with related impairment losses on property, plant and equipment and special retirement allowances, as extraordinary losses.