Strengthening the profitability of overseas operations through a Vietnamese joint venture
First written in FY2019. 2 of 7 entries say "Restated". Latest entry: FY2021-Q3.
No other company in this theme has enough history to compare yet.
- FY2021-Q3AchievedAnnual report
「SANKI-SONADEZI JOINT STOCK COMPANY (サンキ-ソナデジ株式会社) has been excluded from the scope of consolidation from the third quarter of the consolidated accounting period because its liquidation had been completed.」
The liquidation of the Vietnamese joint venture, which had been established and consolidated to expand the earnings capacity of the overseas business, was completed, bringing the previous initiative to an end. - FY2021-Q2DroppedAnnual report
「At a meeting of the Board of Directors held on 17 August 2020, the Company resolved to dissolve and liquidate its consolidated subsidiary, SANKI-SONADEZI JOINT STOCK COMPANY (サンキ-ソナデジ株式会社), which is currently undergoing liquidation proceedings.」
Liquidation procedures for the Vietnamese joint venture, which had been established and consolidated to expand the earnings capacity of the overseas business, are ongoing. In connection with the liquidation, the Company also recognized a loss on the disposal of a subsidiary of ¥15.3 million. - FY2021-Q1DroppedAnnual report
「At a meeting of the Board of Directors held on 17 August 2020, the Company resolved to dissolve and liquidate its consolidated subsidiary, SANKI-SONADEZI JOINT STOCK COMPANY (サンキ-ソナデジ株式会社), which is currently undergoing liquidation proceedings.」
The dissolution and liquidation of the Vietnamese joint venture, which had been established and consolidated to expand the earnings capacity of the overseas business, were approved, and the previous initiative entered its final stage. - FY2020-Q3RestatedAnnual report
「From the first quarter of the consolidated accounting period, the newly established SANKI-SONADEZI JOINT STOCK COMPANY (サンキ-ソナデジ株式会社) has been included in the scope of consolidation.」
The Company continues to operate the Vietnamese joint venture as a consolidated subsidiary from the first quarter. - FY2020-Q2RestatedAnnual report
「From the first quarter of the consolidated accounting period, the newly established SANKI-SONADEZI JOINT STOCK COMPANY (サンキ-ソナデジ株式会社) has been included in the scope of consolidation.」
The Company continues to operate the Vietnamese joint venture as a consolidated subsidiary from the first quarter. - FY2020-Q1AdvancedAnnual report
「During the first quarter of the current consolidated fiscal year, the Company established the joint venture SANKI-SONADEZI JOINT STOCK COMPANY (サンキ-ソナデジ株式会社) with Vietnam’s Sonadezi Giang Dien company to expand the earnings potential of its overseas business, and included it in the scope of consolidation.」
Following the establishment of the joint venture with the Vietnamese company, it moved into the operational stage of incorporating it as a consolidated subsidiary from the first quarter. - FY2019First statedAnnual report
「The company is a group company of a developer owned by Dong Nai Province, and will seek to expand earnings through synergies with our maintenance and energy-saving businesses.」
The Company disclosed for the first time a measure to establish SANKI-SONADEZI JOINT STOCK COMPANY through a joint venture with ソナデジジャンディェン社 and expand earnings through synergies with its maintenance and energy-saving businesses.