Strengthening Business Relationships Through Investments in SANKI SERVICE CORPORATION
First written in FY2021. 9 of 19 entries say "Advanced", first in FY2023. Latest entry: 2026-10-14.
The whole theme swung hardest in 2019: 18 of 135 companies on the "Worse" side.
- FY2027-H1ReframedAnnual report
「At meetings of their respective boards of directors held on 15 July 2026, the company and SANKI SERVICE CORPORATION resolved to implement a share exchange in connection with their business integration, with the company becoming the wholly owning parent company in the share exchange, as defined in Article 767 of the Companies Act as the "company acquiring all issued shares," and SANKI SERVICE CORPORATION becoming the wholly owned subsidiary in the share exchange, as defined in Article 768, paragraph 1, item 1 of the Companies Act as the "company implementing the share exchange." The companies entered into a business integration agreement and a share exchange agreement on 15 July 2026.」
The relationship with SANKI SERVICE CORPORATION has developed from conventional cross-shareholdings into a business integration and the conversion of SANKI SERVICE CORPORATION into a wholly owned subsidiary, with 1 December 2026 as the effective date. In addition to the 9.77% voting interest already held, the company plans to acquire the remaining 90.23%, bringing its voting interest after the integration to 100%, and plans to issue 11,179,572 shares. The company states that combining the technical capabilities of more than 300 engineers with its group’s platform operation capabilities for reception, dispatch and project management for multi-location customers will expand its customer base and share of customers’ business and broaden services to include renewals, preventive maintenance and energy-saving proposals. - FY2026AdvancedAnnual report
「Stocks whose number of shares increased during the fiscal year Stocks other than unlisted stocks 1 471,377 To strengthen business relationships」
To strengthen business relationships, the company additionally acquired 1 cross-held stock at an acquisition cost of ¥471.377 million. Its holdings of SANKI SERVICE CORPORATION increased from 330,000 shares in the previous fiscal year to 630,000 shares. - FY2025AdvancedAnnual report
「Stocks whose number of shares increased during the fiscal year Stocks other than unlisted stocks 1 124,701 To strengthen business relationships」
To strengthen business relationships, the company additionally acquired 1 cross-held stock at an acquisition cost of ¥124.701 million. Its holdings of SANKI SERVICE CORPORATION increased from 214,000 shares in the previous fiscal year to 330,000 shares. - FY2024Sold 1 strategic shareholdingAnnual report
「Stocks whose number of shares decreased during the fiscal year Stocks other than unlisted stocks 1 125,354」
The company sold 1 cross-held stock and recorded disposal proceeds of ¥125.354 million. At the end of the fiscal year, the designated investment stocks consisted of ATOM CORPORATION and SANKI SERVICE CORPORATION. - FY2024-Q2Sale of Investment SecuritiesAnnual report
「Proceeds from the sale of investment securities were ¥125 million.」
The company recorded ¥125 million in proceeds from the sale of investment securities. In contrast to the theme of acquiring cross-shareholdings to strengthen existing business relationships, a sale transaction was disclosed during the quarter. - FY2023AdvancedAnnual report
「KITAZAWA SANGYO CO.,LTD. 403,500 – Strengthening business relationships」
To strengthen its business relationship, the company newly acquired 403,500 shares of KITAZAWA SANGYO CO.,LTD. and holds them as cross-shareholdings together with its existing 180,000 shares of SANKI SERVICE CORPORATION and other holdings. - FY2022RestatedAnnual report
「SANKI SERVICE CORPORATION 180,000 Strengthening business relationships」
The company has reaffirmed its holding of 180,000 shares of SANKI SERVICE CORPORATION to strengthen its business relationship. - FY2021First statedAnnual report
「SANKI SERVICE CORPORATION 180,000 – Strengthening business relationships」
The company acquired 180,000 shares of SANKI SERVICE CORPORATION to strengthen its business relationship and recorded them as investment securities.