Strengthening smart-factory proposal capabilities by making タワーファクトリー a wholly owned subsidiary
First written in FY2017. 1 of 2 entries say "Reframed", first in FY2021-Q2. Latest entry: FY2021-Q2.
Fuji moved to the "Worse" side of this theme in 2020, 4 years before the typical company in this theme (2024).
3 other companies' latest entry also says "Reframed".
- FY2021-Q2ReframedAnnual report
「As the company disappeared through an absorption-type merger dated 24 August 2020, with the consolidated subsidiary Fuji Europe Corporation GmbH as the surviving company, it has been excluded from the scope of consolidation from the consolidated accounting period for the second quarter under review.」
The structure has changed from operating Tower Factory as an independent consolidated subsidiary to integrating it within the group through an absorption-type merger into Fuji Europe. The purpose of the merger was stated to be greater management efficiency and cost reduction. - FY2017First statedAnnual report
「In Germany, where high-mix, low-volume and variable-volume, variable-model production is the norm, we acquired 100% ownership of TF, which had built up a track record there, in order to provide better solutions for Smart Factories.」
On 29 March 2017, the company increased its voting rights in Tower Factory from 34% to 100% and completed the acquisition aimed at strengthening its ability to propose Smart Factory solutions in Germany.