Expansion of the Licensed Nursery School Business Through the Acquisition of 東京建物キッズ株式会社
First written in FY2023-Q2. 2 of 4 entries say "Restated". Latest entry: FY2024-Q1.
2 other companies' latest entry also says "Restated".
- FY2024-Q1RestatedAnnual report
「As a specific measure to expand the business, on 18 April 2023 the company entered into a share transfer agreement to acquire all shares of Ohayō Kids Co., Ltd. (formerly Tokyo Tatemono Kids Co., Ltd.), which operates primarily licensed daycare centers in Tokyo, an area of focus for the group, and made it a wholly owned subsidiary effective 1 June of the same year.」
The company has continued to disclose the acquisition of all shares of Ohayō Kids and its conversion into a wholly owned subsidiary as a measure implemented to expand the business. - FY2023RestatedAnnual report
「June 2023 Acquired all shares of Ohayō Kids Co., Ltd. (formerly Tokyo Tatemono Kids Co., Ltd.) and made it a wholly owned subsidiary The number of facilities operated by the group increased to 188」
The acquisition of all shares of Ohayō Kids and the addition of 17 facilities to the group have also been confirmed in the annual report's corporate history and business description. - FY2023-Q3AchievedAnnual report
「As a specific measure to expand the business, on 18 April 2023 the group entered into a share transfer agreement to acquire all shares of Ohayō Kids Co., Ltd. (formerly Tokyo Tatemono Kids Co., Ltd.), which operates primarily licensed daycare centers in Tokyo, an area of focus for the group, and made it a wholly owned subsidiary effective 1 June.」
Based on the agreement to acquire all shares of Tokyo Tatemono Kids Co., Ltd., the company made it a wholly owned subsidiary effective 1 June 2023 and changed its name to Ohayō Kids Co., Ltd. 17 facilities were added to the group. - FY2023-Q2First statedAnnual report
「At a meeting of its Board of Directors held on 18 April 2023, the company resolved to acquire all issued shares of Tokyo Tatemono Kids Co., Ltd. and make it a subsidiary, and entered into a share transfer agreement on the same date.」
The company decided to acquire all shares of Tokyo Tatemono Kids Co., Ltd., with 1 June 2023 as the business combination date. The voting rights acquired will represent 100%, and the acquisition cost is ¥370 million. The objectives are to expand the licensed daycare business in Tokyo and surrounding areas, improve productivity by streamlining certain head-office functions, and achieve growth amid slowing demand for new facilities.