AI MECHATEC's acquisition as a wholly owned subsidiary of the company established to take over Tokyo Ohka Kogyo's process equipment business
First written in FY2023-Q1. 1 of 2 entries say "Achieved", first in FY2023-Q3. Latest entry: FY2023-Q3.
0 other companies' latest entry also says "Achieved".
- FY2023-Q3AchievedAnnual report
「Business combination date: 1 March 2023 Legal form of the business combination: Acquisition of shares for cash consideration Voting rights acquired: 100%」
The Company acquired 100% of the shares of the process equipment business preparation company established by TOKYO OHKA KOGYO CO.,LTD. for cash consideration on 1 March 2023 and absorbed it through a merger on the same date. The transaction progressed from the previously scheduled acquisition to completion of the acquisition and merger. - FY2023-Q1First statedAnnual report
「At a meeting of the Board of Directors held on 26 September 2022, the Company resolved to acquire all shares in the company to be newly established as a wholly owned subsidiary by TOKYO OHKA KOGYO CO.,LTD. (hereinafter, “TOK”) to prepare for the succession of its manufacturing business through an absorption-type company split. The share transfer agreement for this acquisition was concluded on 26 September 2022. Business combination date: 1 March 2023 (scheduled) Voting rights acquired: 100%」
An agreement was concluded to acquire all shares in the company to be established by TOKYO OHKA KOGYO CO.,LTD. to prepare for the business succession. The plan was to acquire 100% of the process equipment manufacturing business, including manufacturing equipment for semiconductors and displays, for cash consideration, with the business combination scheduled for 1 March 2023.