Integration with the Luxury Bus Business through the Absorption-Type Merger of FLUSSO Co., Ltd.
First written in FY2022. 2 of 3 entries say "Achieved", first in FY2023-Q3. Latest entry: FY2023.
88 other companies' latest entry also says "Achieved".
- FY2023AchievedAnnual report
「FLUSSO株式会社 was established as a company capable of consistently designing, engineering and manufacturing both luxury faucets and bathtubs in Japan and overseas.” “Absorption merger structure in which the Company is the surviving company and FLUSSO株式会社 is the absorbed company」
Through the absorption merger dated 1 October 2022, the luxury bathtub business was integrated into the Company, strengthening coordination with existing sales channels, consolidating management resources and improving operating efficiency. - FY2023-Q3AchievedAnnual report
「1 October 2022 Absorption merger structure in which the Company is the surviving company and FLUSSO株式会社, a consolidated subsidiary of the Company, is the absorbed company」
The absorption merger of FLUSSO株式会社 was completed on 1 October 2022, and the company ceased to exist and was removed from the scope of consolidation. The integration phase, intended to strengthen coordination with the luxury bathtub business, consolidate management resources, improve operating efficiency and accelerate decision-making, was completed. - FY2022First statedAnnual report
「At a meeting of the Board of Directors held on 18 April 2022, the Company resolved to absorb FLUSSO株式会社, its wholly owned subsidiary, by way of an absorption merger effective 1 October 2022, and entered into a merger agreement on the same date.」
The Company presented for the first time a plan to move from operating FLUSSO as a separate wholly owned subsidiary to integrating it through the absorption merger dated 1 October 2022, thereby strengthening coordination with existing sales channels, consolidating management resources, improving operating efficiency and accelerating decision-making.