Komori
Smc (6273) · InitiativeAdvanced

Establishment of a Holding Company and Sales Management Company in China

First written in FY2021-Q3. 1 of 3 entries say "Achieved", first in FY2021. Latest entry: FY2025.

3entries
5years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseAchievedFY2021 – FY20252021: 220212022: 020222023: 020232024: 020242025: 12025
Same theme, other companies
Group Growth Strategy, Optimal Allocation of Management Resources and Maximization of SynergiesA theme 80 companies write about · 0 as a headwind · 85 as a tailwind

31 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 80 companies compared. The sentences above are computed from all 80.
Full recordFilings, disclosures and news, newest first
  1. FY2025AdvancedAnnual report

    「During the current fiscal year, SMC Automation (Guangzhou) Ltd. was eliminated through a merger with SMC Automation China Co., Ltd. and was therefore excluded from the scope of consolidation.」

    The restructuring of the China business progressed to the stage at which SMC Guangzhou was eliminated through a merger with the sales management company SMC中国 and excluded from the scope of consolidation.
  2. FY2021AchievedAnnual report

    「From the current fiscal year, the company has included the two newly established companies, SMC Investment Management China Co., Ltd. (specified subsidiary; abbreviated as “SMC投資管理”) and SMC Automation China Co., Ltd. (abbreviated as “SMC中国”), in the scope of consolidation.」

    The company established a holding company and a sales management company in China and restructured its subsidiaries, adding both companies to the scope of consolidation from the current fiscal year. The plan announced in the previous fiscal year to make them specified subsidiaries and include them in the scope of consolidation in the fourth quarter of the fiscal year ending March 2021 was implemented.
  3. FY2021-Q3First statedAnnual report

    「In China, the company newly established the holding company SMC投資管理有限公司 and the sales management company SMC自動化有限公司 and is restructuring its subsidiaries. In the fourth quarter of the fiscal year ending March 2021, the two companies are scheduled to become specified subsidiaries of the company and be included in the scope of consolidation.」

    As part of the restructuring of its China business, the company newly established a holding company and a sales management company. It indicated that the companies were scheduled to become specified subsidiaries and be included in the scope of consolidation in the fourth quarter of the fiscal year ending March 2021.
Moved together

"Stable Dividends and Flexible Share Repurchases" moved the same way as this thread, in the same document, in 2 of its 3 moves.

22★12
  1. ★This thread
  2. 1Stable Dividends and Flexible Share Repurchases2×
  3. 2Reviewing the Rationale for Policy Shareholdings and Deciding on Reductions2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Smc yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Establishment of a Holding Company and Sales Management Company in China | SMC CORPORATION (6273) | Komori