Accelerating Growth and Optimizing Management Resources Through the Absorption-Type Company Split of the Industrial Machinery Business
First written in FY2019-Q3. 3 of 5 entries say "Restated". Latest entry: FY2020.
9 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「As part of its domestic initiatives, from the current consolidated fiscal year the Company has transferred the industrial machinery division of its subsidiary マルヤマエクセル株式会社 to the Company and has actively worked to expand sales by leveraging its nationwide sales and service networks.」
The Company continues to describe its efforts to leverage its nationwide sales and service networks on the basis that the absorption-type company split and business transfer of the industrial machinery business have been completed. - FY2020-Q3RestatedAnnual report
「In Japan, from the current fiscal year, we transferred the industrial machinery division of a subsidiary to the Company and worked proactively to expand sales by leveraging our nationwide sales and service networks.」
The Company continues to state that it is leveraging its nationwide sales and service networks on the basis that the business transfer of the subsidiary's industrial machinery division has been completed. - FY2020-Q2RestatedAnnual report
「In Japan, from the current fiscal year, we transferred the industrial machinery division of a subsidiary to the Company and worked proactively to expand sales by leveraging our nationwide sales and service networks.」
The Company continues to state that it is leveraging its nationwide sales and service networks on the basis that the business transfer of the subsidiary's industrial machinery division has been completed. - FY2020-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 8 July 2019, the Company resolved to assume, through an absorption-type company split effective 1 October 2019, the business of its wholly owned subsidiary マルヤマエクセル株式会社 relating to the manufacture and sale of industrial machinery, and entered into an absorption-type company split agreement on 16 July 2019. Under this agreement, the Company assumed the business from マルヤマエクセル through the absorption-type company split effective 1 October 2019.」
The planned absorption-type company split was completed on 1 October 2019, and the Company assumed the industrial machinery business. Accelerating growth, strengthening competitiveness and optimizing management resources are described as future objectives. - FY2019-Q3First statedAnnual report
「The absorption-type company split is being carried out to accelerate growth in the industrial machinery business and improve profitability by leveraging the Company's comprehensive capabilities and brand strength. Through this absorption-type company split, the Company aims to strengthen its competitiveness in the growing industrial machinery market, optimize management resources across the Group, and expand its business scale and comprehensive capabilities.」
The plan to assume the manufacturing and sales business for industrial machinery from the wholly owned subsidiary マルヤマエクセル through an absorption-type company split, with 1 October 2019 as the scheduled effective date, is described for the first time. The objectives are to leverage the Company's comprehensive capabilities and brand strength, strengthen competitiveness, optimize management resources, and expand the business scale.