Stabilizing and strengthening earnings through the organizational restructuring of the maintenance business
First written in FY2019-Q3. 3 of 6 entries say "Restated". Latest entry: FY2021.
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- FY2021AdvancedAnnual report
「On 1 November 2020, 化工機プラント環境エンジ株式会社 changed its trade name to 三菱化工機アドバンス株式会社. On the same date, the Company subscribed to a rights offering of shares by that company, increasing its stated capital to ¥320 million.」
Following the organizational restructuring in April 2019, the subsidiary’s trade name was changed and a rights offering of shares was carried out, advancing the development of the Group’s management structure. - FY2020-Q3RestatedAnnual report
「The Group also implemented organizational restructuring involving the Company, 化工機プラント環境エンジ㈱ and ㈱菱化製作所 on 1 April 2019.」
The organizational restructuring dated 1 April 2019, aimed at strengthening the maintenance business and optimizing management resources, has been reconfirmed as a completed measure. - FY2020-Q2RestatedAnnual report
「There have been no material changes in the businesses conducted by the Group, comprising the Company and its affiliates. The Group also implemented organizational restructuring involving the Company, 化工機プラント環境エンジ㈱ and ㈱菱化製作所 on 1 April 2019.」
The completion of the organizational restructuring dated 1 April 2019 has been reconfirmed. - FY2020-Q1RestatedAnnual report
「On 1 April 2019, the Group implemented organizational restructuring involving the Company, 化工機プラント環境エンジ㈱ and ㈱菱化製作所.」
The organizational restructuring dated 1 April 2019 was confirmed as having been completed in the quarterly securities report. The report also stated that 菱化製作所 was excluded from the scope of consolidation following its absorption merger. - FY2019AchievedAnnual report
「On 1 April 2019, the Group implemented the following organizational restructuring involving the Company, 化工機プラント環境エンジ㈱ and ㈱菱化製作所.」
On 1 April 2019, the Company carried out an absorption-type company split of the oil purifier sales business, an absorption merger of 菱化製作所, and an absorption-type company split of the after-sales service business, with the aim of strengthening the maintenance business and optimizing management resources. - FY2019-Q3First statedAnnual report
「To further strengthen the Group’s maintenance business and optimize management resources within the Group, thereby stabilizing and enhancing profitability across the Group, the Company, 化工機プラント環境エンジ株式会社 (the “KPEC”), and 株式会社菱化製作所 (the “Ryoka”) have decided to implement the following organizational restructuring.」
To consolidate the entities responsible for the maintenance business within the Group, the Company plans to carry out an absorption-type company split of Ryoka’s oil purifier sales business, an absorption merger of Ryoka by KPEC, and an absorption-type company split transferring the after-sales service business of the Company’s construction and plant business to KPEC. The effective date is scheduled for 1 April 2019.