Integration of the FA Drive Equipment Business through the Acquisition of 日機電装
First written in FY2017. 2 of 5 entries say "Restated". Latest entry: FY2018.
12 other companies' latest entry also says "Achieved".
- FY2018AchievedAnnual report
「Following the business combination date, additional shares were acquired, bringing the voting rights ratio to 100% at the end of the fiscal year.」
Following the acquisition of Nikki Denso, the voting rights ratio was increased from 97.52% to 100%, completing its conversion into a wholly owned subsidiary. - FY2018-Q3RestatedAnnual report
「In addition, during the first quarter of the fiscal year, following the acquisition of shares in Nikki Denso Co., Ltd. (which changed its corporate name to CKD Nikki Denso Co., Ltd. on 1 June 2017), the company and its subsidiary Nikki Denso International Korea Co., Ltd. were included in the scope of consolidation.」
The post-acquisition procedure of including Nikki Denso and its Korean subsidiary in the scope of consolidation was reconfirmed in the third quarter. - FY2018-Q2RestatedAnnual report
「During the first quarter of the fiscal year, following the acquisition of shares in Nikki Denso Co., Ltd. (which changed its corporate name to CKD Nikki Denso Co., Ltd. on 1 June 2017), the company and its subsidiary Nikki Denso International Korea Co., Ltd. were included in the scope of consolidation.」
The post-acquisition procedure of including Nikki Denso and its Korean subsidiary in the scope of consolidation was reconfirmed in the second quarter. - FY2018-Q1AdvancedAnnual report
「During the first quarter of the fiscal year, following the acquisition of shares in Nikki Denso Co., Ltd. (which changed its corporate name to CKD Nikki Denso Co., Ltd. on 1 June 2017), the company and its subsidiary Nikki Denso International Korea Co., Ltd. were included in the scope of consolidation. Business combination date: 3 April 2017; voting rights acquired: 97.52%; acquisition cost: ¥439 million.」
Following the acquisition of Nikki Denso, the company and its Korean subsidiary were included in the scope of consolidation from the first quarter, and accounting and consolidation procedures for the acquisition were initiated. - FY2017First statedAnnual report
「Through the business integration, the companies are expected to address a broader range of customer needs and expand their business in global markets by selling their broad product lineups through both companies' sales networks. The companies also aim to expand the business by accelerating the development of products offering new value through the integration of their expertise.」
Nikki Denso Co., Ltd. became a subsidiary on 3 April 2017, with a voting rights ratio of 97.52%, and changed its corporate name to CKD Nikki Denso Co., Ltd. on 1 June 2017. The acquisition consideration was ¥439 million, and the objectives of the integration were the mutual use of sales networks and accelerated product development.