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Janome (6445) · InitiativeRestated

Support structure for the household equipment business through the absorption merger of ジャノメサービス and サン・プランニング

First written in FY2023-Q1. 2 of 3 entries say "Restated". Latest entry: FY2023-Q3.

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ProgressHeldSoftenedWorseRestatedFY2023-Q1 – FY2023-Q32022: 220222023: 12023
Same theme, other companies
Functional Consolidation and Management Efficiency through the Absorption Merger of 2 Subsidiaries (7134)A theme 10 companies write about · 0 as a headwind · 10 as a tailwind

2 other companies' latest entry also says "Restated".

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  1. FY2023-Q3RestatedAnnual report

    「During the first quarter consolidated accounting period, the Company conducted an absorption-type merger in which its consolidated subsidiary Janome Service remained as the surviving company and its other consolidated subsidiary Sun Planning was dissolved. To effectively utilize the management resources held by both companies and create a structure for comprehensive support of the home equipment business following the merger, the Company changed the presentation method for the business of Janome Service, which had previously been classified in the Other segment, so that it is included in the Home Equipment Business reporting segment.」

    The Company is reconfirming the support structure for the home equipment business following the absorption-type merger of Janome Service and Sun Planning, as well as the presentation under the revised reporting segments.
  2. FY2023-Q2RestatedAnnual report

    「To effectively utilize the management resources held by both companies and create a structure for comprehensive support of the home equipment business following the absorption-type merger, the Company changed the presentation method for the business of Janome Service, which had previously been classified in the Other segment, so that it is included in the Home Equipment Business reporting segment.」

    The Company is reconfirming the structure for comprehensive support of the home equipment business following the absorption-type merger of Janome Service and Sun Planning, as well as the treatment of the business in the reporting segments.
  3. FY2023-Q1First statedAnnual report

    「During the first quarter consolidated accounting period, the Company conducted an absorption-type merger in which its consolidated subsidiary Janome Service remained as the surviving company and its other consolidated subsidiary Sun Planning was dissolved. The merger created a structure for comprehensive support of the home equipment business by effectively utilizing the management resources held by both companies」

    This was the first group-company restructuring measure to appear in FY2023-Q1. Following the absorption-type merger, the Company transitioned to a structure that uses both companies’ management resources to provide comprehensive support for the home equipment business.
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Support structure for the household equipment business through the absorption merger of ジャノメサービス and サン・プランニング | JANOME Corporation (6445) | Komori