Integration of Sales and Manufacturing Operations through the Absorption-Type Merger of a Sales Company and its Manufacturing Subsidiary
First written in FY2020-Q3. 1 of 3 entries say "Achieved", first in FY2020. Latest entry: FY2021-Q1.
No other company in this theme has enough history to compare yet.
- FY2021-Q1RestatedAnnual report
「With respect to changes in major affiliates, 新晃空調工業㈱ and 三井鉄工㈱, which were classified within the Japan segment, disappeared through an absorption merger effective 1 April 2020, with the company as the surviving entity, and were therefore excluded from the scope of consolidation.」
The company has reconfirmed that its 2 manufacturing subsidiaries were excluded from the scope of consolidation as a result of the absorption merger effective 1 April 2020. - FY2020AchievedAnnual report
「On 1 April 2020, the company completed the absorption merger of its wholly owned subsidiaries 新晃空調工業㈱ and 三井鉄工㈱.」
The absorption merger of the company, which operated the sales business, and its 2 manufacturing subsidiaries became effective on 1 April 2020, integrating manufacturing and sales. - FY2020-Q3First statedAnnual report
「At a Board of Directors meeting held on 18 December 2019, the company resolved to absorb-merge its wholly owned subsidiaries 新晃空調工業株式会社 and 三井鉄工株式会社 and entered into merger agreements on the same date.」
The company newly disclosed a measure to integrate the sales business operated by the company and the manufacturing business operated by 新晃空調工業株式会社 and 三井鉄工株式会社 into an integrated manufacturing-and-sales organization, thereby strengthening operating efficiency and the business base. The effective date of the merger was 1 April 2020.