Eagle Industry (6486) · InitiativeAdvanced
Focus and concentration through the sale of the stake in Integral Corporation
First written in FY2018-Q2. 1 of 2 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2018-Q3.
2entries
2years
0from disclosures
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Same theme, other companies
Focus and concentration through the sale of the stake in Integral CorporationA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
No other company in this theme has enough history to compare yet.
Full recordFilings, disclosures and news, newest first
- FY2018-Q3AdvancedAnnual report
「Gain on sale of shares in affiliates 2,222」
A gain on the sale of shares in affiliates of ¥2,222 million was recorded during the nine-month period of the current consolidated fiscal year in connection with the agreement to sell the entire interest in インテグラル社 disclosed in the previous quarter, and progress on the sale has been reflected in the financial figures. - FY2018-Q2First statedAnnual report
「The Company's consolidated subsidiary イーグルホールディングジャーマニーGmbH entered into an agreement on 30 October 2017 to transfer its entire interest in インテグラルアキュムレータGmbH&Co.KG, an equity-method affiliate, referred to below as インテグラル社.」
An agreement was concluded to sell the entire interest in インテグラル社 in order to use management resources more efficiently by focusing on core businesses. The sale was scheduled for the end of November 2017, with a sale price of €28 million and an expected extraordinary gain of approximately ¥2.1 billion. The post-sale ownership interest was expected to be zero.