Expansion in painting and sealing through synergies with Doolim Robotics
First written in FY2016. 3 of 4 entries say "Advanced", first in FY2017. Latest entry: FY2023-Q1.
No other company in this theme has enough history to compare yet.
- FY2023-Q1AdvancedAnnual report
「In addition to these developments, the impact of newly consolidating Doolim-Yaskawa, a systems manufacturer of painting and sealing robots, contributed to year-on-year increases in both revenue and operating profit.」
For Doolim-Yaskawa, the process advanced from the stage of acquiring additional shares to the stage where the impact of its new consolidation emerged as a factor behind higher revenue and operating profit in the robotics segment. - FY2022AdvancedAnnual report
「The breakdown of gains and losses on sales and valuation of investments in associates for the fiscal year consisted of a gain on a step acquisition arising from the additional acquisition of shares in Doolim-Yaskawa Co., Ltd., formerly an equity-method associate.」
For Doolim-Yaskawa, the process advanced from the initial partial acquisition to the stage of acquiring additional shares. - FY2017AdvancedAnnual report
「We acquired part of the shares of Doolim Robotics in Korea and worked to strengthen our business in the painting and sealing robot systems field.」
The partial acquisition of shares in Doolim Robotics was completed, marking progress in strengthening the painting and sealing robot systems business. - FY2016First statedAnnual report
「We believe that our Company and Yaskawa Electric Korea Corporation can generate synergies with Doolim Robotics, which has a strong track record of supplying robot products, with the aim of establishing a business in the painting and sealing robot systems market. The share acquisition was scheduled to be completed after late June 2016.」
The Korean subsidiary signed an agreement to acquire part of the shares of Doolim Robotics, with completion of the acquisition scheduled.