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Sinfonia Technology (6507) · InitiativeAdvanced

Independence of the Clean Transfer Systems Business and Change of Business Name Following Organizational Restructuring

First written in FY2023-Q3. 2 of 4 entries say "Restated". Latest entry: FY2024.

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ProgressHeldSoftenedWorseRestatedFY2023-Q3 – FY2024-Q22023: 320232024: 12024
Same theme, other companies
Separation of the Clean Transfer Systems business and change from 3 to 4 reportable segmentsA theme 1 companies write about · 0 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2024AdvancedAnnual report

    「As of 1 April 2024, Sinfonia Engineering Co., Ltd. absorbed S&S Engineering Co., Ltd. through a statutory merger.」

    The engineering companies were consolidated through an absorption-type merger on 1 April 2024, with Sinfonia Engineering as the surviving company and S&S Engineering as the absorbed company.
  2. FY2024-Q2RestatedAnnual report

    「Following the organizational restructuring implemented on 1 October 2022, the Clean Transportation Systems Business, previously included in the Power Electronics Equipment Business, is presented as a reporting segment. The Support & Engineering Business has been renamed the Engineering & Services Business. As a result, the reporting segments changed from the previous 3 categories—Motion Equipment Business, Power Electronics Equipment Business, and Support & Engineering Business—to 4 categories: Motion Equipment Business, Power Electronics Equipment Business, Clean Transportation Systems Business, and Engineering & Services Business.」

    The company continues to report the change to 4 reporting segments following the organizational restructuring on 1 October 2022, as well as the renaming of the business to Engineering & Services Business.
  3. FY2024-Q1RestatedAnnual report

    「Following the organizational restructuring implemented on 1 October 2022, the Clean Transportation Systems Business, previously included in the Power Electronics Equipment Business, is presented as a reporting segment. The Support & Engineering Business has also been renamed the Engineering & Services Business. As a result, the reporting segments changed from the previous 3 categories—Motion Equipment Business, Power Electronics Equipment Business, and Support & Engineering Business—to 4 categories: Motion Equipment Business, Power Electronics Equipment Business, Clean Transportation Systems Business, and Engineering & Services Business.」

    The company continues to report the change to 4 reporting segments following the organizational restructuring on 1 October 2022, as well as the renaming of the business to Engineering & Services Business. Comparative figures for the same period of the previous year have also been recast to reflect the revised classification.
  4. FY2023-Q3First statedAnnual report

    「Beginning with the third quarter of the current consolidated accounting period, the Clean Transportation Systems Business, which had previously been included in the Power Electronics Equipment Business, is presented as a reporting segment following the organizational restructuring implemented on 1 October 2022. The Support & Engineering Business has also been renamed the Engineering & Services Business.」

    Following the organizational restructuring on 1 October 2022, the Clean Transportation Systems Business, previously included in the Power Electronics Equipment Business, was separated as an independent reporting segment, and the Support & Engineering Business was renamed the Engineering & Services Business. The reporting segments changed from the previous 3 categories to 4, and comparative figures for the same period of the previous year were recast to reflect the revised classification.
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