Absorption-Type Merger of 明電商事株式会社 and Consolidation of ICT-Related Businesses
First written in FY2024-Q2. 1 of 2 entries say "Achieved", first in FY2025-H1. Latest entry: FY2025-H1.
The whole theme swung hardest in 2025: 8 of 38 companies on the "Worse" side.
3 other companies' latest entry also says "Achieved".
- FY2025-H1AchievedAnnual report
「The company absorbed and merged Meiden Shoji Co., Ltd. during the previous consolidated fiscal year. Accordingly, beginning with the current interim consolidated accounting period, the company's business that had been included in “Other” through the previous consolidated fiscal year has been allocated among the Power Infrastructure Business, Social Systems Business, and Industrial Electronics Mobility Business segments according to its nature.」
The absorption-type merger of 明電商事 planned in the previous consolidated fiscal year was completed, and the reorganization of the company's business segments was implemented from the current interim consolidated accounting period. - FY2024-Q2First statedAnnual report
「To achieve this, we determined that further strengthening of the sales structure and the concentration and greater efficiency of management resources were essential. We therefore decided to absorb and merge Meiden Shoji, our sales subsidiary, and integrate its functions. At the same time as this merger, Meiden Shoji's ICT-related business will be transferred through a company split and consolidated within Meiden System Solutions, our wholly owned subsidiary responsible for the ICT-related business.」
The company first disclosed plans to absorb 明電商事 through a merger effective 1 January 2024 to strengthen its sales structure and concentrate and improve the efficiency of management resources, and to consolidate its ICT-related business within 明電システムソリューション株式会社 through a company split.