Strengthening technological capabilities through entry into the electrical contacts market and business succession
First written in FY2018-Q1. 1 of 2 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2018-Q2.
No other company in this theme has enough history to compare yet.
- FY2018-Q2AchievedAnnual report
「On 1 October 2017, 日本電産サンキョー株式会社, a subsidiary of the Company, completed the succession to all of 東京丸善工業株式会社's business through a company split via a newly established subsidiary of 日本電産サンキョー株式会社 (hereinafter, 東京丸善工業㈱), referred to below as the "Transaction."」
The succession to 東京丸善工業's electrical contact materials, rivet contacts, and contact assembly press-processing businesses was completed on 1 October 2017. It was disclosed as a subsequent event after the quarter-end. - FY2018-Q1First statedAnnual report
「To address the rapidly expanding electrical contacts market, we will seek to further improve profitability by strengthening the proprietary materials development technologies, production technologies and production capabilities held by each company through this business succession. The transaction will be funded with internal funds, and the business succession is scheduled to take place around 1 October 2017.」
For the first time, describes a plan under which 日本電産サンキョー would succeed to all of 東京丸善工業's business through a newly established subsidiary via a company split, with the aim of addressing the electrical contacts market and strengthening materials and production technologies and production capabilities.