Nidec (6594) · InitiativeAchieved
Accelerating Traction Motor Development by Making Nidec Elesys a Wholly Owned Subsidiary
First written in FY2020-Q3. 1 of 2 entries say "Achieved", first in FY2020. Latest entry: FY2020.
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Accelerating Traction Motor Development by Making Nidec Elesys a Wholly Owned SubsidiaryA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2020AchievedAnnual report
「2. Effective date of the share exchange: 1 February 2020」
The effective date of the share exchange to make Nidec Elesys a wholly owned subsidiary was reached, and the transaction progressed from the planning stage to completion of execution. - FY2020-Q3First statedAnnual report
「Through this share exchange, the company aims to make Nidec Elesys a wholly owned subsidiary, strengthen synergies between the two companies, accelerate development in the traction motor business, which is currently the Group's most important strategic product business, and further enhance the corporate value of the Group as a whole. 2. Effective date of the share exchange: 1 February 2020」
The company signed an agreement to make Nidec Elesys a wholly owned subsidiary through a share exchange, with the aim of accelerating development in the traction motor business and strengthening Group synergies.