Acquisition of the design solutions business through the acquisition of ECAD Solutions
First written in FY2018-Q2. 2 of 5 entries say "Cited as achieved", first in FY2018. Latest entry: FY2019.
No other company in this theme has enough history to compare yet.
- FY2019AdvancedAnnual report
「In addition, coordination between the ECAD Series electrical design CAD system of 株式会社ＥＣＡＤソリューションズ, established in December 2017, and Cabista, our web system for creating hole-processing drawings for cabinets, began in April 2019.」
As a post-acquisition initiative involving ECADソリューションズ, coordination between its CAD system and our cabinet drawing creation system has begun. - FY2019-Q2Cited as achievedAnnual report
「In the Parts and Other segment, sales of parts for switchboards and thermal equipment increased as sales of switchboards and cabinets remained firm. In addition, 株式会社ＥＣＡＤソリューションズ, which became a subsidiary from the third quarter of the previous fiscal year, contributed to higher sales. As a result, net sales increased 22.2% year on year to ¥3,061 million.」
ECADソリューションズ, following its acquisition, continued to contribute to higher sales in the Parts and Other segment during the cumulative second quarter period. - FY2018Cited as achievedAnnual report
「As 株式会社ＥＣＡＤソリューションズ, which was made a subsidiary during the fiscal year under review, contributed to higher sales, net sales increased 10.2% year on year to ¥5,433 million.」
Following completion of the acquisition of ECADソリューションズ, the company reported that it had contributed to higher sales in the switchboard-related manufacturing business. - FY2018-Q3AchievedAnnual report
「Business combination date: 1 December 2017 (share acquisition date)」
Pursuant to the agreement signed on 13 September 2017, the acquisition of all shares of ECADソリューションズ was completed on 1 December 2017. The voting rights acquired represented 100%, bringing the business of CAD systems dedicated to electrical and harness design into the Group. - FY2018-Q2First statedAnnual report
「On 13 September 2017, we entered into a share transfer agreement with Wacom Co.,Ltd. to acquire all shares of the company that would succeed to Wacom’s engineering solutions business through an incorporation-type company split, hereinafter referred to as “株式会社ECADソリューションズ.” The incorporation-type company split date and share acquisition date were scheduled for 1 December 2017. Voting rights acquired: 100%. Through this acquisition of shares, we determined that combining the management resources and business expertise of both companies in the design and manufacturing of distribution boards and control panels would enable us to provide customers with services offering greater added value, and decided to proceed with the acquisition.」
A share transfer agreement was signed on 13 September 2017, with the acquisition of all shares of 株式会社ECADソリューションズ scheduled for 1 December 2017. The company’s development and sales business for dedicated CAD systems for electrical and harness design will be incorporated, with the aim of providing high-value-added services through integration with the design and manufacturing fields for distribution boards and control panels.