Strengthening the Core Business by Making テンパール工業 a Subsidiary
First written in FY2024-Q3. 2 of 4 entries say "Advanced", first in FY2025. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「The company is also pursuing value creation with テンパール工業株式会社, a Group company, by making maximum use of the technologies that the two companies have developed over many years.」
Following the acquisition of テンパール工業 as a subsidiary, the company has moved into a phase of pursuing value creation and strengthening QCD by leveraging its technology and manufacturing expertise. - FY2025AdvancedAnnual report
「The additional acquisition represented 29.43% of voting rights, bringing the total voting rights ratio to 86.56%.」
Following the acquisition of テンパール工業 as a subsidiary, the company acquired an additional 29.43% from non-controlling shareholders, raising its voting rights ratio to 86.56%. - FY2025-H1AchievedAnnual report
「The company signed a share transfer agreement on 31 January 2024 to acquire part of the shares of テンパール工業株式会社 and acquired the shares on 30 April 2024. As a result of the acquisition, the company became a consolidated subsidiary. On 30 April 2024 and 10 May 2024, the company additionally acquired shares of テンパール工業株式会社, a consolidated subsidiary, from its non-controlling shareholders. The additional acquisition represented 17.34% of voting rights, bringing the total voting rights ratio to 74.47%.」
The company completed its acquisition of shares in テンパール工業 on 30 April 2024, making it a consolidated subsidiary, and subsequently acquired an additional 17.34%, raising its voting rights ratio to 74.47%. The acquisition cost was initially ¥2,827 million, with an additional acquisition cost of ¥858 million, establishing a concrete ownership and collaboration platform for strengthening the core business. - FY2024-Q3First statedAnnual report
「The company decided on 31 January 2024 to acquire shares of テンパール工業株式会社 and make it a subsidiary. A share transfer agreement was signed on the same date, and the acquisition date was scheduled for 30 April 2024.」
The company decided to acquire shares of テンパール工業 and make it a subsidiary, and disclosed the scheduled acquisition date of 30 April 2024, an acquisition voting rights ratio of 57.13%, and an acquisition cost of ¥2,827 million. It aims to strengthen its core business, jointly develop and commercialize products, and establish a collaborative framework for design, development, and production by leveraging its expertise in wiring circuit breakers, earth-leakage circuit breakers, and residential distribution boards.