Nitto Kogyo (6651) · InitiativeWorsened
Expansion into Vietnam’s Information and Communications Market through SAO NAM AN
First written in FY2020. 1 of 2 entries say "Worsened", first in FY2022. Latest entry: FY2022.
2entries
3years
0from disclosures
How it moved
Same theme, other companies
Expansion into Vietnam’s Information and Communications Market through SAO NAM ANA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
No other company in this theme has enough history to compare yet.
Full recordFilings, disclosures and news, newest first
- FY2022WorsenedAnnual report
「As the expected excess earning power of SAO NAM AN TRADING SERVICE CORPORATION, a consolidated subsidiary of the company, could no longer be realized, the carrying amount of goodwill was reduced to its recoverable amount, and the resulting reduction of ¥283 million was recognized as an impairment loss under extraordinary losses.」
The decline in expected excess earning power at SAO NAM AN, acquired as a platform for expansion in Vietnam, resulted in a ¥283 million impairment loss on goodwill. - FY2020First statedAnnual report
「The shares were acquired on 16 December 2019. SOECO has a sales network of more than 400 companies across Vietnam and more than 10,000 customers.」
サンテレホン acquired 99.9% of SAO NAM AN TRADING SERVICE CORPORATION, bringing in a platform for solution sales of information and communications and security equipment through a sales network of more than 400 companies and a customer base of more than 10,000.