Continuation of the capital and business alliance with 旭東電気
First written in FY2016. 1 of 3 entries say "Restated". Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020DroppedAnnual report
「After 旭東ホールディングス株式会社 filed for civil rehabilitation proceedings with the Osaka District Court on 8 May 2020, the court issued an order commencing bankruptcy proceedings on 17 September 2020, resulting in termination of the agreement.」
The capital and business alliance with 旭東ホールディングス was terminated following the commencement of bankruptcy proceedings against the counterparty. - FY2019RestatedAnnual report
「The contract term is from 23 August 2019 to 22 August 2020, with automatic annual renewal and a termination clause.」
The capital and business alliance agreement with 旭東ホールディングス was automatically renewed, continuing the alliance covering the Chinese market, sales channels, global expansion and other areas. - FY2016First statedAnnual report
「The business alliance agreement covers expansion into the Chinese market in the electronic circuit board industry, expansion of sales channels through the use of each party's customer network, promotion of global expansion and entry into new businesses, use of both companies' overseas bases, and personnel exchanges between the two companies. The contract term is 1 year, from 23 August 2016 to 22 August 2017, and the agreement renews automatically each year.」
The capital and business alliance covering the Chinese market, sales channels, global expansion, overseas bases and personnel exchanges was disclosed as a material contract.