Komori
Oki Electric Industry (6703) · InitiativeAchieved

Additional Acquisition of an Interest in Brazilian Subsidiary

First written in FY2017-Q3. 2 of 4 entries say "Achieved", first in FY2017. Latest entry: FY2019-Q3.

4entries
3years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2017-Q3AchievedFY2017 – FY2019-Q32017: 220172018: 120182019: 12019
Same theme, other companies
Additional Acquisitions of Affiliate Shares and Expansion of the Consolidation ScopeA theme 141 companies write about · 0 as a headwind · 143 as a tailwind

43 other companies' latest entry also says "Achieved".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 141 companies compared. The sentences above are computed from all 141.
Full recordFilings, disclosures and news, newest first
  1. FY2019-Q3AchievedAnnual report

    「At a meeting of the Board of Directors held on 31 October 2018, the Company resolved to make an additional acquisition of shares in its consolidated subsidiary, OKI BRASIL INDÚSTRIA E COMÉRCIO DE PRODUTOS Y TECNOLOGIA EM AUTOMAÇÃO S.A., and acquired the shares on 21 December 2018.」

    An additional 10.31% of OKI Brasil's shares was acquired on 21 December 2018, completing its conversion into a wholly owned subsidiary. The acquisition consideration was ¥762 million.
  2. FY2019-Q2AdvancedAnnual report

    「An additional 10.31% of the shares of OKI BRASIL INDÚSTRIA E COMÉRCIO DE PRODUTOS E TECNOLOGIA EM AUTOMAÇÃO S.A. will be acquired, making it a wholly owned subsidiary of the Company.」

    The Company decided on a plan to acquire 10.31% of OKI Brasil's shares through the additional acquisition scheduled for November 2018 and make it a wholly owned subsidiary.
  3. FY2017AchievedAnnual report

    「An additional 4.99% of the shares of OKI BRASIL INDÚSTRIA E COMÉRCIO DE PRODUTOS E TECNOLOGIA EM AUTOMAÇÃO S.A. was acquired, bringing the Company's ownership interest to 88.77%.」

    The additional acquisition of 4.99% of the Brazilian subsidiary's shares was completed, bringing the ownership interest to 88.77%, as also confirmed in the business combination note.
  4. FY2017-Q3First statedAnnual report

    「At a meeting of the Board of Directors held on 27 December 2016, the Company resolved to additionally acquire shares in its consolidated subsidiary OKI BRASIL INDÚSTRIA E COMÉRCIO DE PRODUTOS E TECNOLOGIA EM AUTOMAÇÃO S.A., and acquired the shares on 11 January 2017. The Company additionally acquired 4.99% of the shares in OKI BRASIL INDÚSTRIA E COMÉRCIO DE PRODUTOS E TECNOLOGIA EM AUTOMAÇÃO S.A., bringing its ownership interest to 88.77%.」

    An additional 4.99% interest in the Brazilian subsidiary was acquired, bringing the ownership interest to 88.77%. The acquisition date was 11 January 2017, and the acquisition cost was stated as ¥1.9 billion.
Moved together

"Implementation of Structural Reform" moved the same way as this thread, in the same document, in 3 of its 4 moves.

322222★123456
  1. ★This thread
  2. 1Implementation of Structural Reform3×
  3. 2Sustained Growth Based on Stable Earnings2×
  4. 3Strengthening the Business Foundation and Creating New Growth Businesses2×
  5. 4Reduction of Interest-Bearing Debt Through Free Cash Flow2×
  6. 5Continued Development of Domestic Demand and M&A in the EMS Business2×
  7. 6Arbitration over Accounts Receivable Collection and Product Defects at a Chinese Subsidiary2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Oki Electric Industry's next results are scheduled for 2026-11-05. Read the earnings preview
News
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