Restructuring of the printer business through the absorption-type merger of OKI Data
First written in FY2021-Q3. 1 of 2 entries say "Achieved", first in FY2021. Latest entry: FY2021.
No other company in this theme has enough history to compare yet.
- FY2021AchievedAnnual report
「At a meeting of the Board of Directors held on 29 October 2020, the Company resolved to carry out an absorption-type merger with the Company as the surviving company and OKI Data Corporation as the dissolving company, and absorbed OKI Data Corporation on 1 April 2021.」
The absorption-type merger with OKI Data, aimed at transferring development resources for the Printers business and utilizing global sales and production sites, was completed on 1 April 2021. - FY2021-Q3First statedAnnual report
「The merger of ODC into the Company is part of the measures in the OKI Group's medium-term management plan to respond to changes in the market environment. The Group aims to grow its Components & Platforms business by strengthening product development capabilities through shifting development resources from the printer business and leveraging ODC's global sales and production sites and production management functions across the Group.」
The Company resolved to carry out an absorption-type merger, with the Company surviving and OKI Data dissolving, scheduled for 1 April 2021. This was a specific restructuring plan aimed at transferring development resources for the Printers business and utilizing the Group’s sales and production sites.