Clarifying business responsibility and competitiveness through the spin-off of the semiconductor business
First written in FY2016. 1 of 2 entries say "Restated". Latest entry: FY2017.
0 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「Based on this policy, with the aim of further strengthening and achieving sustainable growth in the device business, the Company carried out a corporate split effective 1 April 2016, under which the semiconductor business operated by the Company was transferred to SSS, a wholly owned subsidiary of the Company, by means of an absorption-type company split.」
The semiconductor business spin-off was reconfirmed as a measure to clarify business responsibility and decision-making and strengthen the device business. - FY2016First statedAnnual report
「Based on this policy, with the aim of further strengthening and achieving sustainable growth in the device business, the Company carried out a corporate split effective 1 April 2016, under which the rights and obligations relating to the semiconductor business operated by the Company, namely the businesses conducted by the Device Solutions Business Division excluding the Storage Media Business Division and Energy Business Division, as well as the semiconductor-related business of the RDS Platform Device & Material Research and Development Division, were transferred to SSS, a wholly owned subsidiary of the Company, by means of an absorption-type company split.」
The semiconductor business spin-off was described as a measure to clarify business responsibility, accelerate decision-making and strengthen the device business.