Capital investment in a company developing next-generation battery control systems
First written in FY2017-Q3. 2 of 4 entries say "Restated". Latest entry: FY2019-Q2.
0 other companies' latest entry also says "Restated".
- FY2019-Q2RestatedAnnual report
「To strengthen our approach to China’s automotive market, where the markets for electric vehicles and car-sharing services are expected to expand, we advanced growth initiatives aimed at becoming a total-solutions provider for in-vehicle information systems, including a capital increase for equity-method affiliate Neusoft Reach Automotive Technology (Shanghai) Co., Ltd.」
The company continued to describe efforts to strengthen its approach to China’s EV and car-sharing markets and develop a total-solution offering for in-vehicle information systems through a capital increase for Neusoft Reach. - FY2019-Q1AdvancedAnnual report
「To strengthen our approach to the Chinese automotive market, where the EV and sharing markets are expected to expand, we pursued growth initiatives aimed at becoming a total-solutions provider for in-vehicle information systems, including through a capital increase in Neusoft Reach Automotive Technology(Shanghai) Co., Ltd., an equity-method affiliate.」
The purpose of strengthening the capital base of an existing EV-related company was clarified as strengthening the approach to the Chinese automotive market and developing a total-solution offering for in-vehicle information systems. - FY2017RestatedAnnual report
「Amid the rapid expansion of China’s EV (electric vehicle) market, we implemented a capital increase for an equity-method affiliate focused on EV-related businesses, including the development of next-generation battery control systems, to strengthen its development capabilities.」
The capital increase for an equity-method affiliate and the strengthening of its development capabilities in response to China’s EV market were reaffirmed. - FY2017-Q3First statedAnnual report
「Amid the rapid expansion of China’s EV (electric vehicle) market, we implemented a capital increase for an equity-method affiliate focused on EV-related businesses, including the development of next-generation battery control systems, to strengthen its development capabilities.」
Against the backdrop of China’s expanding EV market, a capital increase was carried out for an equity-method affiliate focused on EV-related businesses, including next-generation battery control systems, to strengthen its development capabilities.