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Tensho Electric Industries (6776) · InitiativeAdvanced

Expansion of the technology, sales, production and logistics platforms through the acquisition of 竜舞プラスチック株式会社 as a subsidiary

First written in FY2021. 3 of 6 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2023.

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ProgressHeldSoftenedWorseRestatedFY2022-Q2AdvancedFY2023-Q1 – FY20232021: 320212022: 120222023: 22023
Same theme, other companies

0 other companies' latest entry also says "Advanced".

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Full recordFilings, disclosures and news, newest first
  1. FY2023AdvancedAnnual report

    「In addition, sales from 竜舞プラスチック株式会社, which became a consolidated subsidiary in July 2021, contributed to results. As a result, revenue was ¥19,290 million, up 18.9% from the previous consolidated fiscal year, and segment profit was ¥423 million, compared with a segment loss of ¥70 million in the previous consolidated fiscal year.」

    Sales from 竜舞プラスチック株式会社 after it became a consolidated subsidiary contributed to the Japan molding-related business for the full fiscal year, which posted higher revenue and a swing in segment results from a loss to a profit.
  2. FY2023-Q3AdvancedAnnual report

    「In addition, sales from 竜舞プラスチック株式会社, which became a consolidated subsidiary in July 2021, contributed to results. As a result, revenue was ¥14,479 million, up 20.5% year on year, and segment profit was ¥342 million, compared with a segment loss of ¥34 million in the same period of the previous year.」

    Sales from 竜舞プラスチック株式会社 after it became a consolidated subsidiary continued to contribute to the Japan molding-related business, which posted higher revenue and a swing in segment results from a loss to a profit.
  3. FY2023-Q1AdvancedAnnual report

    「Meanwhile, sales from 竜舞プラスチック株式会社, which became a consolidated subsidiary in July 2021, contributed to results. As a result, revenue was ¥4,182 million, up 28.0% year on year, and the segment loss was ¥1 million, compared with a segment loss of ¥18 million in the same quarter of the previous year.」

    Sales from 竜舞プラスチック株式会社 after it became a consolidated subsidiary contributed to the Japan molding-related business, which posted higher revenue and a smaller segment loss.
  4. FY2022-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 25 May 2021, the company resolved to acquire the shares of 竜舞プラスチック株式会社 and make it a subsidiary, entered into a share transfer agreement with アァルピィ東プラ株式会社 on the same date, and acquired all shares on 1 July 2021.」

    The acquisition of 100% of 竜舞プラスチック株式会社 and its consolidation as a subsidiary was reflected in the scope of consolidation for the second quarter. Total assets increased by ¥2,553 million from the end of the previous fiscal year, while assets in the Japan molding-related business increased by ¥3,244 million.
  5. FY2022-Q1AchievedAnnual report

    「At a meeting of the Board of Directors held on 25 May 2021, the company resolved to acquire the shares of 竜舞プラスチック株式会社 and make it a subsidiary, entered into a share transfer agreement with アァルピィ東プラ株式会社 on the same date, and acquired all shares on 1 July 2021.」

    The company completed the acquisition of 100% of the shares of 竜舞プラスチック株式会社 on 1 July 2021, making it a subsidiary as previously decided in the prior fiscal year. The objectives are to expand the business platform and scale by enhancing technological capabilities, diversifying sales channels, and optimizing production and logistics.
  6. FY2021First statedAnnual report

    「At a meeting of the Board of Directors held on 25 May 2021, the company resolved to enter into a share transfer agreement to acquire shares of 竜舞プラスチック株式会社 and entered into the agreement with アァルピィ東プラ株式会社 on the same date. Date of business combination: 1 July 2021. Percentage of voting rights acquired: 100%. The company believes that making 竜舞プラスチック株式会社 part of the group will contribute to expanding its business platform and scale by enhancing technological capabilities, diversifying sales channels, and optimizing production and logistics.」

    The company decided to acquire 100% of the shares, with 1 July 2021 as the business combination date. The objectives of the acquisition are to expand the business platform and scale by enhancing technological capabilities, diversifying sales channels, and optimizing production and logistics.
Moved together

"Recovery in China business sales, improvement in profitability, and stronger coordination with Japan" moved the same way as this thread, in the same document, in 4 of its 6 moves.

44332★12345
  1. ★This thread
  2. 1Recovery in China business sales, improvement in profitability, and stronger coordination with Japan4×
  3. 2Risks related to demand, regulations, infrastructure, public safety, and labor disputes in the China business4×
  4. 3Capital investment to enhance and strengthen production activities3×
  5. 4Recovery in revenue and profit, centered on the domestic business3×
  6. 5Construction of a second plant in the central Mexican automotive industry region2×

★ 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
Tensho Electric Industries's next results are scheduled for 2026-11-13. Read the earnings preview
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