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Furuno Electric (6814) · InitiativeAdvanced

Strengthening sales and service capabilities in France through the acquisition of SARL ROBIN MARINE

First written in FY2024-Q1. 2 of 5 entries say "Restated". Latest entry: FY2025-H1.

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ProgressHeldSoftenedWorseFirst statedFY2024-Q1 – FY2024-Q2AdvancedFY2024-Q3RestatedFY20242023: 220232024: 32024
Same theme, other companies
Strengthening sales and service capabilities in France through the acquisition of SARL ROBIN MARINEA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2025-H1AdvancedAnnual report

    「Following the finalisation of this provisional accounting treatment, a material revision to the initial allocation of the acquisition cost has been reflected in the comparative information included in the interim consolidated financial statements for the current interim consolidated accounting period. The provisionally calculated goodwill of ¥314 million decreased by ¥111 million following finalisation of the accounting treatment, to ¥202 million.」

    For the business combination involving SARL ROBIN MARINE, the previously provisional purchase price allocation was finalised. Goodwill was revised from ¥314 million to ¥202 million, and other intangible fixed assets and deferred tax liabilities were also adjusted.
  2. FY2024RestatedAnnual report

    「From the current consolidated fiscal year, SARL ROBIN MARINE has been included in the scope of consolidation because the company's consolidated subsidiary FURUNO FRANCE S.A.S. acquired all of its shares.」

    For the full year, the company disclosed the acquisition of all shares in SARL ROBIN MARINE, its consolidation from July 2023, an acquisition cost of ¥593 million and goodwill of ¥314 million.
  3. FY2024-Q3AdvancedAnnual report

    「From the current third-quarter consolidated accounting period, SARL ROBIN MARINE has been included in the scope of consolidation because the company's consolidated subsidiary FURUNO FRANCE S.A.S. acquired all of its shares.」

    Regarding the acquisition of SARL ROBIN MARINE disclosed in the previous quarter, the company was included in the scope of consolidation from the current third-quarter consolidated accounting period.
  4. FY2024-Q2RestatedAnnual report

    「At a meeting of the Board of Directors held on 21 June 2023, the company resolved that its consolidated subsidiary FURUNO FRANCE S.A.S. would acquire all shares of SARL ROBIN MARINE and make it a subsidiary. On 4 July 2023, FURUNO FRANCE S.A.S. entered into a share transfer agreement and acquired all shares on the same date.」

    The company has again disclosed details including the acquisition date, ownership ratio and acquisition cost for the acquisition of all shares in SARL ROBIN MARINE.
  5. FY2024-Q1First statedAnnual report

    「At a meeting of the Board of Directors held on 21 June 2023, the company resolved that its consolidated subsidiary FURUNO FRANCE S.A.S. would acquire all shares of SARL ROBIN MARINE and make it a subsidiary. On 4 July 2023, FURUNO FRANCE S.A.S. entered into a share transfer agreement and acquired all shares on the same date. SARL ROBIN MARINE has the technical and sales capabilities to provide highly specialised services ranging from system design to installation and maintenance. It also has numerous direct business relationships with shipyards. The company therefore decided to proceed with the acquisition, expecting complementary and synergistic effects with FURUNO FRANCE S.A.S.」

    FURUNO FRANCE S.A.S. acquired all shares of SARL ROBIN MARINE on 4 July 2023. The acquisition cost was ¥527 million, and the reasons for the acquisition included its capabilities ranging from system design to installation and maintenance, as well as its business base with shipyards, which were expected to generate complementary and synergistic effects.
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Strengthening sales and service capabilities in France through the acquisition of SARL ROBIN MARINE | FURUNO ELECTRIC CO.,LTD. (6814) | Komori