Making Figaro Engineering Inc. a Subsidiary
First written in FY2016. 5 of 8 entries say "Restated". Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024RestatedAnnual report
「Our company and Figaro Giken Co., Ltd. conduct research and development, manufacturing and sales of gas sensors, which are central to the business, as well as product development for gas alarms and detectors. Our company and Figaro Giken Co., Ltd. are also responsible for the core functions of production management, quality control and sales.」
On the assumption of integrated operations with Figaro Giken, the company has reaffirmed the structure under which both companies are responsible for the core functions of sensor research and development, product development, production management, quality control and sales. - FY2020RestatedAnnual report
「Our company and Figaro Giken Co., Ltd. conduct research and development, manufacturing and sales of gas sensors, which are central to the business, as well as product development for gas alarms and detectors.」
On the assumption of integrated operations with Figaro Giken, the company has reaffirmed the structure under which both companies are responsible for sensor research and development and product development. - FY2019RestatedAnnual report
「Together with Figaro Giken Co., Ltd., we will take on the following challenges under the group mission of “pursuing the creation of safe, secure and comfortable environments around the world through sensing technologies and services.”」
On the assumption of integrated operations with Figaro Giken, the company has reaffirmed its policy of addressing growth challenges by leveraging the technologies and services of both companies. - FY2017RestatedAnnual report
「We will bring together the technological capabilities, sales capabilities and human resources of both our company and Figaro Giken Co., Ltd. to achieve sustainable growth.」
On the assumption that the 66.6% acquisition of Figaro Giken and its consolidation would proceed, the company has reaffirmed its policy of bringing together the management resources of both companies. - FY2017-Q3RestatedAnnual report
「During the second quarter consolidated accounting period, we acquired 66.6% of all shares in Figaro Giken Co., Ltd. We will bring together the technological capabilities, sales capabilities and human resources of both our company and Figaro Giken Co., Ltd. to achieve sustainable growth.」
On the assumption that 66.6% of Figaro Giken would be acquired, the company has reaffirmed its intention to bring together the technological capabilities, sales capabilities and human resources of both companies to pursue sustainable growth. - FY2017-Q2AdvancedAnnual report
「From the second quarter consolidated accounting period, Figaro Giken Co., Ltd., Figaro USA, Inc. and 費加羅傳感科技（上海）有限公司 have been included in the scope of consolidation following the acquisition of their shares. Also from the second quarter consolidated accounting period, 天津費加羅電子有限公司 and 上海松江費加羅電子有限公司 have been included in the scope of equity-method application in connection with the acquisition of shares in Figaro Giken Co., Ltd.」
It states that, following completion of the acquisition, Figaro Giken and its related overseas entities were included in the scope of consolidation, while 2 affiliated companies were included in the scope of equity-method application. - FY2017-Q1AchievedAnnual report
「The shares were acquired on 1 July 2016.」
The acquisition of Figaro Giken, approved and agreed in the previous fiscal year, was completed. The voting rights ratio after the acquisition was 66.6%, and the consideration was ¥4.329 billion in cash. Figaro USA and 費加羅傳感科技（上海）有限公司 also became sub-subsidiaries. - FY2016First statedAnnual report
「The company resolved to acquire the shares of フィガロ技研株式会社 (hereinafter, the “Share Acquisition”) and make it a subsidiary.」
Approved and the agreement executed on 12 May 2016, with the share transfer scheduled for 1 July 2016. The consideration was ¥4.329 billion in cash, and the voting rights ratio after the acquisition was 66.6%.