Transfer of イースタン's Power Systems Business to Strengthen the Small Power Supply Product Range
First written in FY2017-Q2. 4 of 7 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2026.
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- FY2026AdvancedAnnual report
「諏訪三社電機: Revenue 5,785; Ordinary profit 187; Net profit 129」
For 諏訪三社電機, which assumed イースタン's business, revenue of ¥5,785 million, ordinary profit of ¥187 million and net profit of ¥129 million were disclosed for FY2026, showing the scale of the small power supply business and its contribution to consolidated results. - FY2021RestatedAnnual report
「Revenue from 三社電機イースタン accounted for more than 10% of consolidated revenue, excluding intercompany revenue between consolidated companies. Key financial information: (1) Revenue: ¥4,024 million」
イースタン's small power supply business accounted for more than 10% of consolidated revenue, representing a business with revenue of ¥4,024 million. - FY2019-Q1RestatedAnnual report
「In this business, revenue from power supplies for metal surface treatment declined due to restrained capital investment in smartphone-related facilities. However, power supplies for copper-foil production, etching aluminum foil for electrolytic capacitors, and various small embedded power supplies performed solidly. Revenue increased 12.4% year on year to ¥4,160 million, while segment profit rose 349.0% to ¥351 million, reflecting the higher revenue and improved profitability, including higher productivity at the Chinese manufacturing subsidiary.」
The various small embedded power supplies handled by 三社電機イースタン continued to perform steadily, confirming the contribution to results from the expanded small power supply product range resulting from the business transfer. - FY2018-Q3AdvancedAnnual report
「In addition, revenue and profit from the various small embedded power supplies of the Company's subsidiary 三社電機イースタン, which began operations in November of the previous fiscal year, were added from the beginning of the current fiscal year,」
イースタン's small embedded power supply business contributed to revenue and profit from the beginning of the current fiscal year, and the effects of the power systems business transfer continued to be reflected in results. - FY2017AdvancedAnnual report
「The 5 months of results from the subsidiary 三社電機イースタン, which operates the small and low-capacity power supply equipment business, contributed to increases in both revenue and profit,」
イースタン's small power supply business contributed 5 months of results to the consolidated performance, and the effects of the acquisition and business transfer were reflected in full-year results. - FY2017-Q3AdvancedAnnual report
「This absorption-type company split was carried out on 31 October 2016.」
The transfer of the power systems business through an absorption-type company split was carried out on 31 October 2016. The acquisition cost and goodwill were provisionally recognized because the purchase price allocation had not been completed. - FY2017-Q2First statedAnnual report
「Through an introduction from one of its financial institutions, the Company learned that イースタン was considering transferring its power systems business and began examining the business transfer. As a result, to meet the broad range of requests from customers for industrial power supply equipment as part of the 三社電機 Group and to strengthen its small-product range, the Company established its consolidated subsidiary 三社電機イースタン, which assumed イースタン's power systems business.」
The succeeding company was established on 5 September 2016, and the plan was for it to assume イースタン's power systems business through an absorption-type company split, with 31 October 2016 as the business combination date. The objectives were to expand the range of small products, expand the business, and strengthen global development, sales and manufacturing capabilities.