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Aval Data (6918) · InitiativeCited as achieved

Review of Group Functions and Capital Restructuring Through the Transfer of Shares in アバール長崎

First written in FY2017. 4 of 6 entries say "Cited as achieved", first in FY2018-Q3. Latest entry: FY2019.

6entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseAchievedFY2018-Q1Cited as achievedFY2018-Q3 – FY20192017: 220172018: 220182019: 22019
Same theme, other companies
Removal from Consolidation Through Partial Transfer of Subsidiary SharesA theme 19 companies write about · 1 as a headwind · 11 as a tailwind

5 other companies' latest entry also says "Cited as achieved".

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Showing 14 of the 19 companies compared. The sentences above are computed from all 19.
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  1. FY2019Cited as achievedAnnual report

    「On 1 July 2017, during the 59th fiscal period, the Company transferred a majority of its shares in its subsidiary アバール長崎, and excluded it from the scope of consolidation from the second-quarter consolidated accounting period. As the Company has not prepared consolidated financial statements since the 60th fiscal period, the indicators for the 60th fiscal period are presented based on the results in the non-consolidated financial statements.」

    The transfer of a majority of the shares in アバール長崎 completed in the previous fiscal year and its exclusion from consolidation are again cited as the reason for disclosure based on the current fiscal year's non-consolidated financial statements and management indicators.
  2. FY2019-Q3Cited as achievedAnnual report

    「As the Company ceased to have a consolidated subsidiary following the transfer on 1 July 2017 of a majority of its shares in アバール長崎, formerly a consolidated subsidiary, it does not prepare quarterly consolidated financial statements.」

    The loss of a consolidated subsidiary following the transfer of a majority of the shares in アバール長崎 completed in the previous fiscal year is again cited as the reason for not preparing quarterly consolidated financial statements.
  3. FY2018Cited as achievedAnnual report

    「From a medium- to long-term perspective, the Group transferred a majority of its shares in its subsidiary アバール長崎 to 東京エレクトロン デバイス株式会社 in order to review the Group's functions and restructure its capital, secure sustainable profits, further improve capital efficiency, and maximize shareholder value.」

    The transfer of a majority of the shares in アバール長崎 completed in the previous fiscal year and its exclusion from consolidation are again cited as achievements in reviewing the Group's functions and restructuring its capital.
  4. FY2018-Q3Cited as achievedAnnual report

    「During the second quarter, from a medium- to long-term perspective, the Company transferred a majority of its shares in its subsidiary アバール長崎 to 東京エレクトロン デバイス株式会社, its business and capital alliance partner, in order to review the functions of the Group and restructure its capital, secure sustainable profits, further improve capital efficiency, and maximize shareholder value. アバール長崎 was consequently excluded from the scope of consolidation.」

    The transfer of a majority of the shares in アバール長崎 completed in the second quarter and its exclusion from consolidation are cited again as factors behind changes in the Company's results and financial position for the current quarter.
  5. FY2018-Q1AchievedAnnual report

    「On 1 July 2017, the Company transferred a majority of its shares in its consolidated subsidiary アバール長崎 to 東京エレクトロン デバイス株式会社.」

    The planned transfer of a majority of the shares in アバール長崎 was completed on 1 July 2017. The number of shares sold was 133,000, the post-sale ownership ratio was 18.7%, and the sale price was ¥1,064 million.
  6. FY2017First statedAnnual report

    「With a medium- to long-term perspective, the Group has decided to transfer a majority of its shares in its subsidiary アバール長崎 to 東京エレクトロン デバイス株式会社 in order to review the Group's functions and restructure its capital, secure sustainable profits, further improve capital efficiency, and maximize shareholder value.」

    A share transfer agreement was signed on 16 May 2017, 133,000 shares were transferred, the post-sale ownership ratio was 18.7%, the sale price was ¥1,064 million, and the scheduled share transfer date was 1 July 2017.
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Review of Group Functions and Capital Restructuring Through the Transfer of Shares in アバール長崎 | AVAL DATA CORPORATION (6918) | Komori