Strengthening the Production Structure and Reducing Costs through Subsidiary Mergers
First written in FY2018-Q2. 2 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2024.
25 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「For the purpose of manufacturing equipment for electrolytic capacitors and strengthening collaboration with the production engineering department, ケミコン東日本株式会社 absorbed ケミコン精機株式会社 through a merger. In addition, for the purpose of improving the productivity of electric double-layer capacitors and increasing the efficiency of indirect departments, ケミコン山形株式会社 absorbed ケミコン長岡株式会社 through a merger and changed its corporate name to ケミコンデバイス株式会社 (currently a consolidated subsidiary).」
Effective 1 October 2023, the company implemented the absorption merger of ケミコン精機株式会社 to support equipment manufacturing and production engineering collaboration, and the absorption merger of ケミコン長岡株式会社 to improve the productivity of electric double-layer capacitors. - FY2021AdvancedAnnual report
「To further integrate the operation of management resources in the Tohoku region, the electrode foil businesses of ケミコン岩手株式会社 and ケミコン福島株式会社 were separated and transferred to the newly established company ケミコン東日本マテリアル株式会社 (currently a consolidated subsidiary). ケミコン宮城株式会社 absorbed ケミコン岩手株式会社 and ケミコン福島株式会社 through a merger and changed its corporate name to ケミコン東日本株式会社 (currently a consolidated subsidiary).」
Effective 1 April 2020, the company implemented the separation and transfer of the electrode foil business and the absorption merger of domestic subsidiaries, further integrating the operation of management resources in the Tohoku region. - FY2018AchievedAnnual report
「In addition, effective 1 April 2017, the company merged its consolidated subsidiaries ケミコン福島株式会社 with 福島電気工業株式会社 and ケミコン山形株式会社 with ケミコン米沢株式会社, seeking to strengthen cost competitiveness through the development of its production system.」
The 2 subsidiary mergers effective 1 April 2017 had been completed, supporting the development of the production system and the strengthening of cost competitiveness. - FY2018-Q2First statedAnnual report
「Effective 1 April 2017, we reorganized our subsidiaries by merging our consolidated subsidiaries Chemi-Con Fukushima Co., Ltd. with Fukushima Denki Kogyo Co., Ltd., and Chemi-Con Yamagata Co., Ltd. with Chemi-Con Yonezawa Co., Ltd. We advanced cost competitiveness by improving the production structure and reducing costs through greater efficiency in indirect functions.」
The company implemented a restructuring through the merger of 2 pairs of consolidated subsidiaries effective 1 April 2017, advancing the development of its production system, efficiency improvements in indirect departments, and cost reductions.