Complementing the commercial aircraft business through the acquisition of the CRJ business
First written in FY2019. 1 of 5 entries say "Achieved", first in FY2020. Latest entry: FY2021.
No other company in this theme has enough history to compare yet.
- FY2021Disclosure of full-year results after the acquisitionAnnual report
「The Group's consolidated income statement for the current fiscal year includes revenue and the impact on profit for the year generated by the business from the acquisition date of ¥60,594 million and a loss of ¥1,439 million, respectively.」
For the CRJ business acquired on 1 June 2020, the Company disclosed full-year post-acquisition revenue of ¥60,594 million and a negative ¥1,439 million impact on profit for the year. - FY2021-Q3Expansion of post-acquisition resultsAnnual report
「The Group's condensed interim consolidated income statement for the current third quarter cumulative period includes revenue and the impact on quarterly profit generated by the business from the acquisition date of ¥48,005 million and a loss of ¥2,019 million, respectively.」
For the CRJ business acquired on 1 June 2020, the Company disclosed cumulative post-acquisition revenue of ¥48,005 million and a negative ¥2,019 million impact on quarterly profit. - FY2021-Q2Disclosure of results after the acquisitionAnnual report
「The Group's condensed interim consolidated income statement for the current second quarter cumulative period includes revenue and quarterly profit generated by the business from the acquisition date of ¥20,548 million and a loss of ¥912 million, respectively.」
For the CRJ business acquired on 1 June 2020, the Company disclosed post-acquisition revenue of ¥20,548 million and a quarterly loss of ¥912 million. - FY2020AchievedAnnual report
「On 7 May 2020, the Company completed confirmation of the terms and conditions for acquiring the CRJ business from BA and agreed that the acquisition would be completed on 1 June 2020. The Company acquired the CRJ business on 1 June 2020.」
The acquisition of the CRJ business from Bombardier was completed on 1 June 2020. The Company acquired the maintenance, customer support, modification, marketing and sales functions and type certificates, moving its plan to complement the existing SpaceJet business into the implementation phase. - FY2019First statedAnnual report
「The acquisition complements the Group's existing commercial aircraft business, particularly the development, manufacture, sales and customer-support functions for the Mitsubishi SpaceJet family, and will ultimately contribute to the Group's future growth.」
On 25 June 2019, the Company entered into an agreement with Bombardier to transfer the CRJ business and first disclosed plans to acquire its maintenance, customer support, modification, marketing and sales functions, as well as its type certificates. The purchase price was approximately US$550 million, and completion of the transfer was scheduled for between the end of 2019 and the first half of 2020.