Strengthening casting technology and the supply system through the acquisition of 浅田可鍛鋳鉄所
First written in FY2019-Q2. 2 of 4 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2020.
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- FY2020AdvancedAnnual report
「The name of 株式会社浅田可鍛鋳鉄所, acquired in 2018, has been changed to 武蔵キャスティング株式会社. By adding “Musashi” to the company name to unify the brand name, we will further promote the penetration of the Musashi brand and strengthen integration, while continuing efforts to further enhance product development capabilities and expand the production system.」
The company name of 浅田可鍛鋳鉄所 was changed, advancing unification under the Musashi brand and post-acquisition integration. - FY2019RestatedAnnual report
「In the differential business, we plan to capitalize on synergies with 株式会社浅田可鍛鋳鉄所 and accelerate the minimization and efficiency gains of processes from material production through processing.」
The policy of extending integration synergies with 浅田可鍛鋳鉄所 to minimize and improve the efficiency of processes from materials through processing remains in place. - FY2019-Q3AdvancedAnnual report
「In addition, we have established a dedicated team and are advancing post-merger integration (PMI) activities to generate synergies with 浅田可鍛鋳鉄所 at an early stage. We will continue efforts to further enhance product development capabilities and expand the production system in the powertrain business.」
The establishment of a dedicated team and progress on PMI activities to generate synergies at an early stage following the acquisition of 浅田可鍛鋳鉄所 were explicitly stated. - FY2019-Q2First statedAnnual report
「On 19 October this year, to advance Musashi's strength in integrated machining technology and strengthen its business foundation, we acquired all shares of 株式会社浅田可鍛鋳鉄所 and made it a subsidiary. By bringing casting technology in-house, we will further enhance product development capabilities in the powertrain business and expand our production network.」
On 19 October 2018, the company acquired all shares and made 浅田可鍛鋳鉄所 a subsidiary. The acquisition price was ¥3,800 million, and the post-acquisition ownership ratio was 100%. The aim is to acquire casting infrastructure, enhance powertrain product development capabilities, and expand the global supply system based on the production system established in Japan.