Acquisition of the company succeeding Fuji Kiko’s seat business
First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2018.
No other company in this theme has enough history to compare yet.
- FY2018RestatedAnnual report
「Through this acquisition, we believe that our globally operating group, including 株式会社TF-METAL, will become a single unit, or one team, enabling us to further accelerate the development of seat frames and manufacturing innovation, strengthen our competitiveness and enhance corporate value.」
The purpose of making TF-METAL a subsidiary is reaffirmed as integrating the global group, developing seat frames and promoting manufacturing innovation. - FY2018-Q3RestatedAnnual report
「On 2 October 2017, the Company acquired shares in 株式会社TF‐METAL under the agreement and made the company a subsidiary.」
The completion of the planned acquisition and subsidiary formation of 株式会社TF-METAL is being reiterated together with its inclusion in the scope of consolidation. - FY2018-Q2AchievedAnnual report
「On 2 October 2017, the Company acquired shares in 株式会社TF‐METAL under the agreement and made the company a subsidiary.」
The planned acquisition of 株式会社TF-METAL was completed on 2 October 2017, making it a subsidiary with a 100% voting interest. The acquisition cost was ¥6.0 billion. - FY2017First statedAnnual report
「The company decided to acquire the shares because it believes that the acquisition will enable its globally operating group, including the target company, to act as one team, further accelerate seat-frame development and manufacturing innovation, and strengthen competitiveness and enhance corporate value. The approximate acquisition price is ¥6.1 billion, the ownership ratio after the acquisition will be 100%, and the acquisition is scheduled for 2 October 2017.」
The company states that it signed an agreement to acquire 100% of TF-METAL, the company succeeding Fuji Kiko’s seat business, for approximately ¥6.1 billion, with the acquisition scheduled for 2 October 2017.