Tachi-S (7239) · InitiativeAchieved
Plan to Establish 浙江泰極信汽車部件有限公司
First written in FY2020-Q1. 1 of 2 entries say "Achieved", first in FY2020. Latest entry: FY2020.
2entries
2years
0from disclosures
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Same theme, other companies
Strengthening China’s seat-frame production capabilities through the establishment and consolidation of Zhejiang Taijixin Automotive Components Co., Ltd. (浙江泰極信汽車部件有限公司)A theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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Full recordFilings, disclosures and news, newest first
- FY2020AchievedAnnual report
「December 2019 Zhejiang Taijixin Automotive Parts Co., Ltd. established in Jiashan County, Zhejiang Province, China (now a consolidated subsidiary)」
The plan to establish a Chinese company manufacturing and selling automotive seat-frame components was implemented through its establishment in December 2019 and subsequent inclusion as a consolidated subsidiary. - FY2020-Q1First statedAnnual report
「In the Chinese automotive market, our group has expanded in line with the operations of its major customers, including Japanese and local automakers. To produce automotive seat-frame components more quickly and efficiently than before and supply them in China and to group companies, the group decided to establish a new company in China to manufacture and sell automotive seat-frame components.」
The company decided to establish Zhejiang Taijixin Automotive Parts Co., Ltd. to supply seat-frame components in China and to group companies, with paid-in capital of US$39 million and a company ownership ratio of 82.8%. Establishment was scheduled for December 2019.