Dissolution of Suzhou PM CABIN and Consolidation of China Operations
First written in FY2022-Q2. 6 of 10 entries say "Restated". Latest entry: FY2025-H1.
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- FY2025-H1RestatedAnnual report
「The Company's former consolidated subsidiary 蘇州普美駕駛室有限公司 was dissolved as of 28 September 2021, and completion of its liquidation was recorded as of 11 June 2024.」
It was reaffirmed that the liquidation proceedings conducted after PM CABIN's dissolution were completed as of 11 June 2024. - FY2024AchievedAnnual report
「蘇州普美駕駛室有限公司 was dissolved as of 28 September 2021, and completion of its liquidation was recorded as of 11 June 2024.」
The liquidation proceedings that continued after PM CABIN's dissolution were completed as of 11 June 2024. - FY2024-Q3RestatedAnnual report
「蘇州普美駕駛室有限公司 (PM CABIN MANUFACTURING CO.,LTD.) was dissolved as of 28 September 2021 and is currently undergoing liquidation proceedings.」
The disclosure continues to state that PM CABIN remained in liquidation proceedings after its dissolution on 28 September 2021. - FY2024-Q2RestatedAnnual report
「蘇州普美駕駛室有限公司 (PM CABIN MANUFACTURING CO.,LTD.) was dissolved as of 28 September 2021 and is currently undergoing liquidation proceedings.」
The disclosure continues to state that PM CABIN remained in liquidation proceedings after its dissolution on 28 September 2021. - FY2024-Q1RestatedAnnual report
「蘇州普美駕駛室有限公司 (PM CABIN MANUFACTURING CO.,LTD.) was dissolved as of 28 September 2021 and is currently undergoing liquidation proceedings.」
The liquidation proceedings following the dissolution of PM CABIN continued. - FY2023-Q3RestatedAnnual report
「蘇州普美駕駛室有限公司 (PM CABIN MANUFACTURING CO.,LTD.) was dissolved as of 28 September 2021 and is currently undergoing liquidation proceedings. Gain on liquidation of an affiliate - 885」
The liquidation proceedings following the dissolution of PM CABIN continued, and a gain on liquidation of an affiliate of ¥885 million was recognized during the cumulative third quarter. - FY2023-Q2Gain on liquidation of an affiliate recognized while liquidation proceedings continuedAnnual report
「蘇州普美駕駛室有限公司 (PM CABIN MANUFACTURING CO.,LTD.) was dissolved as of 28 September 2021 and is currently undergoing liquidation proceedings. Proceeds from liquidation of an affiliate 949 Gain on liquidation of an affiliate - 885」
While the liquidation proceedings for PM CABIN continued, proceeds from the liquidation of an affiliate of ¥949 million and a gain on liquidation of an affiliate of ¥885 million were recognized. - FY2023-Q1RestatedAnnual report
「蘇州普美駕駛室有限公司 (PM CABIN MANUFACTURING CO.,LTD.) was dissolved as of 28 September 2021 and is currently undergoing liquidation proceedings.」
The liquidation proceedings following the dissolution of PM CABIN continued. - FY2022-Q3Liquidation loss on a subsidiary recognized in connection with dissolution proceedingsAnnual report
「The Company resolved at a meeting of the Board of Directors held on 28 September 2021 to dissolve 蘇州普美駕駛室有限公司 (PM CABIN MANUFACTURING CO.,LTD.).” “Loss on liquidation of subsidiary - 605”」
While the dissolution and liquidation procedures for Suzhou PM CABIN continued, a loss on liquidation of a subsidiary of ¥605 million was recognized during the cumulative third quarter. - FY2022-Q2First statedAnnual report
「At a meeting of the Board of Directors held on 28 September 2021, the Company resolved to dissolve its consolidated subsidiary 蘇州普美駕駛室有限公司. 蘇州普美駕駛室有限公司 manufactured cabins for construction machinery in China. In light of the future business environment and with a view to improving the efficiency of the Group's business in China, the Company resolved to consolidate the business into 普莱斯工業小型駕駛室（蘇州）有限公司, which is also located in Suzhou, China, and dissolve the subsidiary.」
For the construction machinery cabin business in China, the Company initially indicated a policy of dissolving PM CABIN and consolidating the business into PRESS KOGYO MINI CABIN in the same city of Suzhou. The dissolution date was 28 September 2021, and completion of the liquidation was scheduled for December 2022.