Yorozu (7294) · InitiativeAchieved
Making Yorozu Automotive Indonesia Co., Ltd. a Wholly Owned Subsidiary
First written in FY2019-Q1. 1 of 2 entries say "Achieved", first in FY2019. Latest entry: FY2019.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Improving Management Efficiency through Wholly Owned Subsidiary Conversion and Intra-Group RestructuringA theme 10 companies write about · 0 as a headwind · 10 as a tailwind
5 other companies' latest entry also says "Achieved".
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Full recordFilings, disclosures and news, newest first
- FY2019AchievedAnnual report
「3 April 2018」
On 3 April 2018, shares were acquired from non-controlling shareholders, making ヨロズオートモーティブインドネシア社 a wholly owned subsidiary. The objective was to strengthen and stabilize the business by integrating operations, improving efficiency and enhancing competitiveness. - FY2019-Q1First statedAnnual report
「As the business environment in the automotive industry is expected to become increasingly challenging, we acquired the shares held by non-controlling shareholders because we judged that making the company a wholly owned subsidiary was necessary and effective for further integrating operations, improving efficiency and competitiveness, and strengthening and stabilizing the business.」
On 3 April 2018, shares were acquired from non-controlling shareholders, making ヨロズオートモーティブインドネシア社 a wholly owned subsidiary in order to integrate operations, improve efficiency and enhance competitiveness.