Basic Agreement on the Acquisition of To-Shichi as a Wholly Owned Subsidiary
First written in FY2023-Q1. 2 of 5 entries say "Cited as achieved", first in FY2024-Q1. Latest entry: FY2024.
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- FY2024Cited as achievedAnnual report
「During the current fiscal year, we made 東七株式会社 (Sasebo, Nagasaki; hereinafter, 東七) a consolidated subsidiary, and 株式会社メディスケット (Misato, Saitama; hereinafter, メディスケット) commenced full-scale operations.」
The company cited 東七's inclusion in the consolidated results following its conversion to a wholly owned subsidiary and メディスケット's commencement of full-scale operations as factors behind the increase in revenue in FY2024. - FY2024-Q1Cited as achievedAnnual report
「東七株式会社 has been included in the scope of consolidation since the current first quarter consolidated accounting period because we acquired its shares.」
Following the conversion to a wholly owned subsidiary on 3 April 2023, 東七 was included in the scope of consolidation from FY2024-Q1. Its inclusion in the consolidated results was also cited as a factor behind the increase in revenue. - FY2023AchievedAnnual report
「On 1 February 2023, we entered into a share exchange agreement with 東七株式会社 (Sasebo, Nagasaki), and on 3 April of the same year made 東七 a wholly owned subsidiary.」
The conversion of 東七 into a wholly owned subsidiary was completed on 3 April 2023, following the basic agreement in July 2022 and execution of the share exchange agreement in February 2023. The company has stated its aim of strengthening distribution infrastructure in Nagasaki and Saga prefectures. - FY2023-Q3AdvancedAnnual report
「In July 2022, we entered into a basic agreement with 東七株式会社 (Sasebo, Nagasaki; hereinafter, 東七) concerning a transaction in which we would acquire all of 東七's issued shares and continued consideration and discussions. On 1 February 2023, we entered into a share exchange agreement under which we would become the wholly owning parent company and 東七 would become the wholly owned subsidiary. The effective date is scheduled for 3 April of the same year.」
The planned conversion of 東七 into a wholly owned subsidiary progressed from the basic agreement and discussion stage in July 2022 to the execution of a share exchange agreement on 1 February 2023. The effective date was scheduled for 3 April 2023. - FY2023-Q1First statedAnnual report
「On 29 July 2022, we entered into a basic agreement with 東七株式会社 (Sasebo, Nagasaki; hereinafter, 東七) concerning a transaction in which we would acquire all of 東七's issued shares. Going forward, we plan to continue discussions and consideration with the aim of acquiring all of 東七's issued shares effective 1 April 2023.」
On 29 July 2022, the company entered into a basic agreement to acquire all of 東七's issued shares and announced plans to hold discussions and consider the transaction with the aim of making 東七 a wholly owned subsidiary effective 1 April 2023.