Market expansion into the industrial and distribution sectors through the acquisition of ミタチパッケージ as a subsidiary
First written in FY2020-Q2. 3 of 4 entries say "Advanced", first in FY2020-Q3. Latest entry: FY2021.
No other company in this theme has enough history to compare yet.
- FY2021AdvancedAnnual report
「As a result, group-wide revenue declined from the previous year's level, but the impact of making ミタチパッケージ㈱ and 朝日樹脂工業㈱ consolidated subsidiaries limited the decline to ¥1,154 million.」
The impact of making ミタチパッケージ a subsidiary was reflected in the full-year results as a factor limiting the decline in group-wide revenue. - FY2021-Q1AdvancedAnnual report
「However, group-wide revenue was maintained at the level of the previous corresponding period because ミタチパッケージ㈱ and 朝日樹脂工業㈱ joined the consolidated group.」
The inclusion of ミタチパッケージ and 朝日樹脂工業 in the consolidated group helped the group as a whole maintain the previous corresponding period's revenue. - FY2020-Q3AdvancedAnnual report
「The company entered into a share transfer agreement for the shares of ミタチパッケージ株式会社 dated 26 September 2019 and completed the acquisition on 3 October 2019.」
The company completed the acquisition of ミタチパッケージ and included it in the scope of consolidation from the third quarter. This represents a concrete milestone in expanding into the industrial and logistics markets, in addition to the existing retail and distribution markets. - FY2020-Q2First statedAnnual report
「At a board meeting held on 24 September 2019, the company resolved to acquire the shares of ミタチパッケージ株式会社 and make it a subsidiary. It entered into a share transfer agreement dated 26 September 2019 and completed the acquisition on 3 October 2019. With ミタチパッケージ株式会社 joining the group, the company expects to expand into the industrial and distribution markets, in addition to the retail and distribution markets in which the group excels. The company decided to acquire the shares after determining that leveraging synergies in the sales channels, products and services of both companies would help enhance the value of the group as a whole and contribute to the development of both companies.」
The company acquired the shares of ミタチパッケージ for ¥576 million, making it a subsidiary with a 100% voting interest. The disclosure describes for the first time an initiative aimed at expanding into the industrial and distribution markets, in addition to the existing retail and distribution markets, and creating synergies in sales channels, products and services.