Acquisition and absorption-type merger of subsidiaries to improve Group management efficiency
First written in FY2017-Q1. 4 of 8 entries say "Achieved", first in FY2017. Latest entry: FY2025.
89 other companies' latest entry also says "Achieved".
- FY2025AchievedAnnual report
「October 2024: Absorption-type merger of 有限会社松野燃料 to improve business efficiency.」
The absorption-type merger of 有限会社松野燃料, undertaken to improve business efficiency, was completed in October 2024. - FY2022AchievedAnnual report
「January 2022: Absorption-type merger of サンネックスパワー駒ヶ根株式会社 to improve business efficiency.」
サンネックスパワー駒ヶ根株式会社, a company specializing in solar power generation, was absorbed through a merger in January 2022. - FY2021AchievedAnnual report
「April 2020: Absorption-type merger of 上伊那ガス燃料株式会社 to improve business efficiency.」
The corporate history states that 上伊那ガス燃料株式会社 was absorbed through a merger in April 2020. - FY2019-Q3Cited as achievedAnnual report
「Quarterly net income attributable to owners of the parent was ¥293 million, down 31.1% year on year, as there were no special factors such as the reduction in tax expenses resulting from the subsidiary integration in the same quarter of the previous year.」
The Company continued to cite the reduction in tax expenses from the completed subsidiary integration as a special factor present in the same quarter of the previous year. It explained that no such special factor was present this time and that quarterly net income attributable to owners of the parent was ¥293 million. - FY2019-Q1Cited as achievedAnnual report
「Quarterly net income attributable to owners of the parent was ¥138 million, down 42.8% year on year, as there were no special factors such as the reduction in tax expenses resulting from the subsidiary integration in the same quarter of the previous year.」
The Company cited the reduction in tax expenses from the completed subsidiary integration in the same quarter of the previous year as a special factor that was absent in the current quarter. - FY2018-Q2Cited as achievedAnnual report
「Quarterly net income attributable to owners of the parent was ¥269 million, up 8.7% from the same quarter of the previous year, due in part to lower tax expenses resulting from the integration of subsidiaries.」
The Company reported the impact of lower tax expenses from the completed subsidiary integration in its results. Quarterly net income attributable to owners of the parent was ¥269 million, up 8.7% year on year. - FY2017AchievedAnnual report
「サンリン松本エネルギー株式会社 transferred all of its business to the Company and was dissolved on 30 September 2016. The Company absorbed 富山サンリン株式会社 through a merger on 1 October 2016.」
The previously planned acquisition of all of サンリン松本エネルギー’s business and the absorption-type merger of 富山サンリン were completed. - FY2017-Q1First statedAnnual report
「To improve the efficiency of Group management, the Company decided to acquire all of the business of サンリン松本エネルギー株式会社 and to absorb 富山サンリン株式会社 through a merger.」
The acquisition of all of the fuel wholesale and retail business of サンリン松本エネルギー株式会社 was scheduled for 30 September 2016, and the absorption-type merger of 富山サンリン株式会社 for 1 October 2016.