Acquisition and conversion of 99イチバ into a subsidiary
First written in FY2020. 4 of 9 entries say "Restated". Latest entry: FY2023-Q3.
1 other company's latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「Also, on the same date, 株式会社９９イチバ, which operates the Other business, changed its corporate name to 株式会社Ｇ‐７リコス・ストアズ.」
The company has reconfirmed that 99イチバ changed its corporate name to G-7リコス・ストアズ effective 1 April 2022. - FY2023-Q2RestatedAnnual report
「Also, on the same date, 株式会社９９イチバ, which operates the Other business, changed its corporate name to 株式会社Ｇ‐７リコス・ストアズ.」
The company has reconfirmed in the second quarter that 99イチバ changed its corporate name to G-7リコス・ストアズ effective 1 April 2022. - FY2023-Q1Update following the corporate name and store brand changesAnnual report
「Effective 1 April 2022, 株式会社99イチバ in the Other business changed its corporate name to 株式会社Ｇ‐７リコス・ストアズ. In the Other business, the mini-supermarket chain mini Piago changed its store name to Ricos and continued operating its stores.」
99イチバ changed its corporate name to G-7リコス・ストアズ, and also changed the names of the mini-supermarkets it operates from miniピアゴ to リコス. - FY2022Update to the consolidated subsidiary status following the corporate name changeAnnual report
「株式会社99イチバ changed its corporate name to 株式会社Ｇ－７リコス・ストアズ effective 1 April 2022.」
99イチバ changed its corporate name to G-7リコス・ストアズ effective 1 April 2022. The disclosed voting rights ownership ratio was 80.0% as of the end of March 2022. - FY2021RestatedAnnual report
「The Group decided to acquire the shares of 株式会社99イチバ because making the company a subsidiary would enable it to expand its store network in the Tokyo metropolitan area and was expected to generate significant synergies in food-related businesses. Ownership after acquisition: 80% (acquired 1 April 2020); ownership after planned acquisition on 1 April 2022: 100%.」
The full-year disclosure also confirms the acquisition of 80% on 1 April 2020 and the plan to increase ownership to 100% on 1 April 2022. Following the consolidation of 99イチバ, mini Piago had 72 stores at fiscal year-end. - FY2021-Q3RestatedAnnual report
「In the Other business, the Company made 株式会社99イチバ, which operates the mini-supermarket chain mini Piago in the Tokyo metropolitan area, a consolidated subsidiary in April.」
It reconfirms that 99イチバ was made a consolidated subsidiary in April. The number of mini Piago stores was 72 at the end of the third quarter. - FY2021-Q2AdvancedAnnual report
「In April, the Company made 99イチバ, which operates the mini-supermarket chain mini Piago in the Tokyo metropolitan area, a consolidated subsidiary.」
The consolidation of 99イチバ is again described as an achievement in the second quarter, and mini Piago had 72 stores in the Tokyo metropolitan area. - FY2021-Q1AdvancedAnnual report
「株式会社99イチバ has been pursuing a dominant store-opening strategy centered on the Tokyo metropolitan area for the mini-supermarket chain mini Piago, which serves small trade areas, among other businesses, and currently operates 73 stores in Tokyo and Kanagawa. The Group decided to acquire the shares of 株式会社99イチバ because making the company a subsidiary would enable it to expand its store network in the Tokyo metropolitan area and was expected to generate significant synergies in food-related businesses. Ownership after acquisition on 1 April 2020: 80%; ownership after the planned acquisition on 1 April 2022: 100%.」
On 1 April 2020, the Company completed the acquisition of 80% of the shares of 99イチバ and included its 73 stores in Tokyo and Kanagawa in the consolidated accounts. The plan to acquire 100% on 1 April 2022 remains in place. - FY2020First statedAnnual report
「The Group decided to acquire the shares of 株式会社99イチバ because making the company a subsidiary would enable it to expand its store network in the Tokyo metropolitan area and was expected to generate significant synergies in food-related businesses. Ownership after acquisition: 80% (acquired 1 April 2020); ownership after planned acquisition on 1 April 2022: 100%.」
It describes as a significant subsequent event the plan to acquire 80% on 1 April 2020 and the remaining 20% on 1 April 2022, making 99イチバ a wholly owned subsidiary. The objectives are to expand the store network in the Tokyo metropolitan area and generate synergies in food-related businesses.