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Kohnan Shoji (7516) · InitiativeAchieved

Improving Group Management and Store-Opening Efficiency Through the Absorption Merger of 堺中央綜合卸売市場株式会社

First written in FY2017-Q3. 1 of 2 entries say "Achieved", first in FY2017. Latest entry: FY2017.

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ProgressHeldSoftenedWorseFirst statedFY2017-Q32017: 22017
Same theme, other companies
Centralization and greater efficiency in group management through the merger and integration of subsidiariesA theme 205 companies write about · 1 as a headwind · 217 as a tailwind

88 other companies' latest entry also says "Achieved".

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  1. FY2017AchievedAnnual report

    「Following approval at a meeting of the Board of Directors held on 24 October 2016 pursuant to Article 370 of the Companies Act and Article 22 of the Company's Articles of Incorporation (written resolutions of the Board of Directors), the Company absorbed and merged its wholly owned subsidiary, 堺中央綜合卸売市場株式会社, effective 1 January 2017. To simplify Group management and improve the efficiency of its store-opening policy, the Company absorbed and merged, effective 1 January 2017, 堺中央綜合卸売市場株式会社, a real-estate-owning subsidiary that it had made a subsidiary on 31 May 2016.」

    The absorption-type merger of 堺中央綜合卸売市場株式会社, made a wholly owned subsidiary, was completed on 1 January 2017, bringing the objectives of simplifying Group management and improving the efficiency of the store-opening policy to the completion stage.
  2. FY2017-Q3First statedAnnual report

    「Effective 1 January 2017, the Company completed an absorption-type merger with Sakai Chuo Sogo Wholesale Market Co., Ltd., its wholly owned subsidiary.」

    The Company decided to absorb its wholly owned subsidiary by merger, effective 1 January 2017, to simplify group management and improve the efficiency of its store-opening policy.
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Improving Group Management and Store-Opening Efficiency Through the Absorption Merger of 堺中央綜合卸売市場株式会社 | KOHNAN SHOJI CO.,LTD. (7516) | Komori