Making ㈱ホンダ四輪販売丸順 a Subsidiary
First written in FY2021. 2 of 5 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2023-Q3.
3 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「During the first consolidated quarter, consolidated subsidiary Honda Cars Tokai Co., Ltd. absorbed and merged another consolidated subsidiary, 株式会社ホンダ四輪販売丸順.」
The absorption merger of 株式会社ホンダ四輪販売丸順 by Honda Cars Tokai is reconfirmed in the third quarter as a change in the business structure. - FY2023-Q2RestatedAnnual report
「In the automotive sales-related business, during the first consolidated quarter, consolidated subsidiary Honda Cars Tokai Co., Ltd. absorbed and merged another consolidated subsidiary, 株式会社ホンダ四輪販売丸順.」
The absorption merger of 株式会社ホンダ四輪販売丸順 by Honda Cars Tokai carried out in the first quarter is reconfirmed in the second quarter as a change in the business structure. - FY2023-Q1AdvancedAnnual report
「During the first consolidated quarter of the current fiscal year, consolidated subsidiary Honda Cars Tokai Co., Ltd. absorbed and merged another consolidated subsidiary, 株式会社ホンダ四輪販売丸順.」
Following the acquisition of 100% of the voting rights, Honda Cars Tokai absorbed and merged 株式会社ホンダ四輪販売丸順, advancing the management integration. - FY2022-Q2AdvancedAnnual report
「At a board meeting held on 30 September 2021, we resolved to conduct a simplified share exchange under which we would be the wholly owning parent company and our consolidated subsidiary 株式会社ホンダ四輪販売丸順 (hereinafter, “ホンダ四輪販売丸順”) would be the wholly owned subsidiary, and acquired all shares issued by ホンダ四輪販売丸順 on 1 November 2021.」
The company carried out a management integration through a share exchange to acquire 100% of ホンダ四輪販売丸順, in which it already held 66% of the voting rights. It also describes a policy of strengthening sales capabilities in Aichi and Gifu and expanding the Honda dealership business through integration with Honda Cars Tokai. - FY2021AchievedAnnual report
「Honda Cars Tokai Co., Ltd., our consolidated subsidiary, decided to acquire additional shares in 株式会社ホンダ四輪販売丸順, which operates a Honda dealership in Ogaki, Gifu Prefecture, pursuant to a board resolution dated 23 November 2020, and made it a subsidiary on 4 January 2021.」
In addition to the 34% already held, the company acquired an additional 32%, bringing the voting rights ratio to 66%. It plans to strengthen Honda-vehicle sales in Gifu Prefecture by advancing the partnership.