Making a Spanish automotive business group a subsidiary
First written in FY2017-Q2. 6 of 10 entries say "Restated". Latest entry: FY2025.
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- FY2025AdvancedAnnual report
「The Group additionally acquired part of the shares of its consolidated subsidiary MASTER AUTOMOCION,S.L. As a result, the Group’s effective ownership interest in the company increased from 75.0% to 84.0%.」
The Group’s effective ownership interest in MASTER AUTOMOCION,S.L. in Spain increased from 75.0% to 84.0% through an additional acquisition. - FY2024-Q1AdvancedAnnual report
「From the first quarter of the fiscal year, CATERHAM EVO LIMITED and CICLOS DOMINGO, S.L. newly became consolidated subsidiaries.」
CICLOS DOMINGO, S.L. became a new consolidated subsidiary in connection with the Group’s automotive-related operations in Spain. - FY2019-Q3RestatedAnnual report
「Overseas, the sales results of 3 operating companies newly converted into subsidiaries in Spain and South Africa from the previous fiscal year through the second quarter were added to results.」
The disclosure states that the sales results of 3 overseas companies, including operating companies converted into subsidiaries in Spain, continued to provide an incremental contribution to results. - FY2019-Q2RestatedAnnual report
「Overseas, the sales results of 3 operating companies newly converted into subsidiaries in Spain and South Africa from the previous fiscal year through the second quarter were added to results.」
The disclosure reconfirms that the sales results of the existing Spanish operations and newly acquired subsidiaries, together with the South African operating company, contributed to results. - FY2019-Q1AdvancedAnnual report
「Overseas, the Group was able to add the sales results of 3 operating companies newly made subsidiaries in Spain and South Africa between the previous fiscal year and the first quarter to its results.」
The disclosure states that, in addition to the existing Spanish operations, the sales results of overseas operating companies, including businesses newly converted into subsidiaries in Spain from the previous fiscal year through the first quarter, provided an incremental contribution to results. - FY2018-Q2RestatedAnnual report
「The sales results of 12 operating companies under MASTER AUTOMOCION, S.L. in Spain, which became subsidiaries in October of the previous year, were added to the scope of consolidation, among other factors.」
The sales results of the operating companies under MASTER AUTOMOCION, S.L. in Spain are reiterated as having contributed to consolidated results. - FY2018-Q1RestatedAnnual report
「The sales results of 12 operating companies under MASTER AUTOMOCION, S.L. in Spain, which became subsidiaries in October of the previous year, were added to the scope of consolidation, among other factors.」
The sales results of MASTER AUTOMOCION, S.L. in Spain and its 12 subsidiaries are reiterated as factors contributing to the scope of consolidation and the increase in sales in the first quarter. - FY2017RestatedAnnual report
「The Company acquired 75% of the issued shares of MASTER AUTOMOCION, S.L., a holding company for a group engaged in automotive sales-related operations in Spain, and made the company a subsidiary.」
The acquisition of 75% of the shares of the Spanish holding company and its conversion into a subsidiary are reiterated in the explanations of the business combination and scope of consolidation. - FY2017-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 3 October 2016, we resolved to acquire 75% of the issued shares of MASTER AUTOMOCION, S.L., the holding company of a group engaged in the automotive-related business in Spain, and made it a subsidiary on the same day.」
The acquisition of 75% of the shares of the Spanish holding company and its conversion into a subsidiary are reiterated under the scope of consolidation and significant management contracts, among other items. - FY2017-Q2AchievedAnnual report
「At a meeting of the Board of Directors held on 3 October 2016, we resolved to acquire 75% of the issued shares of MASTER AUTOMOCION, S.L., the holding company of a group engaged in the automotive-related business in Spain, and made it a subsidiary on the same day.」
The Company acquired 75% of the shares of a Spanish holding company with 11 new-vehicle dealerships and other businesses under its umbrella for a purchase price of €17,960 thousand, approximately ¥2,049 million, and made it a subsidiary.