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Argo Graphics (7595) · InitiativeFirst stated

Group Integration and Efficiency Gains Through HIT’s Absorption-Type Merger

First written in FY2019. . Latest entry: FY2019.

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Group integration and reduced maintenance and administration costs through the absorption of HITA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

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  1. FY2019First statedAnnual report

    「HIT Co., Ltd. was a subsidiary established to sell and provide maintenance services for PLM-related products. Because most of its business had been transferred to the Company, it was absorbed in a merger to integrate and streamline the group and reduce the costs of maintaining and administering the subsidiary.」

    The disclosure states that the Company absorbed its wholly owned subsidiary HIT in a merger effective 1 February 2019, with the aim of integrating and streamlining the group and reducing subsidiary maintenance and administration costs.
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Group Integration and Efficiency Gains Through HIT’s Absorption-Type Merger | ARGO GRAPHICS Inc. (7595) | Komori