Transition to a holding company structure and business separation
First written in FY2021. 1 of 4 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2022.
No other company in this theme has enough history to compare yet.
- FY2022RestatedAnnual report
「Based on the absorption-type company split agreement approved at the Company's annual general meeting of shareholders held on 28 June 2021, the Company transferred its business to 京都きもの友禅株式会社 on 1 October 2021 and transitioned to a holding company structure. On the same date, the Company changed its corporate name to 株式会社YU-WA Creation Holdings (known as YU-WA Creation Holdings).」
The annual report confirms that the transition to a holding company structure, business transfer and corporate name change were completed on 1 October 2021. - FY2022-Q2AchievedAnnual report
「The Company also resolved to change its corporate name to 株式会社YU-WA Creation Holdings (known as YU-WA Creation Holdings) on 1 October 2021 and to amend part of its Articles of Incorporation to align its business purposes with its post-transition business structure. The relevant proposals concerning the absorption-type company split and the amendments to the Articles of Incorporation were approved at the Company's annual general meeting of shareholders held on 28 June 2021.」
With the execution of the absorption-type company split agreement, resolutions to change the corporate name and amend the Articles of Incorporation, and approval at the shareholders' meeting completed, the business was transferred to the successor company on 1 October 2021. - FY2022-Q1AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 10 May 2021, the Company entered into an absorption-type company split agreement with the split preparation company on the same date. The Company also resolved to change its corporate name to 株式会社YU-WA Creation Holdings (known as YU-WA Creation Holdings) on 1 October 2021 and to amend part of its Articles of Incorporation to align its business purposes with its post-transition business structure. This company split is referred to below as the absorption-type company split. The relevant proposals concerning the absorption-type company split and the amendments to the Articles of Incorporation were approved at the Company's annual general meeting of shareholders held on 28 June 2021.」
The transition to a holding company structure progressed through the execution of the absorption-type company split agreement, resolutions to change the corporate name and amend the Articles of Incorporation, and approval at the annual general meeting of shareholders. The effective date was scheduled for 1 October 2021. - FY2021First statedAnnual report
「At a meeting of the Board of Directors held on 24 February 2021, the Company resolved to establish 株式会社京都きもの友禅分割準備会社 as a wholly owned subsidiary, in preparation for the transition to a holding company structure scheduled for 1 October 2021, and to transfer the kimono-related business and financial services business to the successor company through an absorption-type company split. The company was scheduled to change its name to 京都きもの友禅株式会社 on 1 October 2021.」
In preparation for the planned transition to a holding company structure on 1 October 2021, the Company established a wholly owned company to prepare for the split and decided to transfer the kimono-related business and financial services business through an absorption-type company split.