Complementing and Expanding the Pressure Standards Business through the Acquisition of 双葉測器製作所 as a Subsidiary
First written in FY2018-Q2. 1 of 2 entries say "Restated". Latest entry: FY2018-Q3.
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- FY2018-Q3RestatedAnnual report
「In addition to the contribution from operations at the joint venture in Europe, sales were boosted by the contribution from Futaba SOKKI SEISAKUSHO Co., Ltd., which became a subsidiary in July, and other factors. Net sales totaled ¥37,089 million, up 19.3% year on year.」
The contribution to sales following the acquisition of Futaba SOKKI SEISAKUSHO Co., Ltd. continues to be reported, but no new acquisition or sales expansion milestone is indicated. - FY2018-Q2First statedAnnual report
「Business combination date 3 July 2017 Voting rights acquired 100% Making Futaba SOKKI SEISAKUSHO Co., Ltd. a subsidiary complements our pressure standards products. We expect this to further solidify our position in the domestic manufacture of deadweight pressure balances (pressure standards), enhance our product lineup, and expand sales through the Group's sales network.」
The company acquired all shares of Futaba SOKKI SEISAKUSHO Co., Ltd. and made it a subsidiary on 3 July 2017. The company cited the complementarity of its pressure standards products and technologies, and the strengthening of its domestic manufacturing position, product lineup and sales expansion through the Group's sales network as the reasons.