Expanding Southeast Asian Market Share and Strengthening Group Collaboration by Making R K Instruments(S) Pte. Ltd. a Subsidiary
First written in FY2019-Q2. 2 of 6 entries say "Advanced", first in FY2019. Latest entry: FY2026-H1.
The whole theme swung hardest in 2017: 1 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2026-H1R K Instruments(S) Pte. Ltd. changed its corporate name to RIKEN KEIKI ASIA PACIFIC PTE.LTD.Annual report
「During the current interim consolidated fiscal period, R K INSTRUMENTS(S)PTE LTD, the company's consolidated subsidiary, changed its corporate name to RIKEN KEIKI ASIA PACIFIC PTE.LTD.」
The wholly owned subsidiary responsible for sales and after-sales services in Southeast Asia changed its corporate name. - FY2023Cited as achievedAnnual report
「Following the acquisition, the company's voting interest in the subsidiary will increase from 75.0% to 100.0%.」
The conversion of R K INSTRUMENTS(S) PTE LTD into a wholly owned subsidiary has been reconfirmed in the business combination and affiliated company disclosures. - FY2022-Q2AdvancedAnnual report
「The company acquired shares in R K INSTRUMENTS(S)PTE LTD, its consolidated subsidiary that sells gas detection and alarm equipment and provides after-sales maintenance services in Singapore, in order to increase its ownership interest. Following the acquisition, the company's voting interest in the subsidiary will be 100.0%.」
On 1 July 2021, the company additionally acquired shares in R K INSTRUMENTS(S)PTE LTD, increasing its voting interest from 51.0% to 100.0%. The acquisition cost was ¥1,481.848 million, strengthening its Southeast Asian sales and after-sales service platform by making the company a wholly owned subsidiary. - FY2019AdvancedAnnual report
「RKS established a sales company in Malaysia in April 2018, with a 70% investment, and is actively conducting sales activities in Malaysia. Going forward, RKS will continue to lead active sales activities in the Southeast Asian market.」
As part of its Southeast Asian operations centered on RKS, the company established a sales company in Malaysia with a 70% ownership interest and began sales activities. - FY2019-Q3RestatedAnnual report
「During the second quarter of the consolidated fiscal year, the company additionally acquired shares in R K Instruments(S) Pte. Ltd., previously an equity-method affiliate, and made it a consolidated subsidiary. Accordingly, the company is included in the scope of consolidation.」
The inclusion of R K Instruments(S) Pte. Ltd. in the scope of consolidation following the additional acquisition and its conversion into a consolidated subsidiary has been confirmed. No new measures to expand market share are described. - FY2019-Q2First statedAnnual report
「To expand its share of overseas markets and strengthen group cooperation with the acquired company, which was a distributor in the Southeast Asian market, the company decided to make the acquired company a consolidated subsidiary.」
On 1 July 2018, the company additionally acquired a 12.3% voting interest in R K Instruments(S) Pte. Ltd., increasing its ownership from 38.7% to 51.0% and making it a consolidated subsidiary. The acquisition was intended to strengthen cooperation in sales and after-sales services in Southeast Asia and expand the company's share of overseas markets.