Strengthening Technology and European Logistics Capabilities Through an Investment in Woehlk Contactlinsen GmbH
First written in FY2019. 2 of 3 entries say "Advanced", first in FY2020-Q3. Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020AdvancedAnnual report
「The voting rights ratio of the additionally acquired shares was 54%. Through this additional acquisition, the voting rights ratio in Woehlk Contactlinsen GmbH increased from 40% to 94%. The purpose of the additional acquisition was to further strengthen the European business and achieve stable business operations.」
The voting rights ratio in Woehlk Contactlinsen GmbH was raised from 40% to 94%, completing the acquisition of control aimed at strengthening and stabilizing the European business. - FY2020-Q3AdvancedAnnual report
「The company had applied provisional accounting treatment in the previous consolidated fiscal year for the business combination with Woehlk Contactlinsen GmbH carried out on 28 March 2019, but the accounting treatment was finalized in the consolidated third quarter of the current fiscal year.」
The accounting treatment for the business combination with Woehlk Contactlinsen GmbH was finalized, and provisional goodwill of ¥188.346 million was revised to ¥39.666 million. - FY2019First statedAnnual report
「At the end of March 2019, the company acquired a 40% stake in Woehlk Contactlinsen GmbH, headquartered in Kiel, Federal Republic of Germany, and made it a consolidated subsidiary from the fiscal year ended March 2019. Going forward, the company will work to further strengthen its ties and expand its product development capabilities and logistics functions in Europe.」
The company acquired a 40% stake in Woehlk Contactlinsen GmbH and made it a consolidated subsidiary, with the aim of expanding product development capabilities and logistics functions in Europe.