Transition from a pure holding company to an operating holding company
First written in FY2016. 1 of 4 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2018-Q1.
No other company in this theme has enough history to compare yet.
- FY2018-Q1Cited as achievedAnnual report
「The Company transitioned to an operating holding company structure to achieve further growth for the Group as a whole centred on the watch business and strengthen head-office functions.」
The transition to an operating holding company structure is reiterated as an initiative carried out in the previous fiscal year. - FY2017-Q3AchievedAnnual report
「シチズン時計 and シチズンビジネスエキスパート were dissolved through an absorption-type merger in which the Company was the surviving company.」
An absorption-type merger was carried out on 1 October 2016, completing the transition from a pure holding company to an operating holding company. The name of the post-combination company is シチズン時計. - FY2017-Q2AdvancedAnnual report
「シチズンホールディングス株式会社 changed its corporate name to シチズン時計 on 1 October 2016.」
In connection with the transition to an operating holding company structure, the corporate name was changed on 1 October 2016. - FY2016First statedAnnual report
「The Group concluded that transitioning to an operating holding company structure, under which the Company would directly operate the watch business, would be the optimal approach to further advance the “Citizen Global Plan 2018,” achieve further growth for the Group as a whole centred on the watch business, and strengthen head-office functions.」
The Company planned to merge with シチズン時計 and シチズンビジネスエキスパート and transition to an operating holding company structure on 1 October 2016.