Full Acquisition of MICS Chemical Through a Share Exchange and Integration of Film Manufacturing and Bag-Making Processes
First written in FY2024-Q3. 2 of 4 entries say "Achieved", first in FY2024. Latest entry: 2026-04-10.
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- 2026-04-10AchievedEarnings
「During the third quarter, following the transfer of all shares in エヌ・ピー・ジー・ジャパン株式会社, formerly a consolidated subsidiary, エヌ・ピー・ジー・ジャパン株式会社, 廊坊中本包装有限公司, a consolidated subsidiary and a sub-subsidiary wholly owned by the former, and 滄州中本華翔新型材料有限公司, a consolidated subsidiary and a sub-sub-subsidiary wholly owned by the latter, were excluded from the scope of consolidation.」
The exclusion of the three China-related companies from the scope of consolidation has been completed, concluding the previously planned transfer. - FY2025-H1Cited as achievedAnnual report
「Gross profit was ¥54 million, up 19.5% year on year, due to an increase in general-purpose multilayer nylon co-extruded bags produced by 中本アドバンストフィルム株式会社, which became a consolidated subsidiary in the previous fiscal year and was formerly named MICS化学株式会社.」
The business of MICS化学 after it became a wholly owned subsidiary contributed to higher sales of general-purpose products and increased profit under its new corporate name, 中本アドバンストフィルム. - FY2024AchievedAnnual report
「The Company carried out a share exchange on 1 February 2024 under which it became the wholly owning parent company and MICS化学株式会社 the wholly owned subsidiary.” “Voting rights acquired on the business combination date: 50.6%” “Voting rights after the acquisition: 100.0%」
With respect to the decision made in October 2023 to make MICS化学 a wholly owned subsidiary, the share exchange was carried out on 1 February 2024, resulting in a 100% voting interest. - FY2024-Q3First statedAnnual report
「At a Board of Directors meeting held on 17 October 2023, the Company resolved to carry out a share exchange under which the Company would become the wholly owning parent company and MICS化学株式会社 the wholly owned subsidiary, and entered into a share-exchange agreement on the same date.” “Scheduled implementation date of the share exchange (effective date): 1 February 2024 (Thursday) (scheduled)” “Share-exchange allocation ratio: 1 0.28” “Number of shares to be issued in the share exchange: the Company's common shares: 747,471 shares (scheduled)」
The Company conducted a tender offer for MICS化学, which operates a plastic film manufacturing and bag-making business upstream and downstream of gravure printing and lamination, and entered into a share-exchange agreement with 1 February 2024 as the effective date. The plan was to make MICS化学 a wholly owned subsidiary, and the share-exchange ratio and planned number of shares to be issued were also disclosed.