Absorption-type merger of 愛飲 by 阿爾賽 and consolidation of China operations
First written in FY2019. 1 of 3 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2020-Q3.
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- FY2020-Q3AchievedAnnual report
「In addition, the absorption-type merger by our consolidated subsidiary 阿爾賽（蘇州）無機材料有限公司 of our other consolidated subsidiary 愛飲（上海）貿易有限公司, announced in the "Notice Regarding the Merger of Consolidated Subsidiaries" dated 29 March 2019, was completed in October 2019.」
The absorption-type merger of 愛飲 by 阿爾賽 was completed in October 2019, bringing the plan to centralize the China business to the completion stage. - FY2020-Q1AdvancedAnnual report
「阿爾賽（蘇州）無機材料有限公司 is scheduled to absorb and merge with 愛飲（上海）貿易有限公司, the recipient of the investment funds, at the end of August.」
It was reconfirmed that 阿爾賽 was scheduled to absorb and merge with 愛飲 at the end of August, and implementation toward consolidating the China business was underway. The need for additional investment in 愛飲 was eliminated, and the remaining funds were transferred to the Nanomaterials business. - FY2019First statedAnnual report
「At a meeting of the Board of Directors held on 29 March 2019, the Company resolved that its consolidated subsidiary 阿爾賽（蘇州）無機材料有限公司 would absorb and merge with its consolidated subsidiary 愛飲（上海）貿易有限公司. Date of business combination: end of June 2019 (scheduled). Through the merger with 阿爾賽（蘇州）無機材料有限公司, which already has an operating base in China, the Company aims to consolidate its China business and commercialize it at an early stage.」
The Company resolved that 愛飲, which operates a cup-style vending machine business in China, would be absorbed and merged by the existing Chinese subsidiary 阿爾賽, with the aim of consolidating the China business and commercializing it at an early stage.