Transfer of Fuji Seal Switzerland AG’s Tack Label Business and Narrowing of Business Scope
First written in FY2022-Q3. 5 of 7 entries say "Achieved", first in FY2022-Q3. Latest entry: FY2026.
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- FY2026AchievedAnnual report
「As Fuji Seal Switzerland AG was liquidated during the current consolidated fiscal year, it has been excluded from the scope of consolidation.」
The liquidation proceedings for Fuji Seal Switzerland AG, which had been under way following the transfer of its tack-label business, were completed, and the company was excluded from the scope of consolidation. - FY2024AdvancedAnnual report
「Fuji Seal Switzerland AG is undergoing liquidation proceedings.」
The company disclosed that liquidation proceedings for Fuji Seal Switzerland AG, following the transfer of its tack-label business, are under way. - FY2023-Q3AdvancedAnnual report
「Because the packaging machinery maintenance service business currently being operated will also be transferred to Fuji Seal Germany GmbH, we have decided to dissolve and liquidate the local entity.」
At a board meeting held on 9 February 2023, the company decided to begin dissolution and liquidation procedures for Fuji Seal Switzerland AG and proceeded to the stage of transferring the packaging machinery maintenance service business to Fuji Seal Germany GmbH. - FY2022-Q3AchievedAnnual report
「In response to changes in the environment surrounding the tack-label business in Europe, we have restructured the tack-label and machinery businesses over the past several years. We have now transferred Fuji Seal Switzerland AG's tack-label business to Helvetikett AG, completing a series of business reorganizations aimed at narrowing our focus to business areas in which we have a competitive advantage and concentrating on target customers.」
The company states that it transferred Fuji Seal Switzerland AG's tack-label business to Helvetikett AG on 1 July 2021 and completed a series of business reorganizations aimed at narrowing its focus to business areas in which it has a competitive advantage and concentrating on target customers.