Strengthening the Manufacturing Structure for Storage Products by Making Nankai Chemical a Subsidiary
First written in FY2020. 2 of 4 entries say "Restated". Latest entry: FY2021-Q3.
No other company in this theme has enough history to compare yet.
- FY2021-Q3RestatedAnnual report
「Following the additional acquisition of shares in 南海化工株式会社, formerly an equity-method affiliate, the company has been included within the scope of consolidation from the first quarter of the current consolidated fiscal year.」
The Group continued to disclose the acquisition of additional shares in 南海化工, its conversion into a subsidiary, and its inclusion within the scope of consolidation. - FY2021-Q2RestatedAnnual report
「Following the additional acquisition of shares in 南海化工株式会社, formerly an equity-method affiliate, the company has been included within the scope of consolidation from the first quarter of the current consolidated fiscal year.」
The Group continued to disclose the acquisition of additional shares in 南海化工, its conversion into a subsidiary, and its inclusion within the scope of consolidation. - FY2021-Q1AdvancedAnnual report
「Following the inclusion of 南海化工株式会社 as a consolidated subsidiary and within the scope of consolidation on 1 April 2020, the reporting segment "General Piping Construction-Related Business" was newly added from the first quarter of the current consolidated fiscal year.」
Following the acquisition of 南海化工 as a subsidiary, the General Piping Construction-Related Business was incorporated into consolidated results as a new reporting segment. - FY2020First statedAnnual report
「On 1 April 2020, the Company acquired additional shares in 南海化工株式会社, an equity-method affiliate, and made it a subsidiary. The Company decided to acquire the additional shares because making the company a subsidiary would strengthen its manufacturing structure for storage products and was expected to generate synergies.」
南海化工 became a subsidiary on 1 April 2020, increasing the voting rights ratio from 28.0% to 60.8%. Strengthening the manufacturing structure for storage products and generating synergies were cited as the reasons for the acquisition.