Realizing synergies with Mitsubishi Gas Chemical
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2024-Q3.
No other company in this theme has enough history to compare yet.
- FY2024-Q3DroppedAnnual report
「The company terminated, effective 22 December 2023, the memorandum of basic agreement on the capital and business alliance dated 4 February 2015 between the company and Mitsubishi Gas Chemical Company, Inc. The termination dissolved the capital and business alliance with Mitsubishi Gas Chemical Company, Inc., but the company stated that it would continue its good business relationship with Mitsubishi Gas Chemical Company, Inc. and work to enhance the value of the Group.」
The company terminated the memorandum of basic agreement on the capital and business alliance and dissolved the capital and business alliance. It stated, however, that its business relationship with Mitsubishi Gas Chemical Company, Inc. would continue. - FY2024-Q2SoftenedAnnual report
「The company determined that the initiatives of both companies would be limited if the current relationship were maintained, and that it would be difficult to achieve results sufficient to justify maintaining the memorandum of basic agreement on the capital and business alliance dated 4 February 2015 between the company and Mitsubishi Gas Chemical Company, Inc. Accordingly, it was considered desirable for Mitsubishi Gas Chemical Company, Inc. and the company to pursue higher Group corporate value while considering and implementing their own growth strategies.」
Regarding the capital and business alliance with Mitsubishi Gas Chemical Company, Inc., the company stated that the initiatives would be limited if the current relationship were maintained and that it would be difficult to achieve results sufficient to justify maintaining the memorandum of basic agreement. - FY2021RestatedAnnual report
「In February 2015, the company entered into a memorandum of basic agreement on a capital and business alliance with Mitsubishi Gas Chemical Company, Inc. The purpose was to realize synergies between the two companies by strengthening their earnings power, creating and nurturing new businesses, and improving management efficiency, thereby increasing the corporate value of each company and, in turn, the value of the Group.」
The company continues to state that the objectives of its alliance with Mitsubishi Gas Chemical Company, Inc. are to improve earnings power, develop new businesses, increase management efficiency, and enhance corporate value. - FY2018RestatedAnnual report
「In February 2015, the company entered into a memorandum of basic agreement on a capital and business alliance with Mitsubishi Gas Chemical Company, Inc. The purpose was to realize synergies between the two companies by strengthening their earnings power, creating and nurturing new businesses, and improving management efficiency, thereby increasing the corporate value of each company and, in turn, the value of the Group.」
The company continues to state that the objectives of its alliance with Mitsubishi Gas Chemical Company, Inc. are to improve earnings power, develop new businesses, increase management efficiency, and enhance corporate value. - FY2017RestatedAnnual report
「In February 2015, the company entered into a memorandum of basic agreement on a capital and business alliance with Mitsubishi Gas Chemical Company, Inc. The purpose was to realize synergies between the two companies by strengthening their earnings power, creating and nurturing new businesses, and improving management efficiency, thereby increasing the corporate value of each company and, in turn, the value of the Group.」
The company has reiterated that the capital and business alliance with Mitsubishi Gas Chemical Company, Inc. was intended to improve earnings power, develop new businesses, increase management efficiency, and enhance corporate value. - FY2016First statedAnnual report
「In February 2015, the company entered into a memorandum of basic agreement on a capital and business alliance with Mitsubishi Gas Chemical Company, Inc. The purpose was to realize synergies between the two companies by strengthening their earnings power, creating and nurturing new businesses, and improving management efficiency, thereby increasing the corporate value of each company and, in turn, the value of the Group.」
The company explains that the objectives of its alliance with parent company Mitsubishi Gas Chemical Company, Inc. are to improve earnings power, develop new businesses, increase management efficiency, and enhance corporate value.