Consolidation of Management Resources and Management Efficiency Through the Absorption of 4 Wholly Owned Subsidiaries
First written in FY2017-Q3. 3 of 5 entries say "Restated". Latest entry: FY2018-Q3.
24 other companies' latest entry also says "Restated".
- FY2018-Q3RestatedAnnual report
「Effective 1 April 2017, the Company absorbed its 4 domestic production subsidiaries, Shinano Polymer Co., Ltd., Niigata Polymer Co., Ltd., Urawa Polymer Co., Ltd. and Sun Ace Co., Ltd. The purpose was to improve operating efficiency by consolidating management resources and integrating organizational operations.」
The absorption of 4 domestic production subsidiaries and the resulting improvement in operating efficiency through the consolidation of management resources and integration of organizational operations are reiterated. - FY2018-Q2RestatedAnnual report
「Effective 1 April 2017, the Company absorbed its 4 domestic production subsidiaries, Shinano Polymer Co., Ltd., Niigata Polymer Co., Ltd., Urawa Polymer Co., Ltd. and Sun Ace Co., Ltd. The purpose was to improve operating efficiency by consolidating management resources and integrating organizational operations.」
The absorption of 4 domestic production subsidiaries and the objective of improving operating efficiency by consolidating management resources and integrating organizational operations are reiterated. - FY2018-Q1RestatedAnnual report
「Effective 1 April 2017, the Company absorbed its 4 domestic production subsidiaries, Shinano Polymer Co., Ltd., Niigata Polymer Co., Ltd., Urawa Polymer Co., Ltd. and Sun Ace Co., Ltd. The purpose was to improve operating efficiency by consolidating management resources and integrating organizational operations.」
The absorption of 4 domestic production subsidiaries was completed effective 1 April 2017, and the Company is proceeding with the consolidation of management resources and integration of organizational operations. - FY2017AchievedAnnual report
「The Company absorbed 4 domestic production-related subsidiaries effective 1 April 2017. It will improve operating efficiency by consolidating management resources and integrating organizational operations.」
Shinano Polymer, Niigata Polymer, Urawa Polymer and Sun Ace were absorbed effective 1 April 2017, and the plan was completed. - FY2017-Q3First statedAnnual report
「Based on a resolution adopted at a meeting of the Board of Directors held on 26 December 2016, the Company entered into an absorption-type merger agreement on the same date under which the Company would be the surviving company and its wholly owned subsidiaries Shinano Polymer Co., Ltd., Niigata Polymer Co., Ltd., Urawa Polymer Co., Ltd. and Sun Ace Co., Ltd. would be the absorbed companies.」
The Company first disclosed a plan to absorb 4 wholly owned subsidiaries effective 1 April 2017 and improve operating efficiency by consolidating management resources and integrating organizational operations.