Simplification of the Management Control Structure Through the Absorption Merger of 7 Consolidated Subsidiaries
First written in FY2019-Q3. 4 of 7 entries say "Restated". Latest entry: FY2021-Q3.
25 other companies' latest entry also says "Advanced".
- FY2021-Q3AdvancedAnnual report
「Effective 21 December 2020, ツカモト市田株式会社, a consolidated subsidiary of the Company, relocated the office housing its head-office functions. This was part of the organisational restructuring plan that had continued from the previous consolidated fiscal year, and the relocation-related expenses were recorded as an extraordinary loss.」
As part of the organisational restructuring plan continuing after the absorption-type merger of 7 companies, the office housing the head-office functions of ツカモト市田株式会社 was relocated effective 21 December 2020. - FY2020RestatedAnnual report
「As ツカモトアパレル株式会社, ツカモトユーエス株式会社, ツカモトエイム株式会社, 市田株式会社 (specified subsidiary), ツカモト株式会社, 塚本倉庫株式会社 and 株式会社創新, 7 companies, ceased to exist as a result of the absorption-type merger effective 1 April 2019, they have been excluded from the scope of consolidation.」
The absorption-type merger of 7 companies effective 1 April 2019 has been completed, and the exclusion of the companies concerned from the scope of consolidation has been reconfirmed. - FY2020-Q3RestatedAnnual report
「During the first quarter consolidated accounting period, ツカモトアパレル株式会社, ツカモトユーエス株式会社, ツカモトエイム株式会社, ツカモト株式会社, 市田株式会社, 塚本倉庫株式会社 and 株式会社創新, 7 companies, ceased to exist as a result of an absorption-type merger with the Company as the surviving company and have therefore been excluded from the scope of consolidation. The number of consolidated subsidiaries after the change is 3.」
The companies concerned were excluded from the scope of consolidation as a result of the absorption-type merger of 7 companies effective 1 April 2019, and the resulting number of consolidated subsidiaries, 3, has been reconfirmed. - FY2020-Q2RestatedAnnual report
「As ツカモトアパレル株式会社, ツカモトユーエス株式会社, ツカモトエイム株式会社, 市田株式会社 (specified subsidiary), ツカモト株式会社, 塚本倉庫株式会社 and 株式会社創新, 7 consolidated subsidiaries, ceased to exist as a result of the absorption-type merger effective 1 April 2019, with the Company as the surviving company, they have been excluded from the scope of consolidation.」
The absorption-type merger of 7 companies effective 1 April 2019 has been completed, and the exclusion of the companies concerned from the scope of consolidation has been reconfirmed. - FY2020-Q1RestatedAnnual report
「As ツカモトアパレル株式会社, ツカモトユーエス株式会社, ツカモトエイム株式会社, 市田株式会社 (specified subsidiary), ツカモト株式会社, 塚本倉庫株式会社 and 株式会社創新, 7 consolidated subsidiaries, ceased to exist as a result of the absorption-type merger effective 1 April 2019, with the Company as the surviving company, they have been excluded from the scope of consolidation.」
The absorption-type merger of 7 companies effective 1 April 2019 has been completed, and the exclusion of the companies concerned from the scope of consolidation has been reconfirmed. - FY2019AchievedAnnual report
「Pursuant to a resolution of the Board of Directors dated 26 December 2018, the Company completed an absorption-type merger effective 1 April 2019, with the Company as the surviving company and its consolidated subsidiaries ツカモトアパレル株式会社, ツカモトユーエス株式会社, ツカモトエイム株式会社, ツカモト株式会社, 市田株式会社, 塚本倉庫株式会社 and 株式会社創新 as the absorbed companies.」
The absorption-type merger of the 7 consolidated subsidiaries planned and contracted in FY2019-Q3 was completed on 1 April 2019, completing the organisational restructuring aimed at simplifying the management structure and eliminating duplicated operations. - FY2019-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 26 December 2018, the Company resolved to conduct an absorption-type merger, effective 1 April 2019, under which the Company would be the surviving company and its consolidated subsidiaries Tsukamoto Apparel Co., Ltd., Tsukamoto US Co., Ltd., Tsukamoto Aim Co., Ltd., Tsukamoto Co., Ltd., Ichida Co., Ltd., Tsukamoto Warehouse Co., Ltd. and 創新株式会社 (collectively, the "seven consolidated subsidiaries") would be the absorbed companies. On the same date, the Company entered into merger agreements with the seven consolidated subsidiaries. Through the merger, the Company will eliminate overlapping operations and make greater use of human resources to improve the efficiency of Group management.」
The company resolved and entered into an agreement for the absorption-type merger of 7 consolidated subsidiaries into the Company, with 1 April 2019 as the effective date. This was first explicitly presented as a measure to simplify the Group’s management and supervisory structure, eliminate duplicated operations and make effective use of human resources, replacing management of subsidiaries by a holding company.