Komori
Kamei (8037) · InitiativeAchieved

Separation of the soft drinks business through a share exchange

First written in FY2016. 1 of 1 entries say "Achieved", first in FY2016. Latest entry: FY2016.

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Separation of the soft drinks business through a share exchangeA theme 1 companies write about · 0 as a headwind · 0 as a tailwind

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  1. FY2016AchievedAnnual report

    「We concluded that integrating the businesses with Coca-Cola East Japan, the largest bottler in Japan, rather than having Sendai Coca-Cola Bottling operate independently, would expand scale and improve business efficiency, contribute to the further development of the regions in which the company operates, and help enhance its overall corporate value. Accordingly, based on the agreement reached between the company and Coca-Cola East Japan, we decided to implement this share exchange and determined that it would be best for us to build a new relationship as a shareholder of Coca-Cola East Japan.」

    The business was separated through a share exchange on 1 April 2015 and excluded from the scope of consolidation.
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