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Starzen (8043) · InitiativeAchieved

Company split of the Food Manufacturing Division and consolidation of the business under Starzen Foods

First written in FY2017-Q3. 2 of 6 entries say "Achieved", first in FY2018-Q1. Latest entry: FY2019.

6entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017-Q3RestatedFY2018-Q2 – FY2018-Q3ReframedFY2019-Q22017: 320172018: 220182019: 12019
Same theme, other companies
Company split and centralization of the food manufacturing business under a subsidiaryA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2019AchievedAnnual report

    「The company resolved to absorb its wholly owned subsidiaries スターゼンインターナショナル株式会社 and スターゼン食品株式会社 and completed the merger effective 1 April 2019.」

    Following the consolidation of the food manufacturing business under スターゼン食品, the absorption merger of スターゼンインターナショナル and スターゼン食品 was carried out on 1 April 2019.
  2. FY2019-Q2ReframedAnnual report

    「At a meeting of the Board of Directors held on 6 November 2018, the company resolved to absorb スターゼンインターナショナル株式会社 and スターゼン食品株式会社, both wholly owned subsidiaries, with 1 April 2019 as the effective date.」

    For the former corporate structure in which the Food Manufacturing Division had been consolidated under スターゼン食品, a policy was announced to absorb two wholly owned subsidiaries, including スターゼン食品, into the company effective 1 April 2019, initiating a restructuring of the organizational structure.
  3. FY2018-Q3RestatedAnnual report

    「As スターゼン食品株式会社 became more material during the first quarter consolidated accounting period, it has been included in the scope of consolidation.」

    It was reconfirmed that スターゼン食品株式会社, which received and consolidated the business of the Food Manufacturing Division, was included in the scope of consolidation because of its increased materiality.
  4. FY2018-Q2RestatedAnnual report

    「As スターゼン食品株式会社 became more material during the first quarter consolidated accounting period, it has been included in the scope of consolidation.」

    It was reconfirmed that スターゼン食品株式会社, which received and consolidated the business of the Food Manufacturing Division, was included in the scope of consolidation because of its increased materiality.
  5. FY2018-Q1AchievedAnnual report

    「At a meeting of the Board of Directors held on 13 January 2017, the company resolved to effect a corporate demerger of the business operated by its Food Manufacturing Division and transfer it to スターゼン食品株式会社, a newly established wholly owned subsidiary. The company subsequently entered into an absorption-type company split agreement dated 8 February 2017. Based on this agreement, the absorption-type company split was carried out on 1 April 2017.」

    The absorption-type company split transferring and consolidating the meat-processing manufacturing and sales business of the Food Manufacturing Division under スターゼン食品株式会社 was carried out on 1 April 2017.
  6. FY2017-Q3First statedAnnual report

    「In our food manufacturing division, we aim to manufacture and supply high-value-added products by leveraging the expertise developed through extensive experience and proposing products tailored to customer needs, from product development through mass-production supply. By transferring and consolidating this business into a newly established successor company, we aim to accelerate decision-making and improve management efficiency, respond flexibly to customer needs, and provide even greater added value.」

    The company resolved on 13 January 2017 to effect a corporate demerger and entered into an absorption-type company split agreement on 8 February 2017. The business of the Food Manufacturing Division was to be transferred to and consolidated under the newly established スターゼン食品株式会社, with the effective date scheduled for 1 April 2017.
Moved together

"Payment Risk Associated with Guarantees of Obligations Owed by Affiliates and Other Related Parties" moved the same way as this thread, in the same document, in 2 of its 6 moves.

22★12
  1. ★This thread
  2. 1Payment Risk Associated with Guarantees of Obligations Owed by Affiliates and Other Related Parties2×
  3. 2Impairment of Fixed Assets Due to Declining Profitability and Changes in Market Conditions2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Company split of the Food Manufacturing Division and consolidation of the business under Starzen Foods | Starzen Company Limited (8043) | Komori