Acquisition of a Construction Equipment Sales and Rental Business in Southeast Asia
First written in FY2021-Q3. 1 of 2 entries say "Advanced", first in FY2021. Latest entry: FY2021.
The whole theme swung hardest in 2020: 2 of 9 companies on the "Worse" side.
14 other companies' latest entry also says "Advanced".
- FY2021AdvancedAnnual report
「The principal business combinations during the fiscal year were businesses including construction equipment sales and rental operations in Southeast Asia.」
The construction equipment sales and rental business in Southeast Asia, which had been presented as an investment and loan in the third quarter, was confirmed as an acquisition conducted during the fiscal year and included among the principal business combinations. - FY2021-Q3First statedAnnual report
「Cash flow from investing activities was an outflow of ¥64.6 billion, reflecting approximately ¥80 billion recovered through asset rotation, including the sale of the Mexico vehicle manufacturing business and the US tight oil and shale gas business, while approximately ¥160 billion was invested or lent, including for the acquisition of the Southeast Asian construction equipment sales and rental business and capital expenditures at SCSK.」
The company made investments and loans, including the acquisition of a construction equipment sales and rental business in Southeast Asia. The amount of the acquisition, the target company, and the completion date for the individual transaction were not disclosed.