Business Exit and Sale in Light of Synergies and the Competitive Environment
First written in FY2016. 3 of 5 entries say "Cited as achieved", first in FY2017-Q2. Latest entry: FY2018-Q1.
- FY2018-Q1Cited as achievedAnnual report
「During the first quarter of the current fiscal year, the company sold all shares of 株式会社ケィティーエル, which had constituted the corporate supply-related business, and excluded it from the scope of consolidation. As a result, segment assets in the corporate supply-related business decreased by ¥9.401 billion from the end of the previous consolidated fiscal year.」
The sale of all shares in ケィティーエル and its exclusion from consolidation were cited again as factors behind the decline in segment assets in the results after completion. - FY2017-Q3Cited as achievedAnnual report
「Net sales declined, mainly because sales in the petroleum segment decreased as a result of lower sales volumes of petroleum products and falling crude oil prices, and because the sale of a semiconductor sales subsidiary eliminated its sales from the company's results.」
The sale of the semiconductor sales subsidiary was cited again in the performance analysis as a factor behind the decline in sales after the sale. - FY2017-Q2Cited as achievedAnnual report
「Net sales declined, mainly because sales in the petroleum segment decreased as a result of lower sales volumes of petroleum products and falling crude oil prices, and because the sale of a subsidiary eliminated its sales from the company's results.」
The sale of a subsidiary was cited as a factor behind the decline in sales for the quarter, confirming the impact after completion of the sale. - FY2017-Q1AchievedAnnual report
「On 8 April 2016, the company completed the transfer of all shares it held in 株式会社ケィティーエル under a share transfer agreement concluded with MARUBUN CORPORATION on 9 March 2016.」
The transfer of all shares in the semiconductor and electronic components sales subsidiary ケィティーエル was completed on 8 April 2016, and the company was excluded from the scope of consolidation. - FY2016First statedAnnual report
「TMIソリューションズ株式会社 and 株式会社グロスディー were engaged mainly in the sale of IBM products in the Tokyo metropolitan area, but the company determined that they were unlikely to generate significant synergies in the future under its information systems business strategy.」
The company sold 2 information systems subsidiaries on 1 July 2015 and decided on a policy of transferring its semiconductor trading subsidiary ケィティーエル on 8 April 2016.