Iwatani (8088) · InitiativeAchieved
New Energy Station Business Through the Acquisition of トキコシステムソリューションズ
First written in FY2022-Q3. 1 of 2 entries say "Achieved", first in FY2022. Latest entry: FY2022.
2entries
1years
0from disclosures
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Acquiring hydrogen and energy station capabilities through the acquisition of Tokico System SolutionsA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2022AchievedAnnual report
「Based on this resolution, we entered into a share transfer agreement with Polaris Capital Group Co., Ltd. on the same date and acquired all shares on 1 April 2022.」
For Tokico System Solutions, the planned acquisition of all shares was completed on 1 April 2022. The company progressed to the stage of integrating its manufacturing and engineering capabilities, hydrogen dispensers and other functions with our energy and hydrogen businesses. - FY2022-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 28 January 2022, we resolved to acquire all shares of Tokico System Solutions Co., Ltd. Based on this resolution, we entered into a share transfer agreement with Polaris Capital Group Co., Ltd. on the same date and planned to acquire all shares on 1 April 2022.」
We resolved to acquire all shares of Tokico System Solutions and entered into a share transfer agreement. Completion of the acquisition was scheduled for 1 April 2022, and synergies were expected between the company's fluid measurement and control, energy station construction and hydrogen dispenser capabilities for FCVs and our energy and hydrogen businesses.