GSI Creos (8101) · InitiativeAchieved
Transfer of an Equity Interest in 大三紙化工業 and Transfer of the Paper Tube Business
First written in FY2022-Q1. 1 of 2 entries say "Achieved", first in FY2022-Q2. Latest entry: FY2022-Q2.
2entries
1years
0from disclosures
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Transfer of 大三紙化工業's equity interest and paper tube businessA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2022-Q2AchievedAnnual report
「At a meeting of the Board of Directors held on 26 June 2021, we resolved to transfer our 85% equity interest in 大三紙化工業株式会社, a wholly owned subsidiary, to 田中紙管株式会社, and completed the transfer on 1 July 2021.」
The transfer of the 85% equity interest in 大三紙化工業 was completed on 1 July 2021. Subsequent effects disclosed included a ¥27 million loss on the sale of shares in an affiliated company and ¥1,203 million in assets related to the transferred business. - FY2022-Q1First statedAnnual report
「At a meeting of the Board of Directors held on 26 June 2021, we resolved to transfer our 85% equity interest in 大三紙化工業株式会社, a wholly owned subsidiary, to 田中紙管株式会社, and entered into an agreement on 28 June 2021. The transfer was completed on 1 July 2021 under the agreement.」
Transferred an 85% equity interest in 大三紙化工業 to 田中紙管株式会社 and completed the transfer on 1 July 2021. The remaining interest after the transfer was 15%, which was described as part of the company’s efforts to select and concentrate on businesses and improve management efficiency.