Kimuratan (8107) · InitiativeDropped
Consideration of Daito Group involvement in its Shanghai subsidiary
First written in FY2016. 1 of 2 entries say "Dropped", first in FY2024-Q1. Latest entry: FY2024-Q1.
2entries
8years
0from disclosures
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Same theme, other companies
Consideration of an equity interest transfer and liquidation of a Shanghai subsidiaryA theme 1 companies write about · 0 as a headwind · 0 as a tailwind
No other company in this theme has enough history to compare yet.
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- FY2024-Q1DroppedAnnual report
「This resulted from the completion of the liquidation of the consolidated subsidiary 上海可夢楽旦商貿有限公司.」
Regarding the previous theme of involvement in and consideration of transferring the interest in the Shanghai subsidiary, the company reported the completion of the subsidiary's liquidation, eliminating the basis for continued involvement in the business. - FY2016First statedAnnual report
「The company resolved to transfer 70% of its equity interest in its wholly owned subsidiary 上海可夢楽旦商貿有限公司 to 青島大都国際貿易有限公司 and entered into an equity transfer agreement with the latter on 10 November 2015, but decided to postpone the equity transfer date depending on circumstances.」
The company resolved to transfer 70% of its interest in the Shanghai subsidiary and entered into an agreement, but the transfer had not been completed as of the fiscal year-end, and discussions were under way on methods including a third-party allotment of shares.