Kimuratan (8107) · InitiativeAchieved

Discontinuation of Business Downsizing at 中西株式会社, Share Transfer and Exclusion from Consolidation

First written in FY2023-Q3. 1 of 1 entries say "Achieved", first in FY2023-Q3. Latest entry: FY2023-Q3.

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Removal from the Scope of Consolidation Through the Transfer of Shares in a SubsidiaryA theme 314 companies write about · 44 as a headwind · 223 as a tailwind

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FY2023-Q3AchievedAnnual report
「At a meeting of the Board of Directors held on 30 January 2023, the Company resolved to discontinue the business reduction plan for Nakani shi, waive its claims against Nakani shi and transfer all shares of Nakani shi held by the Company. On 1 February, the Company waived the claims, executed the share transfer agreement and transferred all shares. Upon completion of the share transfer, Nakani shi Co., Ltd., a consolidated subsidiary, was removed from the scope of consolidation as of that date.」
For Nakani shi Co., Ltd., the Company discontinued its business reduction policy, waived ¥164 million in claims including loans, and transferred all shares for ¥1 on 1 February 2023, removing the company from the scope of consolidation.

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