Expanding overseas product offerings and sales channels by making a material handling equipment company a subsidiary
First written in FY2017-Q1. 3 of 5 entries say "Restated". Latest entry: FY2018.
1 other company's latest entry also says "Restated".
- FY2018RestatedAnnual report
「March 2016: Acquired 八洲商会株式会社 (Kazo, Saitama; consolidated subsidiary) to expand the products handled in overseas transactions and sales channels.」
The corporate history continues to state the purpose of expanding overseas products handled and sales channels through the acquisition of 八洲商会. - FY2017RestatedAnnual report
「八洲商会株式会社 sells, rents and imports and exports cargo-handling and transport equipment, primarily forklifts, to customers in Japan and overseas. The Company determined that making it a subsidiary would expand the products handled in overseas transactions and sales channels, and aims to enhance the Group's corporate value and expand its business through synergies.」
The annual report also confirms the purpose of making 八洲商会 a subsidiary: expanding overseas products and sales channels through the sale, rental, import and export of cargo-handling and transport equipment. - FY2017-Q3ReframedAnnual report
「有限会社リフテック was merged during the third-quarter consolidated accounting period, with 八洲商会株式会社 as the surviving company. Accordingly, リフテック was removed from the scope of consolidation from the third-quarter consolidated accounting period.」
The Group structure changed from the acquisition and consolidation of リフテック and 八洲商会 to the removal of リフテック from the scope of consolidation following a merger in which 八洲商会 remained as the surviving company. - FY2017-Q2RestatedAnnual report
「On 30 March 2016, the Company acquired shares in 有限会社リフテック, making it and its subsidiary 八洲商会株式会社 subsidiaries of the Company. Accordingly, both companies have been included in the scope of consolidation from the first-quarter consolidated accounting period.」
The acquisition and consolidation of リフテック and 八洲商会 are described again, but no new acquisition or additional development is indicated. - FY2017-Q1First statedAnnual report
「On 30 March 2016, the Company acquired shares in 有限会社リフテック, making it and its subsidiary 八洲商会株式会社 subsidiaries of the Company. Accordingly, both companies have been included in the scope of consolidation from the first-quarter consolidated accounting period. Making both companies subsidiaries of the Group will expand the products handled in overseas transactions and sales channels. Acquired voting rights: 100%.」
The company describes the acquisition of リフテック and 八洲商会 as a means of expanding the products handled in overseas transactions and sales channels.