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Wakita & (8125) · InitiativeRestated

Entry into the Construction and Crane Businesses through the Acquisition of 泰成重機 as a Subsidiary

First written in FY2019. 2 of 5 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2020.

5entries
2years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseAdvancedFY2020-Q1 – FY2020-Q2RestatedFY2020-Q3 – FY20202019: 320192020: 22020
Same theme, other companies
Making 泰成重機 a subsidiary and entering the construction and crane businessesA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2020RestatedAnnual report

    「Following the acquisition of shares in 株式会社泰成重機 and its conversion into a subsidiary from the second-quarter consolidated accounting period, the company has been included in the scope of consolidation.」

    泰成重機 has been included in the scope of consolidation as a subsidiary, and the Company has continued to pursue expansion into the construction and crane businesses.
  2. FY2020-Q3RestatedAnnual report

    「Following the acquisition of shares in 株式会社泰成重機 and its conversion into a subsidiary from the second-quarter consolidated accounting period, the company has been included in the scope of consolidation.」

    泰成重機 has continued to be included in the scope of consolidation since the second quarter.
  3. FY2020-Q2AdvancedAnnual report

    「In the construction equipment business segment, 株式会社泰成重機 was acquired and made a consolidated subsidiary from the second-quarter consolidated accounting period. Goodwill arising from the transaction amounted to ¥675 million.」

    泰成重機 was actually included in the scope of consolidation as a consolidated subsidiary from the second-quarter consolidated accounting period, and goodwill of ¥675 million was recognized.
  4. FY2020-Q1AdvancedAnnual report

    「Business combination date 15 April 2019 (share acquisition date) 30 June 2019 (deemed acquisition date) Consideration for acquisition: Cash and deposits ¥993 million Purchase price ¥993 million」

    The acquisition of shares in 泰成重機 was completed on 15 April 2019, and a purchase price of ¥993 million was recorded. The deemed acquisition date was 30 June, and the company was scheduled to be included in the scope of consolidation from the second-quarter consolidated accounting period.
  5. FY2019First statedAnnual report

    「In its core construction equipment business, the Group operates nationwide in the sale and rental of civil engineering and construction machinery. The Company decided to acquire the shares because making the company a Group subsidiary was expected to enable entry into the construction field, acquisition of crane operation expertise, and synergies in the sales division through crane sales and other activities. Ownership interest after the acquisition: 100%」

    The acquisition of shares in 泰成重機 was completed on 15 April 2019, with the aim of entering the construction field, acquiring crane operation expertise, and generating synergies with the sales division.
Moved together

"Entry into the nursing-care business through making サンネットワークリブ a subsidiary" moved the same way as this thread, in the same document, in 2 of its 5 moves.

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  1. ★This thread
  2. 1Entry into the nursing-care business through making サンネットワークリブ a subsidiary2×
  3. 2Guarantee exposure arising from operating transactions and affiliate borrowings2×

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Entry into the Construction and Crane Businesses through the Acquisition of 泰成重機 as a Subsidiary | Wakita & Co.,LTD. (8125) | Komori