Rationalization and Efficiency Improvements in the Construction Equipment Business Through the Absorption-Type Merger of 平川機工
First written in FY2017-Q1. 4 of 5 entries say "Restated". Latest entry: FY2018.
2 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「March 2016: Absorbed 平川機工株式会社 (Daito, Osaka; non-consolidated subsidiary) to streamline and improve efficiency in the construction equipment business.」
The absorption merger of 平川機工 is reiterated as a reorganization aimed at streamlining and improving efficiency in the construction equipment business. - FY2017RestatedAnnual report
「平川機工株式会社 was a wholly owned subsidiary of the Company engaged in the sale and rental of civil engineering and construction equipment. The Company decided to absorb it through a merger to streamline and improve efficiency in the Group's construction equipment business.」
The absorption merger of 平川機工 is reconfirmed as a Group reorganization aimed at streamlining and improving efficiency in the construction equipment business. - FY2017-Q3RestatedAnnual report
「On 1 March 2016, the Company absorbed 平川機工株式会社, which had been a non-consolidated subsidiary.」
The absorption merger of 平川機工 continues to be described as a change in business content. - FY2017-Q2RestatedAnnual report
「On 1 March 2016, the Company absorbed 平川機工株式会社, which had been a non-consolidated subsidiary.」
The absorption merger of 平川機工 is reiterated as a change in business content. - FY2017-Q1First statedAnnual report
「Based on a resolution of the Board of Directors meeting held on 22 January 2016, the Company merged with its wholly owned subsidiary 平川機工株式会社 on 1 March 2016. 平川機工株式会社 was a wholly owned subsidiary of the Company engaged in the sale and rental of civil engineering and construction equipment in Daito, Osaka. The merger was carried out to streamline and improve efficiency in the Group's construction equipment business.」
The absorption merger of the wholly owned subsidiary is described as a Group reorganization aimed at streamlining and improving efficiency in the construction equipment business.