Kaga Electronics (8154) · InitiativeAchieved
Making Kyokuto Denki Co., Ltd. a wholly owned subsidiary
First written in FY2021-Q3. 1 of 2 entries say "Achieved", first in FY2021. Latest entry: FY2021.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Acquisition of western Japan EMS manufacturing sites through the acquisition of 旭東電気 as a subsidiaryA 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
- FY2021AchievedAnnual report
「As of 2 November 2020, the company acquired 100% of the shares of 旭東電気株式会社, making it a subsidiary.」
The acquisition of 100% of 旭東電気株式会社 and its conversion into a subsidiary were completed, and the company moved to the stage of using its factories in Tottori Prefecture as EMS bases for the western Japan region. - FY2021-Q3First statedAnnual report
「Effective 2 November 2020, as part of the growth strategy of our Group, we acquired 100% of the shares of 旭東電気株式会社 and made it a subsidiary.」
As part of the Group's growth strategy, the company acquired 100% of the shares of 旭東電気株式会社, making it a wholly owned subsidiary, in a new M&A initiative.