Strengthening Governance Through a Review of the Capital Structure of a Consolidated Subsidiary
First written in FY2017-Q3. 1 of 4 entries say "Restated". Latest entry: FY2023-Q3.
1 other company's latest entry also says "Achieved".
- FY2023-Q3AchievedAnnual report
「Business combination date 29 November 2022 … The shares of consolidated subsidiaries held by non-controlling shareholders were acquired to strengthen management governance through a review of the capital structure and improve the Group's earnings power. As a result, the Group's voting rights ratio became 100% at all consolidated subsidiaries.」
The additional acquisition of shares in 5 consolidated subsidiaries was completed on 29 November 2022, bringing the voting rights ratio to 100% at all consolidated subsidiaries. The plan described previously has been completed. - FY2023-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 25 October 2022, the Company resolved to additionally acquire, through the Company and its consolidated subsidiaries, common shares of 5 of the Company's consolidated subsidiaries. The shares held by non-controlling shareholders will be acquired to strengthen management governance through a review of the capital structure and improve the Group's earnings power.」
The Company resolved to additionally acquire the non-controlling interests in 5 consolidated subsidiaries, with implementation planned during November 2022. Following the acquisitions, the plan is for the voting rights ratio to be 100% at all 5 subsidiaries. - FY2017RestatedAnnual report
「The acquisition of treasury shares held by non-controlling shareholders was undertaken to strengthen management governance through a review of the capital structure.」
The annual report reconfirms the purpose of OKB信用保証 Co., Ltd.'s acquisition of treasury shares, the ¥1,335 million consideration paid, and the accounting treatment as a transaction with non-controlling interests. - FY2017-Q3First statedAnnual report
「OKB信用保証 Co., Ltd., a consolidated subsidiary of the Bank, acquired treasury shares on 26 December 2016. The acquisition involved treasury shares held by non-controlling shareholders and was intended to strengthen management governance through a review of the capital structure. Consideration paid: cash and deposits, ¥1,335 million」
The document states that OKB信用保証 acquired treasury shares held by non-controlling shareholders for ¥1,335 million, strengthening management governance through a review of its capital structure.