Expansion of the Real Estate Business through the Acquisition of a 70% Stake in 神鋼不動産
First written in FY2018. 2 of 4 entries say "Cited as achieved", first in FY2019-Q2. Latest entry: FY2019-Q3.
10 other companies' latest entry also says "Cited as achieved".
- FY2019-Q3Cited as achievedAnnual report
「During the second quarter of the consolidated fiscal year, we acquired 70% of the total issued shares of 神鋼不動産株式会社, making it and its subsidiaries consolidated subsidiaries.」
The 70% acquisition of 神鋼不動産 and its incorporation as a consolidated subsidiary are restated as completed changes in major affiliates and as a factor affecting results for the quarter. - FY2019-Q2Cited as achievedAnnual report
「Under the share transfer agreement entered into on 27 April 2018 to acquire 70% of the total issued shares of 神鋼不動産株式会社 (hereinafter, “神鋼不動産”), we completed the share acquisition on 1 July 2018. As a result, 神鋼不動産 became a consolidated subsidiary.」
The 70% acquisition of 神鋼不動産 and its incorporation as a consolidated subsidiary on 1 July 2018 are restated as completed business combination and changes in the scope of consolidation. The consideration was ¥68,510 million, and goodwill of ¥18,051 million was recognized. - FY2019-Q1AchievedAnnual report
「Under the share transfer agreement entered into on 27 April 2018 to acquire 70% of the total issued shares of 神鋼不動産株式会社, we completed the share acquisition on 1 July 2018. As a result, 神鋼不動産 became a consolidated subsidiary.」
The acquisition of 70% of 神鋼不動産 was completed on 1 July 2018, making it a consolidated subsidiary. - FY2018First statedAnnual report
「On 27 April 2018, we entered into a share transfer agreement to acquire 70% of the total issued shares of 神鋼不動産株式会社. The consideration was approximately ¥69.2 billion in cash, and the business combination date was scheduled for 1 July 2018.」
The company first disclosed its plan to acquire 70% of 神鋼不動産 and incorporate its business platform covering real estate development, sales, leasing and brokerage through the business combination scheduled for 1 July 2018.