Es-Con Japan (8892) · InitiativeAdvanced
Strengthening the Tokyo metropolitan business through the acquisition of detached housing development and existing home resale businesses
First written in FY2019-Q2. 1 of 2 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2019-Q3.
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Strengthening the Tokyo metropolitan area detached-home and existing-home businesses through the acquisition of ワンズオウンハウス and ライズホームA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2019-Q3AdvancedAnnual report
「From the third quarter of the current fiscal year, the company included its newly established ESCON JAPAN (THAILAND) CO.,LTD. and Ones Own House Co., Ltd. and Rise Home Co., Ltd., whose shares it acquired in full and which it made subsidiaries, in the scope of consolidation.」
The acquisitions of Ones Own House and Rise Home were included in the scope of consolidation from the third-quarter consolidated accounting period. The company also disclosed the recognition of goodwill associated with the business combinations. - FY2019-Q2First statedAnnual report
「At a Board of Directors meeting held on 26 June 2019, the company resolved to acquire all shares of Ones Own House Co., Ltd. and Rise Home Co., Ltd. and make them subsidiaries, entered into a share transfer agreement on the same date, and acquired all shares on 1 July 2019.」
The company acquired all shares of Ones Own House Co., Ltd. and Rise Home Co., Ltd. to incorporate Ones Own House’s detached housing development and existing home purchase-and-resale business and Rise Home’s detached housing construction business. The acquisition cost was ¥1,154 million, and the purpose was to strengthen the real estate development business, including for-sale condominiums and detached housing in the Tokyo metropolitan region, centred on Saitama Prefecture.