The Amami Oshima project associated with “Zekkei Japan” and the acquisition of グリーン・キング奄美株式会社 as a subsidiary
First written in FY2023-Q3. 1 of 2 entries say "Dropped", first in FY2023. Latest entry: FY2023.
No other company in this theme has enough history to compare yet.
- FY2023DroppedAnnual report
「Green King Amami Co., Ltd. ceased to be a consolidated subsidiary after the early redemption of its bonds reduced the amount of its financing to below half, and the Company withdrew from the Amami project.」
For the Amami Oshima project pursued as part of "絶景JAPAN," Green King Amami Co., Ltd. was removed from the scope of consolidation following the early redemption of its bonds, and the Company withdrew from the project. - FY2023-Q3First statedAnnual report
「The Company launched its first real estate project for high-net-worth individuals in Japan and overseas, "絶景ＪＡＰＡＮ," and is pursuing a strategy to strengthen its real estate business. As part of the project, it decided to develop a project on Amami Oshima jointly with GK Amami Co., Ltd. Business combination date 13 June 2023 Voting rights ratio after acquisition: 100.0% (including 100.0% indirect ownership through closely related parties, etc.)」
As part of "絶景JAPAN," the Company developed a project on Amami Oshima jointly with Green King Amami Co., Ltd. and stated that it made the company a subsidiary on 13 June 2023 based on the standard of substantive control. The voting rights ratio after the acquisition was 100.0%.